Monday, 20 October 2014


We hear every day in the papers and on TV that, “there is no money”.

They say, “we can’t afford public services”; that we must, "cut back”; we must, "balance the books” ... etc, etc, etc.

New Labour’s manifesto for next May will be couched entirely in these terms. “There is only so much we can do, because the country has no money."

But our claim, which we make loudly and without apology, is that THERE'S PLENTY OF MONEY! But the wrong people have control of it!

We know it's not in the pockets of the people of Croydon (or Sutton). But when it comes to corporations, they are AWASH WITH CASH! - cash which should be put to work delivering a better place for all to live!

To say we can’t afford more and better public services, more and better housing and well-paid jobs, is the foulest deceit!

The Guardian radical journalist, Owen Jones, whilst still hankering (unbelievably) for “New Labour”, pointed out recently that, "the richest 1,000 people in the country have doubled their wealth to £519 billion”. This is as much as the annual earnings of two-thirds of the British workforce!

FTSE100 chief executives (those of the biggest firms) are being paid an average of £4.7m a year, that’s almost £13,000 a day. They “earn" 170 times as much as the average worker.

And the UK’s richest five families have as much wealth as the poorest 20% of the population!

Read those paragraphs again. Jot down the numbers. It's frankly barmy in the light of this to claim that “we” have no money!  Unless…  Unless you have a political reason for wanting to make that claim ...

There will be more on this. We will show how a democratic socialist government can mobilise the resources of the country in a way that will benefit the interests of the vast majority.

Watch this space.


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