Interests of a Few Can’t be Allowed to Rule Us

The unedited version here, or enlarge the picture for the original.

Those of us seeking to further the interests of working class people should keep a close eye on what the ruling classes are doing. Once every year, the world’s billionaires and their toady hangers-on meet together, parking record numbers of private jets on the tarmac outside Davos, Switzerland. The World Economic Forum. They’re there now.
Trump is attending, with the largest and richest-ever “Team USA” following-on as the Emperor’s entourage. The great pretender, Nigel Farage is also there, pretending to be part of the elite he derided only last year as a “gathering of the globalists”. He wants to offer his services.
Let’s breathe for a moment. In a world of nearly nine billion human beings, fewer than 60,000 people own and control most wealth in the world. 0.001% of the world’s population control three times as much wealth as the 4,000,000,000 bottom half of humanity.
They’re coming together at the Swiss Alps resort to discuss how to further carve-up the world’s wealth between themselves. Their deliberations have more power and impact on every one of us than all the fluff and nonsense of every parliament. The People’s democracies have very little influence upon the real decisions made inside the corporate boardrooms across the continents.
Fifteen of the world’s richest exploiters are American. Musk has a personal wealth of $682billion (a billion is a thousand million), Bezos only $260BN, nine of the ten richest making their money in the technology business. Clearly we pay far too much for tech.
But they have problems. The world’s economy is in a deep crisis of debt and inequality. The climate crisis is documented, with dire medium-term economic consequences. So the rich aren’t investing in anything that doesn’t make a short-term hefty profit. Most of that private accumulation comes from gambling on projected future prices in an era of catastrophe. The immediate task is to raise prices to us as high as possible whilst cutting the wage and welfare bills to the lowest.
And so the Bosses compete against each other for ownership of lands and workers. The big corporations have real power but this is no world conspiracy – they’re all in competition against each other, undermining all planning and subject to the anarchy of the Capitalist System. When they come together at Davos they smile and shake hands, laughing all the time with a knife ready behind their backs, doing deals and hostile takeovers. They hold their pet politicians in tow ready to change laws to keep their scams legal.
Posturing over regional influence, possession and wealth extraction, such as over Greenland, is happening alongside who can afford the $1BN to sit on Trump’s “Board of Peace” with war criminals Blair and Rubio. Carving-up the Middle East and carving-out the Palestinians, profiteering from genocide, is symbolic of the rabid clawing for power and resources. The certainties of global “rules-based order” has broken down and the Nations attached to the big corporations are preparing for “geoeconomic confrontation”. War!
This week they will headline a “Spirit of Dialogue” whilst bitterly negotiating their competing interests over Venezuela, Gaza, Sudan, Ukraine, Taiwan, Iran and Greenland. Davos replaces the United Nations for a week. They will not let democracy stand in their way.
As a band of warring brothers, a giant corrupt cartel, the Capitalist’s common enemy is us. The Rich fear the potential power of the working class. The Mass Strike and revolution from below is their greatest foe.
The Big Bosses work together to keep us in our place. In this fevered era of instability they are turning away from democracy and towards autocracy, ready to allow military conflict and fascism to prevent revolt and protect their wealth and power.
The billionaires are living in a bubble, and they know it. The absurd scale of $trillions of cryptocurrency investment in Artificial Intelligence cannot be sustained and will crash, hurting a few of them but destroying entire social economies and hundreds of millions of our jobs and lives. Investment in arms manufacture and the military suck tax cash out of social welfare. The rent and mortgage rate increases – the cause of the international housing crisis – is mirroring the investment bubble that led to the global financial crash of 2008 for which we’re all still paying. Enforced austerity is intensifying discontent.
Workers’ real spending-power is lower today than it was in 2008. The spending-power of the average full-time worker is 25% less than in late 2021. Their corruption screwed us for decades. It’s gonna happen again, but worse.
The super-rich know all this. Their champagne-fuelled seminars in Davos may publicly play-down the scale of the global crisis, but in the back rooms the real wheeler-dealers are drawing-up the blueprints for a refreshed Bosses offensive, ever-intensifying the exploitation of the working classes, by force. They will continue the accelerating descent into war and barbarism. The super-rich must be stopped by the collective power of the international working class!

