Author: ajohnstone

Quote of the Day

 “This senseless war has reverberated across the world. Higher costs of food and fuel as a result have deepened misery on a global scale, especially among those who were already the most vulnerable. This war, which is a blatant affront to the UN Charter and the whole body of international law built to protect human beings everywhere, and its vast human toll must end now. ”- UN High Commissioner for Human Rights,  Volker Türk

hrmmu-civilian-casualties-24feb2022-15feb2023-ru.pdf (ohchr.org) – Report in Russian

hrmmu-civilian-casualties-24feb2022-15feb2023-ua.pdf (ohchr.org) – Report in Ukrainian

hrmmu-civilian-casualties-24feb2022-15feb2023-en.pdf (ohchr.org) – Report in English

 

The Myanmar Mire

 18 million people – about one-third of Myanmar’s population – need humanitarian aid this year because of civil war and the post-coup economic crisis, according to the latest United Nations estimates.

The numbers needing support continue to rise from the estimated 14 million people needing aid last year. 

More than 10,000 people were displaced by fighting in southern Kayin State in early January alone, joining more than 1.5 million IDPs across the country.

Aid workers accuse the junta of further restricting aid operations and blocking urgently needed aid from reaching millions of people. The junta is seeking to impose its authority with a new law making registration compulsory for national and international non-governmental organizations and associations and introducing criminal penalties for non-registered entities with up to five years of imprisonment.

James Rodehaver, chief of the UN Human Rights Office for South-East Asia (OHCHR) Myanmar Team, said, “These new rules could greatly diminish what operational space is left for civic organisations to deliver essential goods and services to a population that is struggling to survive.”

It is able to choke access to some areas controlled by resistance groups and ethnic armed organisations that have been fighting the military for decades. The junta has extended a state of emergency for another six months.

“Heavy fighting, including airstrikes, tight security, access restrictions, and threats against aid workers have continued unabated, particularly in the Southeast, endangering lives and hampering humanitarian operations,” the UN Office for the Coordination of Humanitarian Affairs reported.

UN Hobbled by Junta and Under Pressure Over Myanmar Aid Crisis | Inter Press Service (ipsnews.net)


ANARCHY AND WASTE (1914)

 People were saying in 1914 that resources were running out but they have survived another 110 years! We are struck by the similarity of the period 1910-14 to today — a cost of living crisis ( due to the value of gold falling and so setting off a rising in the general price level) leading to more strikes. Only then the government (Liberal) didn’t hesitate to break the strikes but also that they shot and killed strikers as at Llanelli, Liverpool, Belfast and Tonypandy!

ANARCHY AND WASTE

“The only useful class in society—the working class—even if its modest requirements were doubled, would not tax the world’s resources in ten years to the extent that capitalist anarchy does in one.”

It has been suggested that the above para­graph, appearing in the “S.S.” for October last, may be regarded by some as an exaggeration. While it may be difficult to prove the actual figures, or even to obtain any accurate data as to.the extent of capitalist spoliation and waste, those who have at all studied the methods of capitalism will readily agree that the statement, for a rough estimate, is within the mark.

Every capitalist concern, existing as it does for the sole purpose of profit, and forced into competition with rival concerns, does not stop to consider the effects of its exploitation of the natural resources or of the working class, if such consideration checks the flow of profits.

Wherever Nature, unassisted by man, has pro­vided wealth to be easily acquired, the wild scramble has not slackened until extinction be­coming imminent, has compelled collective regu­lation through the State. The wild buffalo of North America was only saved from utter extinction by the removal of the largest remain­ing herd to Canada, and the enactment of stringent laws for their protection.

Mr. Chiozza Money says :

“Trade has been provided with weapons which it uses very much as a little boy uses a new pen-knife. There could be no apter parallel to illustrate what ig­norant men have done with the world’s timber, and its oil, and its ores, and its great tracts of virgin fertility. But the folly and waste could not proceed far without the price being paid.

“Rubber was a case in point which neatly illustrates tha general case. The world’a rubber was wasted and despoiled, and garnered in shame and bloodshed. Then rubber grew scarce and prices rose to famine point.

“As to timber, the world is using it much more quickly than it is growing it, and we have the extraordinary fact that the United States of America, which had some of the finest forests in the world, has hacked away at them so rapidly that some sorts of wood are scarce in her vast territory. Mr. Roosevelt’s Conservation Commission was a recognition of the folly with which our friends across the Atlantic, who think they are clever because thay have scraped an easily won natural wealth together in ugly piles, have played ducks and. drakes with their resources.”

