Public meeting – build the fight against the Tories and for socialist polices

Public meeting – build the fight against the Tories and for socialist polices

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After the general election result, which shocked the Tories and the capitalist class, Theresa May is attempting to cling onto power by forming an unholy alliance with the Democratic Unionist Party. Jeremy Corbyn’s anti-austerity policies powered Labour to a 40% share of the vote – the Tories are rightly terrified that if they don’t keep power he could win an election. We need to step up the fight against them!

We are holding a public meeting on Tuesday 13th June to discuss the election and how we build the struggle against them. The meeting is at the Methodist Central Hall at 7.30. Please share and come along!

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Why young people should support Jeremy Corbyn

Why young people  should support Jeremy Corbyn

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Young people in Coventry protesting against Tory cuts to their future

We have received this article from Dan, a young worker and trade union member in Coventry


Jeremy Corbyn’s anti-austerity policies have inspired people across the country and around the world. Young people especially have been supportive of Jeremy’s ideas, attending rallies and campaigning for him in the general election. One poll suggests that 68% of people aged 18-24 will vote Labour, 52% ahead of the Tories!

So why should young people support Jeremy? Politicians have lied to us before, so many of us don’t trust a word any of them say. Nick Clegg said he’d scrap tuition fees – that pledge lasted about a week into his coalition with David Cameron and the Tories. But in this election we’re not being offered the Tories, Diet Tories and Tory Zero – there’s a clear choice between Theresa May and Jeremy Corbyn, and the policies they’re running on.

Jeremy wants to scrap tuition fees, abolish graduate debt and bring in a National Education Service – for free education for everyone, “from the cradle to the grave”. Compare that to what we have now – if you go to uni you could leave with £50 grand of debt round your neck! He also wants to scrap exploitative zero-hour contracts and increase the minimum wage to £10 an hour.

Corbyn’s policies have a lot to offer young people, and give a glimpse of what can be achieved by using some of the wealth in this country – the 6th richest country on earth. But we believe we need to go further to truly change our society, and fight for a socialist system. Rather than the chaos of the markets dictating what resources are available, that means taking the wealth off the 1%, taking the banks and big businesses into public ownership and running them democratically in the interests “of the many, not the few”.

Do you agree with Jeremy? Want to join the fight for socialism? Fill in the form below!

Corbyn surge leaves May weak and wobbly

Corbyn surge leaves May weak and wobbly

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Theresa May

A late surge in the polls for Jeremy Corbyn’s Labour has left the Tories and their friends in the mainstream media panicking about the prospect of a hung parliament – or even a Labour government. Theresa May has compounded the damage by refusing to debate Jeremy Corbyn and sending her hapless Home Secretary Amber Rudd instead.

Many polls are currently predicting a hung parliament, a far cry from the landslide majority May was anticipating when she gambled and called the election. David Cameron gambled on a referendum twice, and when it came to the EU referendum he was defeated by a working class rebellion – the same could happen to May.

Like rats leaving a sinking ship, one of the mouthpieces of the capitalist class, The Economist, has dropped support for May and switched to the Lib Dems – the “second eleven” of big business. Corbyn has rightly ruled out a deal with them or any other party.

With just days until the election, it’s “all to play for”. Socialists in Coventry have been out campaigning hard for Jeremy and his socialist policies, we have met many people enthused by this election and who want to join the fight for socialist change. In the next few days lets do everything we can to get the Tories out, and build a strong, combative movement for socialism.

The Socialist Party are holding a public meeting on Tuesday 13th June to discuss the outcome of the election, and how we can continue support for Jeremy Corbyn and build the campaign for socialist change.

It will take place at 7.30pm, Methodist Central Hall in the city centre

Fill in the form below for more information and to get involved!

​The election battle lines are drawn – the view from Nuneaton

​The election battle lines are drawn – the view from Nuneaton


We have received this article from a Socialist Party member in Nuneaton regarding the forthcoming general election. Readers may remember that Nuneaton was seen as a key marginal in the 2015 election.

The Labour and Conservative manifestos are hot off the printing press and for the first time in a number of years, there is a difference.

Both the Labour and Conservative manifesto offer a vision for Britain, one of society ran for the many and not the few, or one of continued austerity and misery for working class people but tax breaks for the rich.

This was clearly seen on The Andrew Marr Show recently, during a debate between John McDonnell and Damian Green. When discussing Labour’s proposed programme of what is in reality modest nationalisation, Green accused McDonnell of not understanding capitalism, McDonnell quipped back that clearly Green does as he had profited from the rip off that is our privatised water industry. Dead right John!

