Apology for Anti-Chinese Racism

 San Jose in California has officially apologised to Chinese immigrants and their descendants for the role the city played in “systemic and institutional racism, xenophobia, and discrimination”.

In May 1887 Chinatown with its dozens of stores and restaurants was burned to the ground, displacing about 1,400 residents, after the city council had declared the neighborhood a public nuisance.

In May, the town of Antioch, California became the first to apologise for its treatment of early Chinese immigrants, who dug secret tunnels to commute home from work because they were barred from walking city streets after sunset.

Chinese immigrants first arrived in the US in large numbers during the California Gold Rush in the mid-1800s. After many also to work on building the railroad or to take up other difficult industrial and agricultural jobs for low wages.

Chinese immigrants faced intense racial discrimination in America. They were required to pay special taxes, banned from owning properties and land, and blamed for stealing jobs and driving down wages.

The anti-Chinese sentiment later escalated into assaults, arson and murder.

More than 150 anti-Chinese riots took place through the American West during the 1870s and 1880s. One of the worst examples was in the Los Angeles Chinatown in 1871, when 19 Chinese people – 10% of the small Chinese population of the city at the time – were killed by a mob.



The anti-Chinese racism culminated in the 1882 Chinese Exclusion Act, which virtually prohibited the immigration of Chinese labourers. 


San Jose apologises for past racial discrimination against Chinese community – BBC News


Also see



SOCIALISM OR YOUR MONEY BACK: Brief History of Anti-Chinese Racism

The banks at it again

 


NatWest has been fined £265m after admitting it failed to prevent money-laundering of nearly £400m by one firm.

A gold trading business suspected of money-laundering deposited £700,000 in cash into one NatWest branch in black bin bags, a court heard.

A criminal gang deposited huge sums of cash across about 50 branches, prosecutors for the UK’s financial watchdog said.



A French court fined Swiss bank UBS 1.8 billion euros ($2.0 billion) on appeal on Monday for its role in helping French residents commit tax fraud. 



The court found UBS guilty of concealing serious tax fraud and illegal banking activities in France between 2004 and 2012, when it was sending Swiss bankers to court well-heeled French clients. Almost 10 billion euros were shielded from the eyes of their tax officials over that eight-year period ending in 2012.



Four of six UBS bankers who also faced charges were handed down suspended jail sentences of up to one year and 300,000-euro fines,

Rocket scientists and Brain surgeons

 It doesn’t take a genius to become a rocket scientist or a brain surgeon according to a recent study.

aren’t necessarily more clever than the general public, according to a study.

Researchers asked 329 aerospace engineers and 72 neurosurgeons to complete a series of tasks to test their cognition.

The results, published in the British Medical Journal, show few differences with members of the British public.



“It is possible that both neurosurgeons and aerospace engineers are unnecessarily placed on a pedestal,” the study commented. 


 Rocket scientists and brain surgeons aren’t necessarily more clever – study – BBC News

Religion – No Thanks

  



The fastest-growing group in surveys asking Americans about their religious identity. They describe themselves as atheists, agnostics or “nothing in particular.”

According to a survey released by the Pew Research Center, this group — commonly known as the “nones” — now constitutes 29% of American adults. That’s up from 23% in 2016 and 19% in 2011.

“If the unaffiliated were a religion, they’d be the largest religious group in the United States,” said Elizabeth Drescher, an adjunct professor at Santa Clara University.

What’s your religion? In US, a common reply now is “None” | AP News

Big Pharma – Crimes against humanity

 Millions more people will die from Covid-19 in the coming year, and most will be unvaccinated. The vaccines that could save millions of lives are not reaching the poor majority of the world’s population. The contrast is stark: the current share of people fully vaccinated in high, upper-middle income, lower-middle income and low income countries is 69%, 68%, 30% and 3.5% respectively.

The UK, Canada, Germany and other EU states have supported a deliberate policy to withhold vaccines from the poorest countries in the world, and defended an immoral and unethical economic system which places big pharma patents ahead of millions of lives. 