These three paragraphs, from the pan of a capitalist defender, are stronger in their condemna­tion than even the rough estimate quoted above.

Perhaps no better example of capitalist was waste exists than coal. In the absence of reliable figures we can yet safely assume that millions of tons are wasted annually on war and the preparations for war. The building and manoeuvring of war-ships, the manufacture of guns and pro­jectiles—all for the protection of the private property owned by the capitalist class. Nearly one hundred millions is the estimated expendi­ture on the armed forces for the current year in this country alone. Every two days nine miners are killed, and 892 injured in the getting of coal. Life and limb and millions of tons of the coal they are sacrificed for are consumed on.the altar of private property. Yet “when the north wind doth blow,” many a working-class family huddle in their rags beside a fireless hearth !

But this savage appropriation and waste of wealth is not half the tale. For while produc­tion is carried on for profits, only to he realised on the world’s market, capitalist anarchy blindly oversteps the demand, in one direction or another, all the time. For over-production the capitalist has but one sure remedy sabotage. When harvests have been plentiful, so have thanks­giving services ; but what the market could not absorb has been destroyed or allowed to rot, in order to maintain prices. As Mr. Chiozza Money wrote of the Brazilian coffee crop : “When it is too big it is incontinently reduced by the simple process of burning.” The same applies to wheat, as Marx so ably pointed out in “Value, Price, and Profit.”

The “Daily Chronicle” (2.4.10) related what it described as an amusing feature of attempts made to corner cotton. Large consignments of cotton arrived at Liverpool from America. After warehousing they were re-shipped and sent back, it being expected that in due time the same cotton would find its way back to Liver­pool. Even then it was doubtful whether it might not make yet another journey across the Atlantic. Such cases as these may be isolated. but they hold a lamp to the purpose of industry. For if man works only to satisfy his needs, it is the height of folly to do the same work three or four times over.

If the working man, not wishing to be unem­ployed, spins out his job, that’s Ca’Canny. But the Stock Exchange gambler can play “shuttle­cock across the Atlantic” with the produce of labour, and he is hailed as a benefactor—he makes work !

How much of the drudgery performed by the working class is really necessary, is best shown by an examination of the numbers engaged in useless and unproductive work. The first and largest section of these is all those workers who are engaged in the production of, not only the luxuries consumed by the ruling class, but also their necessaries. For parasitism cannot be justified on any grounds. All those engaged in waiting upon or catering for the drones are do­ing useless work.

Standing armies and navies, and the police, together with customs officers, inspectors, and hundreds of thousands of clerks, tallying and writing dunning letters, are useless.

From the Lord Chancellor to the barrister’s clerk, lawyers do nothing to help production. The clergy are worse than useless : they are kept out of the wealth produced by the working class. Their function—a poisonous one—being to shackle the minds of the workers with super­stitions that should have died a natural death one hundred years ago, had the ruling class prized honesty as they do profits.

Politicians, from the Prime Minister to the Labour leader, and in their wake all the vast army of publishers, printers, touts and canvassers engaged in the issuing of current political rubbish, are productive of nothing beyond the return of the capitalist class to power and the subsequent crop of disgraceful libel actions that invariably follows each general election. Al­though the latter might well teach the workers one useful lesson : the value of political power in the estimation of those who seek it.

Under a sane and rational system of society, where the means of life were owned and con­trolled by the people, available information as to goods produced would be desirable. But this work would be next to nothing in comparison with the absurd lengths to which advertising is carried to-day. Goods are advertised, not to acquains customers with their existence, but to capture the trade of rivals. The “President of the Incorporated Society of Advertising Consultants” says that “Britain’s yearly advertising bill reaches a hundred mil­lions.” Their boasted claim that a real industry has been built up, is only the confession of an­other shoddy capitalist ideal. A complete indus­try employing one hundred thousand workers, besides contributory trades, engaged in defacing town and countryside with hideous proclamation that some particular ointment, pill, or soap is better than all others.

But this annual bill of Great Britain’s by no means covers the amount of human energy that is wasted in over-reaching and over-lapping in the general scramble for a share in the world’s market. The revelations in the Krupp case show that in China—and in other parts of the world—associations exist that, with a great out­lay of money, fill columns of the native Press with attacks on the traders of other countries.