Screenshot

We in the UK have to take Trump Seriously

My Weekly Comment column in the daily Plymouth Herald (28.2.25), delayed from its usual Tuesday slot for “technical reasons”, allowing for a Comment Column from the editor supporting more war with Russia, and then a military person writing on the need for emergency weapons production. Last week’s column was stopped by the editor, my call for peace being identified as similar to “seeking to appease Hitler” (ie Putin).
Last week I warned of Europe promoting world war three against Russia. Today my weaker and compromised column warns only of Trump, not NATO and Starmer. Bizarrely, by the evening of the 28th, Trump had been broadcast across the world bullying and condemning Zelenskyy to his face in the Oval Office.
So when Trump spoke again of World War Three I kinda feel vindicated, while wishing I’d argued harder and stuck to my guns. I should have learnt by now – don’t compromise!

This week’s column:

We have to take Trump seriously. However you wish to caricature, disparage or mock him, Trump is at the head of a very powerful cabal, an administration that has well-formed and long-prepared plans from a coherent ideological framework.
The Trump administration has at its heart, far-right nationalism, separate from the Project for New American Century of the 1990’s. It is not a set of policies opposed to war, reference Iraq and Afghanistan, but rather focussed upon the benefit of any war to the United States plc.
Any presentation of Trump as a peacemaker must be considered in this regard – what benefits do his group within the American ruling class secure through any conflict or peace deal? This is not particularly a question of likes and dislikes, just what’s in it for the US corporations. Trumpism offers nothing to the working classes of the USA or anywhere else.
At this juncture, the acknowledgement of the third year of war in Ukraine, the Trumpian propaganda surrounding a peace deal can be falsely considered as an alliance with Putin or abandonment of Ukraine. Rather it is a negotiating platform. The USA has given more than $100billion to Ukraine to fund the war, plus Musk’s Starlink satellite communication systems and much else of the essential military infrastructure, and Trump wants to see a return on the investment.
Trump has said he wants the mineral wealth of Ukraine in return for continued provision of arms. This is not to be condoned, but is not the same as abandonment. It is possible to imagine deals that ensure new military investment. It is also possible to imagine European countries stepping-up to take-over from the USA, from much of the same motive were they able to afford it. The current economic stagnation makes rearmament a very long-term project.
Trump says his country is shielded by a beautiful ocean, the Atlantic, making Russia, a much smaller economy than the USA, of little or no threat to him. By contrast, America’s corporate core recognises China as a very present threat, economically and culturally across the world, and potentially militarily across the Pacific.
Making America Great Again means pushing back against China and its BRICS alliance. Europe will have to deal with Russia.
So where does Britain stand? It is not difficult to perceive of the UK as tThe USA’s 51st State. We are heavily dominated by US culture and military alliance despite having far fewer economic ties than would at first appear.
Prime Minister Starmer’s audience with the President this week should expose his country’s political dependence on the USA, Trump’s nationalism notwithstanding. And for this, Starmer will step-up as America’s watchdog in Europe, bragging to replace the armaments of the US with those of the UK and challenging Europe to do the same.
Starmer has already pledged an increase in UK military spending from 2.3 to 2.5% of GDP, the highest in Europe, representing an extra £3bn in the past year. The coming Strategic Defence Review will map increased investment in weaponry and soldiers towards the pie-in-the-sky “ideal” of 3% of GDP, despite high borrowing and crumbling social infrastructure.
Doing Trump’s bidding will come at a huge cost to our health service, housing stock, welfare benefits, transport systems and green energy transition. The expansion of the UK’s military-industrial complex, much already ownedd by US corporations, will not reflate our economy as a whole, just one section that is already enjoying record profits from tax-moneys.
The USA pulling-back from Ukraine will have heavy political and economic consequences for European countries, a situation to the benefit of the USA that has long wanted to curb the economic power of the continent. And politically, the accelerated rise of the far-Right here, feeding off the rise in poverty and insecurity, will encourage support for the Trumpian rhetoric, itself so two-faced in its true intention.
Some praise Trump for his transactional approach to power in a Capitalist world. His is an example of how Capitalism actually functions – as a constant competition between combatants, seeking to make offers that cannot be refused or actual hostile takeovers. Gangsters and the organised criminal gangs learnt all they know from the legitimate corporate players.
The challenge is this. If you oppose Trump you have to firstly oppose those with power in the UK who support him, and those he supports. The Trump administration is dominating a period going forward in which they can wield enormous power and impact across the world. They must be stopped.