Anthony Costello, a professor of global health at University College London and former director of the WHO’s maternal, child, and adolescent health program, wrote in The Guardian that wealthy countries’ hoarding of doses and refusal share vaccine technology could constitute “crimes against humanity” and that international lawyers should consider pursuing charges.

 The official statistics of global Covid deaths (5.2 million) greatly underestimate the real figures, which may already be more than 20 million deaths. In India, for example, analyses suggest that the real death rates are 10 times higher than the official figure of 400,000. Meanwhile, another study has found that more than 1.5 million children have been orphaned by the pandemic.

Patent-protected vaccines are sold at great profit to wealthy countries by a few pharmaceutical companies. The global vaccine price ranges from $2 (for AstraZeneca) to $37 per dose, with mRNA vaccines such as Pfizer/BioNTech and Moderna the most expensive. Between January 2020 and December 2021 the market capitalisations of Moderna rose from $6.9bn to $134bn; Pfizer from $206bn to $314bn; and BioNTech from $6.6bn to $84bn.

What can the world do when massive financial interests are placed before the survival of millions of men, women and children? 

 One is a patent waiver. A year ago India, South Africa, Kenya and Eswatini among others called for one, so that emerging economy companies were not under threat of future litigation. The USA and France eventually supported them. But Germany, Canada, Japan, South Korea and the UK blocked this move to protect big pharma. Bill Gates, a major donor to Covax, also defended patent rights. After months of wrangling, the WTO has failed to broker an agreement.

The richest countries are vaccine hoarders. Try them in international court | Anthony Costello | The Guardian

Work Til You Drop

 Millions of Americans are working into their senior years because they can’t afford not to have a job.

Over the next decade, the number of workers ages 75 and older is expected to increase in the US by 96.5%, with their labor force participation rate projected to rise from 8.9% in 2020 to 11.7% by 2030, a rate that has steadily increased from 4.7% in 1996.

By 2040, the US population of adults ages 65 and older is expected to increase to 80.8 million from 54.1 million in 2019.

The number of workers who retired during the pandemic was about 2 million more than expected. 50.3% of US adults ages 55 and older said they were out of the labor force due to retirement in the third quarter of 2021, compared to 48.1% in the third quarter of 2019. Though in recent months, the unretirement rate of US workers has gradually increased toward pre-pandemic levels.

As the ageing US population grows, participation in retirement plans has declined since 2000.

 Nearly half of all families in the US have no retirement savings at all and inequality among Americans based on retirement savings is greater than income inequality. 

Over 15 million adults ages 65 and older are economically insecure, with incomes below 200% of the federal poverty line, with Black, Hispanic and women ages 65 and older more likely to live in poverty.

With the average estimated social security retirement benefit in 2021 at $1,543 a month, even with a 5.9% cost of living adjusted increase for 2022, millions of Americans who rely on social security benefits are forced to continue working past retirement age in order to make ends meet.

As the US population ages, with millions of Americans having no retirement savings, the number of older Americans with student debt, either for themselves or for children, is on the rise.

Nearly 9 million Americans ages 50 and older still have student debt, and the amount owed by this demographic is growing faster than any other age group. 

In 2015, 40,000 Americans had their social security retirement benefits garnished for student loans.

‘At 75, I still have to work’: millions of Americans can’t afford to retire | US retirement | The Guardian

Things are tough

 The poorest half of the population have had their incomes squeezed by £110 since 2019.

The New Economics Foundation (NEF) also says that the richest 5% are better off by £3,300 a year.

Incomes in regions such as London have risen six times faster than those in the North East.



Disposable incomes in the North East of England have risen by just £20 a year on average, or 0.1%.

In the South East of England, however, incomes have jumped by £550



Single parents were the worst affected families across all regions. Those in Yorkshire and the Humber and the North West and Merseyside saw their incomes fall by around 15 times as much as those in London.