Whereas the Tories look at essential industries and just see avenues for profit and potential cash cows, Jeremy Corbyn sees essential services that should benefit everybody, be publicly ran, and not used to make a handful of people rich at the expense of the many.

However, the Labour manifesto, despite offering a change from the austerity politics of the Tories, and the austerity-lite policies of the Blair-Brown-Miliband years, falls short of providing a decisive break with capitalism, which we believe is the root of all our problems.

Labour’s plan to renationalise the railways, bringing back into public ownership rail services as current contracts expire, will still leave railways in the hands of private-profiteers for over a decade. The ‘nationalisation’ of the energy industry is a modest plan of setting up a publicly ran company to compete with the others, much like the plans for buss services. Although these are good steps, they fall short of the immediate, democratic nationalisation of key industries and still leave working class people to be exploited and forced to pay rip of prices for train tickets or choose between eating or heating.

Despite these plans being by historical standards very modest, they have been received by the right-wing press with mass hysteria. This is because the capitalist elite fear these modest gains for working people and fear the hopes that a Corbyn led government could give working class people. Whereas they have enjoyed 7 years of growth, with the wealth of the richest 1% of people increasing year on year- with a 14% increase last year alone according to the Sunday Times rich list the rest of us have faced falling living standards due to the cruel austerity politics of both the Tory-Lib Dem coalition and the current government. A Corbyn led government threatens to undermine this.

If given a taste of modest reforms under Corbyn, the ruling elites fear this could cause working class people to want more, which would threaten the vast amounts of wealth they have acquired while the rest of us have suffered. As the saying goes, “appetite grows with eating.”

Although Corbyn’s manifesto is modest, it offers an alternative way of doing things. Although the Socialist Party argues that Corbyn should be bolder, like Melenchon was during the French Presidential election, we back Corbyn and the change in direction he represents and are campaigning for a Corbyn victory.

Although we argue that Corbyn could be bolder with his policies and offer a break with capitalism, the battle lines of this election have been drawn and on election day we will have to choose which side we are on. Are you on the side of Corbyn and for a society that looks after the elderly, gives young people a chance at life with free education, ensures that more people are paid a wage they can live on with a £10hr minimum wage and seeks to change society to be run for the many and not the few? Or are you on the side of Tories and the wealthy elite, for continued austerity for us but tax cuts for wealthiest, for taking the food out of children’s mouths as free school meals are scrapped, or for the continued privatisation of the NHS?

However, whatever the result of the election, the battle for a fairer society and for socialism will still need to be fought. The Labour Party machine is still in the hands of the Blairites who seek to undermine Corbyn and the alternative he represents, especially in the West Midlands. There can be no more talk of ‘unity’ with these professional ‘Red Tories’ who have sought to take Labour back to the Blair-Mandelson days.

If you want to join this fight then stand with us, join the Socialist Party and get involved in the day to day campaigning we do. We support Corbyn and will be making the argument for a Corbyn-led government based on socialist policies.

Dave Nellist sets out support for Jeremy Corbyn in TUSC election broadcast

Dave Nellist sets out support for Jeremy Corbyn in TUSC election broadcast

Dave Nellist

Dave Nellist, National Chair of TUSC

The Trade Unionist and Socialist Coalition election broadcast was released today, featuring former Coventry Labour MP and Socialist Party councillor Dave Nellist. The video explains why TUSC is supporting Jeremy Corbyn’s anti-austerity programme in this election, and is not standing any candidates.

Please watch and share the video!

Want to support Corbyn and fight to change society? Join the Socialists!

Jeremy Corbyn supports a “Robin Hood Tax” – what do Socialists say?

Jeremy Corbyn supports a “Robin Hood Tax” – what do Socialists say? 

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The Robin Hood Tax – Getty Images

Labour have today pledged that they will introduce a “Robin Hood Tax” on financial transactions in the City that could bring in billions of pounds that could be used for public services. The Socialist Party supports increased taxation on the rich and welcomes this move. At the same time we argue that we need to go much further if we are to create the fair society that so many want to see. We are republishing this article below which was first carried in The Socialist newspaper in 2016. To create a truly fair society, we will need to break with capitalism in order to democratically plan the vast resources that exist in the interests of the majority of people, i.e. bring about socialist change. We hope this article is a contribution to the debate about how we can get the change that so many people need.


Fighting the great tax robbery: taxes and regulation or socialist nationalisation?

Tax avoidance has been in the headlines lately, provoking renewed call to tax the rich and big business. The Socialist Party campaigns for closing loopholes and increasing wealth and corporation taxes. But you can’t control what you don’t own: only socialist nationalisation can end the great tax robbery.