All the yelling and hammering on the Stock Exchange is energy wasted ; company promo­ters, brokers and engineers, insurance company staffs, and those of benefit societies, are useless products of a rotten system, that advances in complexity almost as rapidly as it does in corruption.

The useless toil inflicted upon the many be­comes more apparent with the development of the system. The utmost corners of the earth are ransacked, the heat of the tropics and the cold of the Arctic zone, the dangers of the mine and the perils of the sea, are faced by members of the working class to bring treasures and dainties to our epicurian parasites and their pets. Thou­sands of workers spend their time in the manu­facture of tinsel and bunting and all the rest of the paraphanalia that forms a setting in the useless pagentry of royalty and other capitalist mummers, for the glorification of King Capital, and for the edification of the chloroformed vic­tims of their system.

Professor Dixon told a gloomy tale of the resources of the world being rapidly used up. His capitalist mind alone prevented him from perceiving the cause—the anarchy of capitalist production and the determination of the capitalist class to keep possession of the means of life. If either he or Mr. Money were possessed of sufficient imagination to conceive of a system of society where the means of life were owned collectively and controlled democratically, they would hold the key to the only solution of a world problem.

For it is only when competition and anarchy, exploitation and class antagonism, are abolished, that the human race, associating and co-operat­ing for their common good, can tackle the ques­tion of their dissipated inheritance. For the ruling class have indeed played ducks and drakes with our common inheritance, and they only blaspheme the god they pretend to believe in and worship, when they carve in the pedi­ment of the temple of Mammon, where they barter and gamble with the means of wealth production—”The Earth is the Lord’s and the fullness thereof.”

F. F.

Period Pains

 Upwards of 2.8 billion people do not have access to safe sanitation. 

A third of the world’s population doesn’t have a toilet.

This broad, international issue links to poverty, destitution and environmental risk. It also provides the backdrop to the struggles women and girls the world over face in dealing with their period. 

At least 500 million women and girls lack access to adequate facilities to manage menstruation.

“Period poverty” describes these barriers, from the cost of sanitary products and access to toilets to being excluded from activities ranging from the classroom to sport.

In Britain, it is estimated that up to 49% of girls have missed school due to their period. This appears to be primarily linked to the cost of period products. The simple solution, here, is to make these accessible and free.

 However, that money is only part of the problem. Many women and girls are socially disadvantaged, with information and education about periods seriously lacking.

 In communities shaped by repressive patriarchal systems, menstruating is still seen as a taboo subject. And with that comes shame and embarrassment.

When shame is felt in relation to an issue, it results in people being reluctant to search out the information they need, to their own detriment. Embarrassment is compounded by a lack of adequate sex education, the latter often taught to girls only.

Research shows that up to half of girls in the UK are embarrassed by their period and that support in school is lacking. According to the Sex Education Forum, a charity focused on relationships and sex education, one in four young women did not learn about periods before they got theirs, a number which appears to be rising. 

Girls and women may be forced to lie about periods so as not to take part in certain activities, such as physical education, due to the taboo and ingrained stigma around periods that endure in wider society. This appears to stem from periods, historically, being framed as a medical issue rather than a positive indication of the natural workings of the reproductive system and body.

 But business has a lot to answer for, too.

Misguided advertising campaigns that seemingly aim to break down stigma often inadvertently feed into it instead. This compounds the feelings of shame that surround periods.

Advertising that attempts to make sanitary products fun and edgy often links periods to sex. That’s because periods are profitable for those companies that make disposable products such as tampons and sanitary towels, and sex sells. 

However, some girls start their periods as early as age nine, which makes such sexualisation of period products even more damaging. Research has shown that the common age for periods to start is indeed early, anywhere from ten years old.

For many women and girls, menstruation can cause isolation and negatively affect their self-esteem and sense of dignity. Free period products and being able to deal with your period without shame or restrictions should be a basic human right.

Solving period poverty is about more than just making products free (theconversation.com)

Protect the High Seas

The resources of the ocean sustain almost 3 billion people worldwide. The entire sea industry has a worth of $3 trillion (€2.8 trillion) — that’s 5% of the world’s gross domestic product.

 Fishing, shipping, tourism and ocean protection are currently controlled by around 20 organizations. However, their regulations only apply to a distance of 200 nautical miles (370 kilometers) from the coast. Farther out, international waters start and individual states don’t have any power or say. 

Although the high seas make up more than half of the surface of the Earth and 61% of all oceans, only 1% of international waters are under protection. Illegal fishing, overfishing and other forms of damage to the ecosystem, such as deep-sea mining, oil and gas drilling, can hardly be monitored, tracked or prosecuted in a consistent way.

