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(en) Workers Solidarity #77 - That's Capitalism

From Worker <a-infos-en@ainfos.ca>
Date Thu, 25 Sep 2003 07:32:35 +0200 (CEST)

A - I N F O S N E W S S E R V I C E
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In Britain the 'Effects of Taxes and Benefits on Household
Income' report revealed that, under Thatcher, 1979-90, the fifth of
the population with the lowest incomes had their share of post-tax
national income cut from 10% to just 6%. The richest fifth
increased their share of post-tax national income from 37% to 5%.
Things got a little better under Major. But under Labour to 2001-02
inequality again increased. The share of the bottom fifth slipped
back to 6%, while the top fifths share moved up to 46%. The rich
are getting richer while the poor get poorer.

While the average-paid have had increases of 3-4% in recent
years, Britain's highest paid executives had salary increases of
21% in 2000, 19% in 2001, and 16% in 2002. Inland Revenue
statistics show that 150,000 highly paid directors and others with
earnings over £50,000 a year enjoyed additional fringe benefits
worth an average £10,880 each. The company car etc benefits,
amounts to £7,800 a director on average which is nearly twice
what a pensioner has to live on.

"I spent 33 years in the Marines. Most of my time being a
high-class muscle man for Big business, for Wall Street and the
bankers. In short, I was a racketeer for capitalism. . . . I helped in
the rape of half a dozen Central American republics for the benefit
of Wall Street."
General Smedley D. Butler, U.S. Marine Corps

¤25 million worth of "community service"

We are told, usually by the councillors themselves, that running
for election to the local council is matter of "community service".
They want to "give something back to the community". Yet local
councillors across the 26 counties claimed a total of more than
¤25m in "expenses and allowances" last year.

229 of them collected more than ¤40,000 each, while 54
collected more than ¤50,000. The highest earner was Fianna
Fail's Jimmy Maloney, a councillor in Mayo, who picked up more
than ¤75,000 in 2002.

The Labour Party's Paula Desmond, in Cork, received more than
¤74,600, while Fianna Fail's Francis Conaghan, in Donegal,
collected ¤69,255. Kerry councillor Paul O'Donoghue (FF), a
brother of Tourism Minister John O'Donoghue, also received more
than ¤68,600.

Now that's a lot of traveling to meetings!

This page is from the print version of the
Irish Anarchist paper 'Workers Solidarity'.

Print out the PDF file of this issue

Print out the PDF file of the most recent issue

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