It is a time of seemingly never-ending austerity. Workers across the UK and the world are being forced to pick up the tab for a crisis caused by the capitalist system.

So the news that massive corporations are engaged in massive tax avoidance is a source of understandable bitterness and anger.

As previously reported in the Socialist, huge multinationals such as drugs firm AstraZeneca and telecom company Vodafone pay zero corporation tax in the UK. After a ‘sweetheart’ deal with the Tory cabinet, internet giant Google agreed to pay £130 million – just 2.8% of its profit.

Little wonder people are up in arms when the government says there is no money for libraries, play centres, vital public services or pay rises.

HMRC

With government credibility already shot to pieces regarding its ‘all in it together’ slogan, the Tories have continued to make swingeing cuts to HM Revenue and Customs. The ability to collect tax has been weakened further.

In an illustration of how the balance has shifted towards giving big business an easy ride, the rate of corporation tax in the UK in 1981 was over 50%. It is 20% in 2016!

It is no surprise that demands for the rich to pay their share are gaining ground. People see the increase in the gap between rich and poor in their everyday experience. This has been a large part of the rise of the likes of Jeremy Corbyn in the UK and Bernie Sanders in the United States. People are looking for answers to the crisis that they see around them.

For example, the website of the Sanders campaign states that, if elected, he would start by “demanding that the wealthy and large corporations pay their fair share in taxes. As president, Senator Sanders will stop corporations from shifting their profits and jobs overseas to avoid paying US income taxes.

“He will create a progressive estate tax on the top 0.3% of Americans who inherit more than $3.5 million. He will also enact a tax on Wall Street speculators who caused millions of Americans to lose their jobs, homes, and life savings.”

Here in the UK, the fact that we have a Labour leader prepared even to talk about rising inequality, and say ordinary people shouldn’t foot the bill for the crisis, is an important step forward. Arch-Blairite Peter Mandelson, architect of New Labour, famously declared his party was “intensely relaxed about people getting filthy rich.”

In his campaign for the Labour leadership last year, Jeremy Corbyn set out his economic vision in the document ‘The Economy in 2020’. He sets out some laudable aims. These include collecting £120 billion of avoided and evaded tax, creating a system where the rich pay more (the rate is not specified), and creating a “level playing field” between small and big businesses.

Demands for the rich to pay their taxes, and proposals like a ‘Robin Hood’ tax on big finance institutions’ transactions, are not new. In fact, for most of Labour’s history – not including the Blair-Brown New Labour years – they were common currency. These ideas have recently made a partial comeback through the publicity work of groups like 38 Degrees and the Tax Justice Network, as well as being raised by Jeremy Corbyn.

The Socialist Party supports many of the measures he proposes, but are they enough to solve the crisis for working class people?

Recent events in France show once again that, whatever the intentions, taxing the super-rich is not a straightforward question.

François Hollande of the Parti Socialiste (equivalent of the Labour Party) promised higher taxes on the super-rich during his 2012 election campaign. He pledged to tax incomes over €1 million at 75%.

Under pressure from the capitalist class, in practice he reduced this to 50%, before dropping the policy altogether. High earners were threatening to leave the country – and take their wealth with them.

According to reports from the French finance ministry, Hollande’s increase only brought in the relatively small sums of €260 million in 2013 and €160 million in 2014. This was in relation to a budget deficit at that time of €84.7 billion!

ENFORCING

No doubt a firmer stand on the rate, closing loopholes and enforcing collection could have improved these figures. Certainly they in no way mean we oppose higher income taxes on the super-rich.

A genuine socialist government would combine such measures with taking democratic control of all imports and exports. This means enforcing a state monopoly of foreign trade and exchange, including movements of capital, with democratic control of all imports and exports. That would prevent the tiny super-rich elite from trying to flee the country with their plunder.

What about the corporations? In Britain, around 150 big companies control the majority of economic activity. Surely, you might say, we can tax them further?

Yes, is the answer. Substantially increasing both income tax for the rich and corporation tax for big business could, if actually implemented, provide enough money to reverse all cuts to public services, increase public sector workers’ pay, and a lot more. However, as long as we live in a capitalist society, where wealth and power are concentrated in the hands of the 1%, they will use all means at their disposal to avoid handing over even a penny of what they’ve got.

The experience of Syriza in Greece shows that half-measures – or more accurately, quarter-measures – can lead to a situation where a left party ends up implementing brutal capitalist austerity.