 51 countries want to now negotiate the High Seas Treaty at the United Nations in New York. The treaty has been in the works for years and is supposed to protect species and allocate the oceans’ resources in a sustainable way. If nothing changes, half of all sea dwellers will be critically endangered by the end of this century, according to estimates by UNESCO.

10 million tons of fish are discarded because of bad fishing practices and processing. 

80% of global sewage and wastewater currently flow into oceans, unfiltered. In the poorest countries of the world, it’s even up to 95%. This pollution contaminates and destroys oceans and coastal regions.

How to save our high seas from overfishing, pollution – DW – 02/20/2023

Safety on the Railroad or Profit

 The train derailment in Ohio forced thousands of residents to evacuate and is now spreading a noxious plume of carcinogenic chemicals across the area. Thirty-eight cars on the train derailed in the town of East Palestine, near the Pennsylvania border, including 11 cars carrying hazardous materials that incited an evacuation order, a controlled release of chemicals, and fears of harmful chemical exposure to residents, wildlife and waterways.

The six major railroad corporations reported over $22bn in profits and spent more than $20bn on stock buybacks and shareholder dividends last year. Unions say rail companies’ desire for increased profits is driving up safety risks – and more accidents will happen without action

 Leo McCann, chair of the rail labor division of transportation trades department explained, “The railroads are more interested in profitability and keeping their return on investment up and their numbers down so they can satisfy Wall Street, and they just live behind this shield hoping nothing will happen.”

Union officials cited the Norfolk Southern Railway derailment in early February as a glaring example of why safety reforms to the industry – which include providing workers with paid sick leave – need to be made.

“Without a change in the working conditions, without better scheduling, without more time off, without a better work-life balance, the railroad is going to suffer,” said Ron Kaminkow, the general secretary of Railroad Workers United, an Amtrak engineer in Reno, Nevada, and the vice-president of the Brotherhood of Locomotive Engineers and Trainmen (Blet) local 51. “It’s just intrinsic, with short staffing. Corners get cut and safety is compromised.”

With a loss of 40,000 railroad jobs between November 2018 and December 2020 Greg Regan, president of the AFL-CIO’s transportation trades department, said the loss of workers in recent years, which has coincided with record profits for railroad corporations, was the driving force for deteriorating conditions on US railroads.

“It increases a lot of risk in what is a very dangerous industry. When things go wrong there can be very tragic consequences,” added Regan.

Ohio train derailment reveals need for urgent reform, workers say | US news | The Guardian

Safety on the Railroad or Profit

 The train derailment in Ohio forced thousands of residents to evacuate and is now spreading a noxious plume of carcinogenic chemicals across the area. Thirty-eight cars on the train derailed in the town of East Palestine, near the Pennsylvania border, including 11 cars carrying hazardous materials that incited an evacuation order, a controlled release of chemicals, and fears of harmful chemical exposure to residents, wildlife and waterways.

The six major railroad corporations reported over $22bn in profits and spent more than $20bn on stock buybacks and shareholder dividends last year. Unions say rail companies’ desire for increased profits is driving up safety risks – and more accidents will happen without action

 Leo McCann, chair of the rail labor division of transportation trades department explained, “The railroads are more interested in profitability and keeping their return on investment up and their numbers down so they can satisfy Wall Street, and they just live behind this shield hoping nothing will happen.”

Union officials cited the Norfolk Southern Railway derailment in early February as a glaring example of why safety reforms to the industry – which include providing workers with paid sick leave – need to be made.

“Without a change in the working conditions, without better scheduling, without more time off, without a better work-life balance, the railroad is going to suffer,” said Ron Kaminkow, the general secretary of Railroad Workers United, an Amtrak engineer in Reno, Nevada, and the vice-president of the Brotherhood of Locomotive Engineers and Trainmen (Blet) local 51. “It’s just intrinsic, with short staffing. Corners get cut and safety is compromised.”

With a loss of 40,000 railroad jobs between November 2018 and December 2020 Greg Regan, president of the AFL-CIO’s transportation trades department, said the loss of workers in recent years, which has coincided with record profits for railroad corporations, was the driving force for deteriorating conditions on US railroads.

“It increases a lot of risk in what is a very dangerous industry. When things go wrong there can be very tragic consequences,” added Regan.