“With prices expected to continue increasing, the threat of a rise in interest rates and ongoing effects of Brexit, things could get a lot tougher for families that have already suffered most,” said Alfie Stirling, director of research and chief economist at the NEF.


Half of UK families £110 a year worse off since 2019, report says – BBC News

SPC’s Imagine

 The 2021 Winter issue of the Socialist Party of Canada’s journal, Imagine, is now out. 

You can access the electronic version by following this link.

Of particular interest is the article by Comrade L. Gambone of Vancouver Island (pp. 3–5), who argues that nowadays the Indigenous and Ecological movements, by ‘directly challenging capital over questions of ownership and control,’ wage ‘a much higher stage of class struggle’ than the business unions, which have agreed to stick to matters like wages and working conditions.

On page 9 there is also a poem, originally published in 1909 in The Western Clarion, by Wilfrid Gribble, a member of the Socialist Party of Canada who crossed the border to Detroit and in 1916 helped to found the Workers’ Socialist Party of the United States (forerunner of today’s World Socialist Party of the United States).

Principle Three

 In the last issue of the World Socialist, we explained Clause Two of the World Socialist Movement’s Declaration of Principles, which is regarding the class struggle — the conflict between both of capitalism’s economic classes. In this issue, we’ll expound on Clause Three, which says:

This antagonism can be abolished only by the emancipation of the working class from the domination of the master class, by the conversion into the common property of society of the means of production and distribution, and their democratic control by the whole people.

Of course, the antagonism referred to is the class struggle, the working class is the proletariat, and the master class is the bourgeoisie. The working class’s only legitimate means of survival is selling their labor power to the bourgeoisie, who live off a portion of the surplus value extracted from the surplus labor of the working class. With a proletarian’s only other options being to commit crime, live off someone else’s income, or starve, they’re economically coerced into wage slavery — into being economically dominated by the bourgeoisie. As said in the previous article, lobbying also gives capitalists political domination over workers. This economic and political domination by the capitalist class — the dictatorship of the bourgeoisie — is based on their private ownership of the means of production.

This custom of individual ownership of the means of production, which effectively becomes collective ownership by a super minority of people in practice, is the root of all class-based modes of production, including capitalism. This minority ownership enables a direct and near complete autocracy over the labor process, right down to when and how long workers can use bathroom breaks. Aside from the labor process, capitalists also have an indirect autocracy over labor laws to a certain degree, again, via state lobbyists. This arrangement creates a diametrical opposition in class interests, which births class antagonism and, thus, class war. The only way to end this class war and bourgeois domination is to abolish classes entirely by expropriating private property, which is different from personal property, since it isn’t intended directly for personal use.

By abolishing private property and converting all of it into common property, we’d eradicate the very foundation of capitalism itself. There wouldn’t be a dictatorship of either economic class, since economic classes can’t exist in a society that recognizes all of Earth’s natural resources and means of production as the common heritage of mankind, just as we already do with the high seas via the Law of the Sea Treaty and outer space via the Outer Space Treaty. Without classes, there’d be no state, since a state’s just a means for one class to oppress another. Without private property, there wouldn’t be money, commodities, wages, or countries, since all stem from that. Without any of those, economic and political domination wouldn’t even be possible and, naturally, neither would class struggle, allowing for true democratic control over the means of reproducing life.

With all that being said, it’s important to clarify that a country having a “vanguard” state claiming to own the means of production on behalf of the proletariat means neither that the means of production are democratically controlled, nor that the working class has been emancipated. This is especially so when independent trade unions, strikes, and opposition parties were or are suppressed in practice. Socialism would be a direct democracy, which Leninist state legislatures have never had. Workers were never emancipated in any of these states, which is extremely obvious since strikes happened in the first place, but even more so since strikes were restricted or completely outlawed in some cases. Without recognizing all of that, we won’t even have a clear idea of what socialism will look like, let alone how to get there.

In the next issue, we’ll cover Principle Four, which clarifies the importance of workers’ emancipation, regardless of race and sex.

Jordan Levi

Principle Three | World Socialist Party of the US (wspus.org)