September 1954 Socialist Standard now available
Fifty year Retrospect in entirety
http://socialiststandardmyspace.blogspot.com/search/label/September%201954?m=0
Help required to fight Vauxhall/ Lambeth election
On the 5th October 2023 an election is taking place to elect a Councillor for the Vauxhall Ward within the London Borough of Lambeth.
Nominations have been received from the usual suspects, Lib/Lab/Con/Green.
Those living within the Vauxhall Ward will, however, have a real choice this time around.
The Socialist Party is fielding a candidate. That election address will be one worth reading!
Anyone who is able to spend some time leafleting please contact head office.
The Socialist Party of Great Britain 52 Clapham High Street, London SW4 7UN
+44 20 7622 3811
2023 Norwegian local elections
Local elections take place in Norway today and the result is already known – they won and we lost!
THOUGHT FOR THE DAY
“We want people to abolish capitalism, but in the meantime, we’ve got to live in it”.
‘A recent electoral commission report revealed a tiny left wing [sic] group has amassed £2.6m in wealth. So how did the Socialist Party of Great Britain end up with an investment fund?’
See the short Times Radio report here.
Tell us something we don’t know
Quelle surprise! Living standards are on track to be worse than they were in 2019. Come the general election in 2024 and political parties will be laying all the blame on the Tory government. Promises will be flying like confetti to persuade workers that, rather like those pictorial depictions in Jehovah Witnesses literature, paradise awaits. And all you have to do is vote for Lab/Lib/ Con! It is a con of course. Whoever gains power will use it for the benefit of the minority exploiting class.
‘UK workers’ living standards will flatline next year, leaving them on track to be 4% worse off heading into the next election than they were in 2019, according to a leading think-tank.
The Resolution Foundation, which focuses its research on low- to middle-income households, said in a report that “never in living memory have families got so much poorer over the course of a parliament”.
Higher mortgage rates, steep tax rises and a stagnant economy meant UK workers were on track before an expected election in 2024 to suffer the worst fall in incomes over a five-year period since the 1950s, it said.
Adam Corlett, the organisation’s principal economist, said stable incomes next year will be a relief for many households, but “the bad news is that the living standards outlook is still dire, with overall stagnation and further income falls on the way for less well-off households”.
In a separate study, economic stagnation next year will be compounded by slowing exports to Europe and the rest of the world following a decline in global trade and unique barriers caused by Brexit red tape.
The British Chambers of Commerce (BCC) said in its quarterly economic forecast that the UK had avoided a recession this year but with “a number of economic indicators now flashing red” the next two years would bring “consistently low growth”.
Analysts at the Resolution Foundation said the incomes of typical working-age households were on course to be 4% lower in 2024-25 than they were in 2019-20 – considerably worse than the 1% income fall recorded between 2005-06 and 2010-11.
The report looked at comparable UK data going back to the middle of the 20th century.
While some important elements of economic data was improving, with inflation having fallen from a peak of 11.1% last year to 6.8% in July and the Bank of England likely to halt its interest rate raising cycle within a few months, it said higher mortgage and rental costs, a rise in tax bills and restricted government finances would limit the recovery.
Inflation-adjusted gross pay is expected to rise by 2.9% on average over the course of the parliament (2019-20 to 2024-25), but frozen tax thresholds mean that for the typical employee, post-tax pay will rise by just 0.6% in real terms over this period, it said…
The number of people living in absolute poverty – calculated as below 60% of the 2010-11 median income, adjusted for inflation – was projected to rise by 300,000 next year, reaching 12 million in 2024-25.
The BCC said a modest upgrade to the forecast growth rate of the UK economy this year was overshadowed by steep falls in business investment and weakening exports, limiting growth to between 1% and zero over the following two years’,
Ferengi-free future
Chickens coming home to roost
Boo yoo! Who’d have thunk it? Capitalism is unfair! French poultry farmers are clucking annoyed because Ukrainian chickens are flooding the market at half the cost.
Quelle horreur! The largest Ukrainian poultry ‘manufacturer’ is making profits from this blatant undercutting of EU chicken commodity suppliers.
One hesitates to imagine the conditions in which Ukrainian chickens are factory farmed but it’s hard, given the cost of living crisis across the capitalist world at present to blame consumers for preferring to buy cheaper food when it’s available.