Even if such governments succeed in redistributing some of the wealth controlled by big business, that is not the end of the story. Britain’s 1945 Labour government created the welfare state and operated far greater taxation and regulation than today’s establishment parties. But over the following decades, the capitalists took every opportunity to claw those gains back.

In Chile and Venezuela in the 20th century, left governments even faced mass sabotage by capitalists. ‘Why supply goods and services,’ they reasoned, ‘for countries that won’t even let us keep most of the profits?’

The clear answer to companies that threaten closures, job losses or sabotage is to take them into public ownership.

As Karl Marx, scientific socialism’s founding thinker, put it in his ‘Critique of the Gotha Programme’:

“The capitalist mode of production, for example, rests on the fact that the material conditions of production are in the hands of non-workers in the form of property in capital and land…. If the elements of production are so distributed, then the present-day distribution of the means of consumption results automatically.

“If the material conditions of production are the co-operative property of the workers themselves, then there likewise results a distribution of the means of consumption different from the present one.”

Marx’s words, despite being written in 1875, are totally relevant today. You can’t plan what you don’t control, and you can’t control what you don’t own.

The mass inequality we see is a logical consequence of the capitalist system, whereby wealth production is owned and controlled by a tiny minority in its own interests. Year on year the wealth gap is widening further as the capitalists react to economic stagnation and crises by making the working class pay.

NEOLIBERAL

Neoliberal economic commentators suggest that taxes should be cut to entice more wealth into the country and encourage businesses activity. But the so-called ‘trickle down’ approach has only ever achieved the opposite, as is clearly the case today.

What is needed is a genuine, full, socialist programme. This means breaking the power of the capitalists – by nationalising not only the banks, financial institutions, plus companies threatening job losses and so on – but all the big corporations which control the majority of economic activity.

A publicly owned economy, under the democratic control and management of workers, could actually start to plan production in the interests of the 99%.

FIGHT FOR BOLD SOCIALIST POLICIES: TAKE THE WEALTH OFF THE 1%!

  • Reverse all cuts to HM Revenue and Customs – collect the uncollected tax, and increase taxes on the super-rich and big business
  • Nationalise the banks, top 150 corporations and tax avoiders under the democratic control and management of workers and service users. Compensation only to be paid on the basis of proven need
  • For a socialist, democratically planned economy to meet the needs of all, not make obscene profits for a few

Agree with us? Help us build a movement for bold Socialist policies! Fill in the form below

A tale of two events – Gordon Brown and Jeremy Corbyn

A tale of two events – Gordon Brown and Jeremy Corbyn 

Former British Prime Minister Gordon Brown stands in front of a Jump Jet Harrier fighter plane as he addresses Labour supporters at a rally in the Engineering Building of Coventry University

Gordon Brown

Former New Labour Prime Minister and Chancellor Gordon Brown spoke in Coventry today at an event organised by West Midlands Labour Party. The event stood in stark contrast to the 500 strong public street rally where Jeremy Corbyn spoke in Leamington Spa earlier in the week.

Brown spoke to a closed meeting of Labour Party members and media only audience that required ID to attend! In Leamington police had to close roads in the town to allow people to hear Jeremy speak due to the huge numbers gathering, while police and security surrounded the building where Brown spoke, was this to keep people out?

Brown was here to speak about protecting manufacturing jobs in Coventry and the UK. While Thatcher and the Tories began the slow destruction of car manufacturing in Coventry, New Labour under Blair and Brown continued it. There was no mention of the closures of Jaguar, Ryton or Massey Fergusons among many other closures under New Labour – or these interesting figures from Coventry and Warwickshire councils:

“Manufacturing: significant decline of 42,360 jobs in total over the ten period (1998-2008). The largest element of this decline was in the manufacturing of motor vehicles (-14,400 jobs, mostly in Coventry and Solihull); manufacturing of fabricated metals (-6,900, mostly in Warwickshire); and the manufacturing of machinery & equipment (- 5,030, mostly in Coventry).”

In speeches that lasted around an hour neither Brown nor Geoffrey Robinson even managed to mention Jeremy Corbyn, his policies, or winning a Labour government. Instead the focus was on electing local MPs to “stand up” to Theresa May and get her to “change her policies”. This is yet another demonstration of the failure of the Labour right which could harm the prospects of Jeremy being elected. Wherever Jeremy speaks, hundreds or even thousands come out to hear him often at very short notice.

The anti-austerity policies that he is putting forward inspire and enthuse people. This is the way to win support, not the tired methods of the Labour right which paved the way for the defeat in the recent mayoral election.