Thursday, October 16, 2008

Economic Crisis. Who suffers?

With the World Economic crisis biting harder than ever the full effects are being felt in the UK giving the prospect of a miserable Christmas for millions of workers. Meanwhile it seems that Gordon Brown is strutting around the world stage being portrayed as the saviour of capitalism. Only Sarkozy the French PM seems to be upsetting the party by claiming it’s his initiatives that are being adopted. The cynic in me says that the measures taken are too little too late for world capitalism and it will take many, many years for any kind of economic stability. Meanwhile the small group of people shouldering the most responsibility for this crisis, the capitalist class, will be the most visible as the class least affected by any recession as they continue to spend their profits oblivious to the plight of the class that made it for them.

Time really for the debate for real political change. That debate can only take place in the Trade Unions and the Labour Party. We can celebrate the death of Thatcherism ("an ideology based on class hatred") as in the article by John Wight in todays Morning Star but we must hurriedly start digging the grave for her bastard son New Labourism.

We must also make sure our affiliated unions put pressure without any hnit of prejudice on the Labour leadership to enforce policies that will in the first place help workers thrown into dole poverty through no fault of their own and to replace this bankrupt system with irreplaceable socialist change.

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