One can only speculate whether Ukrainian workers involved in this industry are being more exploited than EU workers but it certainly sounds like someone needs a lesson in Marxian economics.
Note that ‘the European Commission imposed “temporary preventive measures” on Ukrainian imports to ease the impact of plummeting prices in neighbouring EU countries’. Cheaper food? Forget it! More important to Got to protect capitalists profits.
France’s poultry farmers are suffering losses due to “unfair competition” with Ukrainian producers, chairman of the Association of Chicken Meat Suppliers Anvol, Jean-Michel Schaeffer, told Le Figaro on Wednesday.
He complained that the influx of cheap Ukrainian pIn May, the European Commission imposed “temporary preventive measures” on Ukrainian imports to ease the impact of plummeting prices in neighbouring EU countries’.oultry is hitting local producers, which is typically a family business in France and many other EU countries.
Meanwhile, Ukrainian exporters belong to a different “category.” The profit from chicken sales goes not to the “Ukrainian people,” but to the country’s largest poultry manufacturer, MHP, Schaeffer emphasized, and urged the European Commission to protect domestic producers.
“Before this unfortunate conflict [in Ukraine], we were importing about 10,000 tons of poultry per month, and now we are importing 20,000 or more tons per month. It’s really a shock,” he said.
He said that the arrival of the giant Ukrainian supplier immediately destabilized the EU’s single market. Producers from the war-torn country are benefiting from low costs due to the absence of trade barriers and the lack of EU production standards in Ukraine.
One kilogram of chicken meat from French producers costs about €4.80 (a bit over $5), while one kilogram of Ukrainian poultry costs €2.40, which represents “unfair competition,” according to Schaeffer.
Farmers across the bloc are also suffering from the unprecedented surge in Ukrainian produce “be it the Germans, the Dutch, the Poles – everyone is in the same situation, when this flow of Ukrainian chickens destabilizes the entire market,” he said.
Last year, the EU lifted tariffs and quotas for exports of Ukrainian agricultural products to help Kiev financially. However, EU nations have faced domestic protests as farmers have struggled to compete with cheaper imports.
Poland was the first to ban imports of Ukrainian produce, followed by Romania, Bulgaria, Hungary, and Slovakia.
In May, the European Commission imposed “temporary preventive measures” on Ukrainian imports to ease the impact of plummeting prices in neighbouring EU countries’.
The EU ban on Ukrainian wheat, maize, rapeseed, and sunflower seed to Poland, Hungary, Romania, Slovakia, and Bulgaria is set to end on September 15′.
Brummagen fails at capitalism
‘Birmingham, the largest metropolitan area in the UK outside of London, has effectively declared itself bankrupt as its city council shut down all non-essential spending after being hit with a potential $956 million equal pay settlement bill.
In a statement on Tuesday declaring itself as being in financial distress, Birmingham City Council said it will “tighten the spend controls already in place” and appoint an external administrator to oversee short-term fiscal planning.
“In June, the council announced it had a potential liability relating to equal pay claims in the region of £650m to £760m ($816m to $956m), with an ongoing liability that is accruing at a rate of £5m to £14m ($6.3m to $17.5m) per month,” the statement said.
It added that the council “does not have the resources” to pay the outstanding sum but is “committed to dealing with the financial situation.” The body also said that all new spending is to be ceased, except support to vulnerable people and various statutory services.
The settlement bill stems from a 2012 Supreme Court ruling in favour of predominantly female Birmingham City Council employees who complained that bonus scheme payments had been mainly issued to staff in roles primarily occupied by men.
On Tuesday, deputy council leader Sharon Thompson said that the Labour-run organization is facing “long-standing issues, including the council’s historic equal pay liability concerns.” She added that the council “had £1 billion ($1.25bn) of funding taken away by successive Conservative governments.”
A spokesperson for UK Prime Minister Rishi Sunak responded that “clearly it’s for locally elected councils to manage their own budgets.” Sunak’s office added that Downing Street had “expressed concern about their governance arrangements and has requested assurances from the leader of the council about the best use of taxpayers’ money.”
The budget cuts could affect services that the council is not bound by law to maintain, including libraries and cultural projects and the maintenance of roads and parks. The dire financial situation could also impact the 2026 European Athletics Championships, which are due to take place at Birmingham’s Alexander Stadium’.