Ohio train derailment reveals need for urgent reform, workers say | US news | The Guardian

THE PROBLEM OF HIGH PRICES (1912)

  Here’s the article about high prices that reminded us of today (though the cause is different of course)

The present is a period of high prices. Workers and merchants alike are grumbling and wondering about this troublesome phenomenon. The workers are in a state of half-conscious rebellion; strikes are frequent; attempts are made to bring wages up to the standard of the new prices of commodities. Merchants are receiving stereotyped letters all telling a like story: “Owing to the high cost of raw materials and fuel, and the increase of wages and salaries, the National Insurance Act, etc., etc., we are reluctantly compelled to raise our prices ten per cent.”

Though a wholesale or retail merchant is well aware of the difficulty of getting enhanced prices, they jump to the conclusion that the manufacturer is raising prices simply because of his wicked individual craving to do so, in order to meet new expenses, etc. This we know to be absurd; but what of capitalist combines? what of associations and selling agreements betwixt rings of ambitious exploiters? Have these associations the power to do what economists say a number of competitors are powerless to do? Are the admitted effects of supply and demand upon prices cancelled when capitalists form’ combines and “artificially” attempt to raise prices?

A trust may raise prices so extravagantly that another article is substituted. For instance, in normal times there can be no fancy price for coal: oil and electricity are ever feared by our coal barons.

 Chiozza Money thinks that an important cause of present high prices is the increasing scarcity of tin, copper, and other metals. But even if a metal such as tin is scarce; even if it is scarce and a monopoly, there are obvious limits to prices—even to prices based upon a monopolist’s desires. If tin were to reach a much higher price it is probable that it would be rendered obsolete for domestic and other uses by aluminium ware, for the exploiters of a new article are ever on the watch ready to seize a new market.

But it is probable that laws operating under a regime of competition are cancelled under monopoly. If a coterie of capitalists can control the output in any trade, it would seem as if, within certain limits, they can raise prices. Now especially, when “trade is good,” can prices be easily raised in well-organised trades; arrangements to raise prices have even been successful over periods of very slack trade. To the writer’s knowledge, amongst other things, wire fencing and cast iron holloware, articles subject to open competition and which anyone could manufacture, have been price-maintained for years by a compact between capitalists which covered the whole trade. Better-known instances are oil, screws, wallpaper, cotton thread, linoleum, tobacco, etc. The predominance of proprietary articles. price maintenance schemes, capitalist pools, and other such factors, are causing people to ask the question of whether the influence on prices of supply and demand is not being modified by that “capitalist will” those economists once thought had so little influence. This issue is then raised: If the profits in any trade rise above the average profit in all trades, then new capital is attracted to the super-profitable trade. Competition thus becomes keener and profits tend down again to the normal. Is it not possible, however, for a newcomer in a trade that is protected by arranged prices, to be met with overtures and blandishments if he joins in the price scheme, and threatened with “price cutting” if he remains obdurate? Such a line of action would certainly not be novel.

The laws operating under competition are likely to be altered under monopoly, and even if the desires of capitalists have not unfettered scope, yet by plotting and using discretion it would seem as if they can obtain good financial results by arrangements amongst themselves, and can influence prices to a greater extent than was thought possible by economists.

Karl Marx and capitalist economists agreed in seeing a connection between cheap gold and high prices. McCulloch said :

“It has been contended, by Mr. Locke and others, that the value of the precious metals is imaginary, or that it depends on the consent of the nations who have adopted them, to serve as a circulating medium. . . . Gold is not more valuable than iron, or lead, or tin, because of its greater brilliancy, durability, or ductility ; but simply because an infinitely greater outlay of capital and labour is required to produce a given quantity of gold than is required to produce the same quantity of either of these metals. … It is sufficiently well known that those who employ their capitals in the working of gold or silver mines do not, upon the average, obtain any greater returns than those who are engaged in raising of coals or the manufacture of bricks. The production of the precious metals is not subjected to any species of monopoly or restraint. All individuals at their pleasure may employ capital in the extraction of bullion from the mines ; and there is no conceivable limit to the extent to which its supply may be increased.”

To all this (save the babble of “capital and labour”) a Socialist can subscribe.

Marx, in his monograph on ” Wage Labour and Capital,” says:

“In the sixteenth century the gold and silver in circulation in Europe was augmented in consequence of the discovery of America. The value of gold and silver fell, therefore, in proportion to other commodities. The labourers recei\red for their labour the same amount of silver coin as before. The money price of their labour remained the same, and yet their wages had fallen, for in exchange for the same sum of silver they obtained a smaller quantity of other commodities.”

