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(en) Britain, Brighton Solfed* - The recession is here

Date Mon, 03 Nov 2008 07:43:51 +0200

The recession is here. We're told to tighten our belts and brace ourselves for
redundancies, wage and service cuts. Politicians and 'business leaders' are
united in saying we should pay for a crisis not of our making. ---- So who is to
blame? Pinning the blame on greedy bankers or a few bad apples lets the real
culprits off the hook. This is not just a financial crisis, but a crisis of the
whole economy in which the whole business and political class is fully
implicated. ---- Boom and bust is as much a fact of the economy as getting up
for work in the morning. During the boom we were told to sit tight and wait for
the 'trickle down' of wealth. Low wages boosted profits, but hit consumer
spending and economic growth. The 'answer' was cheap consumer credit.

Now the credit bubble has burst, politicians have the cheek to blame us for
'spending beyond our means.' This was their policy to try and cheat the boom and
bust cycle, and they expect us to pay. Just think how many billions are
available at the drop of a hat to bail-out the banks with nationalisations, when
we’re told our demands for wage rises or better public services are always

They look out for their own, and we have to too. It's clear the real division
isn't between private and state ownership, but between the needs of ordinary
people and the needs of the economy. The only way we can make sure we aren't
made to pay is to organise amongst ourselves -job and wage cuts should be met
with strikes, cuts to public services should be met with anger in the streets -
we won't pay for their crisis!
* anarcho-Syndicalist federation
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