Socialist Sonnet No. 213

Treasury Tales

 

Red box of exchequer delights open

To reveal a tax on the tooth fairy,

With fruit plucked off the magic money tree,

Treasure borrowed from the lair of a dragon

Or the pot of gold at the rainbow’s end.

Raise taxes here, then lower others there,

Increase benefits trying to be fair,

Only to leave others trying to defend

The little they have got. The dragon’s loot

Will move off-shore, the tooth fairy replaced

By a drone, the pot of gold can’t be traced,

While the money tree’s torn up by the root.

All fiscal tales told, Labour’s and Tories’,

Turn out to be merely fairy stories.

 

D. A.

Socialist Sonnet No. 213

Treasury Tales

 

Red box of exchequer delights open

To reveal a tax on the tooth fairy,

With fruit plucked off the magic money tree,

Treasure borrowed from the lair of a dragon

Or the pot of gold at the rainbow’s end.

Raise taxes here, then lower others there,

Increase benefits trying to be fair,

Only to leave others trying to defend

The little they have got. The dragon’s loot

Will move off-shore, the tooth fairy replaced

By a drone, the pot of gold can’t be traced,

While the money tree’s torn up by the root.

All fiscal tales told, Labour’s and Tories’,

Turn out to be merely fairy stories.

 

D. A.

How to neuter fat cats

 


A new BBC history series concludes that ‘Wealth inequality is the most common and crucial element in societal collapse.’

What to do? At a recent awards ceremony singer Billie Eilish, who is donating £8m to fight food poverty, asked the question ‘If you’re a billionaire, why are you a billionaire?’ Her suggestion, to give it all away, reportedly annoyed Mark Zuckerberg.

Many, including even Reform UK voters, would support a wealth tax. But the tax proposed is usually modest – a mere ‘pantomime of pseudo-radicalism in which the villains are some wankers on yachts.’ We say it’s pointless decrying wealth inequality as an ‘injustice’ while accepting the capitalist logic that created it. If you want to abolish inequality, abolish capitalism.



https://www.worldsocialism.org/spgb/

Socialist Sonnet No. 212

COP…out

 

Assemble fifty thousand delegates,

From around the world. Ask what the price is,

When considering the climate crisis,

Of convening fourteen days of debates.

Then there’s the press corps and TV news,

Social media that requires broad banding,

The wining, the dining, the glad handing:

A towering Babel of discrepant views.

Far, far too many are still enraptured

With fossil fuels and profits they’re making.

For all the hot air there’s no mistaking

That not a gram of carbon is captured

After the fortnight, despite pressing need.

Just lots of motions with nothing agreed.

 

D. A.

World Socialist Radio – No Such Thing

 



‘No Such Thing as Free Buses’ and ‘Woolly Thinking’.
byThe Socialist Party of Great Britain

Proposals for “free buses” under capitalism—like the plan by New York politician Zohran Mamdani—paint a misleading picture: there’s no such thing as “free” in a system based on profit. While fare-free public transport would indeed make travel easier and lower emissions, the column warns that funding it via higher local taxes essentially subsidises employers by reducing the cost of living, which in turn can suppress wages. The only way to make transport—and all essential services—truly free and accessible for everyone, according to the authors, is to abolish the wage system entirely and bring the means of production into common, democratic ownership, enabling a socialist society where goods and services are provided solely to meet people’s needs.

In Woolly Thinking the author critiques trade union leader Sarah Woolley’s call to raise taxes on the rich and corporations in order to fund public services like housing, health, education, and a “just transition.” While she argues that the money already exists in society, the article contends that under capitalism, that wealth comes from surplus value created by workers — which capitalists then reinvest or hoard. Taxing profits would reduce incentives for reinvestment, likely leading to less job creation, lower wages, and a shrinking tax base. The piece warns that these reformist proposals misunderstand how capitalism fundamentally operates.

Articles taken from the November 2025 edition of The Socialist Standard.

https://www.worldsocialism.org/spgb/world-socialist-radio/




Socialist Sonnet No. 211

No…

 

‘No Irish, no Blacks, no Dogs’, set in quotes

From a world and a time long gone, or so

It might be presumed, or should it now go

None of those arriving in rubber boats?

Ballistics do not respect borders,

As poverty pays no heed to flags flown,

Changing climate means sea levels have grown

Dangerously high; by such disorders

People, not migrants, are forced to retreat,

To abandon homes, to cross stormy seas

Hoping for better, but no guarantees,

Somewhere fairness is the common conceit.

Meanwhile, politicians are none too slow

At taking advantage of saying, ‘NO!’

 

D. A.

Socialist Sonnet No. 211

No…

 

‘No Irish, no Blacks, no Dogs’, set in quotes

From a world and a time long gone, or so

It might be presumed, or should it now go

None of those arriving in rubber boats?

Ballistics do not respect borders,

As poverty pays no heed to flags flown,

Changing climate means sea levels have grown

Dangerously high; by such disorders

People, not migrants, are forced to retreat,

To abandon homes, to cross stormy seas

Hoping for better, but no guarantees,

Somewhere fairness is the common conceit.

Meanwhile, politicians are none too slow

At taking advantage of saying, ‘NO!’

 

D. A.

Forever blowing bubbles

 


On 18 November, the Financial Times told us that a Bank of America survey has found that a “majority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the artificial intelligence spending boom”.

The capitalist press is again revealing the accuracy of Marxian economic theory, which describes how capital will and must flow into industrial sectors with potential/actual relatively high profits. The end result will always be over-investment and an ensuing sectoral slump which, depending on circumstances, can turn into a world slump.

As the refrain goes, capitalism is “forever blowing bubbles, pretty bubbles in the air”. Except for us, the working class, the bubbles aren’t pretty at all!



https://www.worldsocialism.org/spgb/

World Socialist Radio – Capitalism All at Sea

 



Bonkers From Jib to Poop – Tales of Capitalism All at Sea
byThe Socialist Party of Great Britain

This is a talk that was given on 31 Oct 2025 on a general maritime theme. There’s no particular point being made, just some observations on a number of vaguely related news stories from earlier in the year.

World Socialist Radio is the official podcast of The Socialist Party of Great Britain. We have one single aim: the establishment of a society in which all productive resources – land, water, factories, transport, etc. – are taken into common ownership, and in which the sole motive for production is the fulfilment of human needs and wants.

https://www.worldsocialism.org/spgb/world-socialist-radio/


A world of slums

 

Over a billion people live in slums, an increase of more than a hundred million over twenty years.

This is mainly in Asia and Africa, with unplanned urban growth meaning that people often build their own poor-quality unsanitary homes. In south Asia and sub-Saharan Africa, around half of city-dwellers live in slums.

The real reason, though, is the massive inequality that marks this capitalist world, with so many having their lives disrupted and being forced to move to cities. Whether this is a result of war, climate change, economic problems or other causes, it shows clearly that the present global system cannot satisfy even the basic demands of much of the population.



https://www.worldsocialism.org/spgb/