According to “Whitaker’s Almanack” the production of gold for the whole world since 1901 has taken the following course: In 1901 £54,000,000 ; in 1904, £69,000,000; in 1907, £85,000,000 ; in 1910, £95,000,000. And with the increasing quantities there have been discovered improved methods of treating the ore which lower the cost of production and renders the gold cheaper.

The two factors dealt with—cheaper gold and capitalist co-operation—would appear to account for the upward tendency of prices. Anyone hoping to benefit the workers by an attack on these two things is a reformer. They are effects of the capitalist system and only the destruction of capitalism will check such anti-social growths. There are the trade unions, struggling despairingly to keep wages on the track of advancing prices; there are currency cranks with financial fads for social salvation. Well, the progress of the Socialist movement may seem slow to those in the thick of the fight, but our progress is lightning-like compared with the injuries inflicted upon capitalism by such puny fighters. The effects of capitalism upon prices, the commodity quality of price will only cease when capitalism bites the dust.

JOHN A. DAWSON

A Tory’s Incitement to Hate

  



The new Conservative deputy chair, Lee Anderson, claimed that Calais refugee charities are “just as bad as people-smugglers”.

He accused refugee organisations based in northern France of “fuelling” people’s desire to cross the English Channel in small boats. Anderson alleged that on a recent trip to Calais with the Commons home affairs select committee, he saw “hundreds of young men” being helped by those working with the British charity Care4Calais:

“You’ve got the people-smugglers, you’ve got the camps, the charities at the camps. You’ve then got, when you get to England, the hotels, the lefty lawyers – it is one big multimillion-pound industry.”

Anderson, a former Labour councillor who defected to the Tories, also claimed migrants were “encouraged” to make the dangerous crossing by being taught English by the volunteers.

“They weren’t fleeing any war, or persecution, they told us that they wanted to come for a better life in the UK,” he claimed.

In response, volunteer-run Care4Calais said: “Our operations in northern France focus on the provision of humanitarian aid and we seek to provide some friendship and dignity through activities like English lessons, football matches, and simple teas and coffees. We provide no assistance – or encouragement – to refugees with journeys to the UK. We do not want any individual to attempt to cross the Channel in a small boat, or by other dangerous means.

“We see the real-life consequences of people-smuggling; that is why we campaign for safe routes for people who want to seek asylum in the UK.”

The charity distributes aid to refugees sleeping rough in and around Calais, many of whom have fled war, persecution and political oppression.

Meanwhile, in Liverpool, hundreds of people attended a rally in support of refugees following violence outside a Merseyside hotel housing asylum seekers a week ago.

Liverpool mayor Joanne Anderson and former Labour leader Jeremy Corbyn joined the event, saying they wanted to “stand up for refugees”.

One speaker said Liverpool has been “bringing in people from around the world for as long as we’ve been a city and we cannot forget our roots”, while another said the city’s accent was a result of migration.

Can’t Pay? Can’t Eat!

 “The world’s biggest food corporation, Nestle, has said prices for staple items would continue to grow during 2023, after more than a year of price increases that have forced the ordinary consumer into an ongoing struggle to buy groceries.

The giant increased prices by 8.2% last year, but says this was not enough to offset a rise in its own costs that had substantially dented profits.

According to Nestle CEO Mark Schneider, Nestle’s price increases, which are expected to vary by market and category, will be “very targeted” and will only be implemented where “input cost inflation justifies it.”

“We are still in a situation where we’re repairing our gross margin and, like all the consumers around the world, we’ve been hit by inflation and now we’re trying to repair the damage that has been done,” Schneider said.

The executive provided no details on what projected increases will affect which of Nestle’s 2,000 brands, a range spanning confectionery, frozen foods, and baby formula.

“Last year brought many challenges and tough choices for families, communities and businesses,” the company’s statement reads. “Inflation surged to unprecedented levels, cost of living pressures intensified, and the effects of geopolitical tensions were felt around the world.”

Higher commodity costs and wages have brought the problem of pricing strategies into sharp focus for food-producing companies as they struggle to maximize their profits without turning away customers.

Unilever, Coca-Cola, Heineken, Colgate-Palmolive and Procter & Gamble have all flagged further increases in the prices of their goods in 2023, as they grapple with elevated commodity, energy and labour costs.”

RT 19\2\23

Dave C