The Time has Come to Revolt Against Inequality!

The idea of One Nation is absurd. We live in a class society, layers upon layers of strata, of groupings, based upon wealth and power. Britain’s Capitalist class is one of the very richest in the world, and three times as rich as 15 years ago.

This is why we have political groups, Parties, purporting to represent the interests of each of the competing classes. Democracy is meant to replace open conflict by representing the tensions through debate in Parliament and local Councils, right down to neighbourhood forums

These structures are weaker now, wielding less representation of the people and demanding less accountability of those with power than anytime in the last eighty years. The adoption of free market economics, replacing the post-war mixed economy with overt competition and privatisation, has led all Parliamentary parties to value growth in profitability over social infrastructure. That’s the basis of the common political sense that “they’re all the same”. Politicians all subscribe to neoliberalism.

There are a range of very good reasons as to why most people have little faith in politicians. In recent years it has become apparent that government policies are more based upon the influence from corporate lobby groups than the People. 

It is the owners of big business who are actually in control, Parliament no longer offering even a mediating role between the needs of the bosses and the needs of the workers. 

Protection of corporate profits is now the observable purpose of government, the success rate proven by the record profits of the biggest lobbyists – banks, fossil fuels, supermarkets and arms manufacturers.

The end result is more akin to a nation of citizens and slaves than universal suffrage. The wealth is so accumulated into primarily the top 1% and minimally to the next 30%, that the bottom 70% of those in the UK have a a sliding scale of disposable income, no chance of accumulating real wealth, and a diminishing say in society. The bottom 50% (over 30 million of us), are without any honest representation or wherewithal independent of our week-by-week wage.

Last week’s budget was a stark illustration of this. A government preaching to its core supporters, giving away more tax money to the super-rich whilst trickling some crumbs to its voter-base, the formal opposition party barely disagreeing with that general political approach.

The result. Political spin and bluster on the one hand, more unending Austerity on the other.

The headline cut of another 2p in the £ off National Insurance will benefit higher earners the most: someone on £50,000 a year will save £1,310 — five times more than a worker on £20,000 and 15 times more than somebody on £15,000. It will cost the Treasury an extra £10 billion a year that could have been earmarked for State schools and the National Health Service.

But the frozen tax thresholds will actually mean those on a salary io £25,000 a year will take home £20 less a month. The tax allowance freeze disproportionately impacts the poorest workers because a larger proportion our income being taxed, our wages being low and insufficient. Similarly, pensioners with a small employment pension (they’re mostly very small) will pay more tax.

The pre-election government propaganda was a complete lie, the Chancellor shouting “Lower Taxes” pretending to help hard working people whilst actually giving handouts for bosses and the rich. Hunt increased the VAT tax threshold for small businesses from £80,000 to £90,000 and reduced the higher tax rate on property capital gains—the amount you make from selling property—from 28 percent to 24 percent.

This means more money for bosses and for rich people with big houses at the expense of all the essential services that the working classes rely upon.

The Budget announced huge public spending cuts – £20 billion in cuts by 2028, according to the Institute of Fiscal Studies. Health & Education will see 1% above inflation increases, not matching the increase in need. Public transport, universities and councils will all see devastating new austerity measures, on top of the past fourteen years of Austerity.

Successive governments have stolen, yes, held back and clawed back, some 65% of council funding compared with twenty years ago. Local services – essential services – have been slashed, those that can make a profit sold-off, the rest devastated or demolished completely. 

We have local Councils going bankrupt and forced to raise taxes, a health crisis, a housing crisis, a crisis of our children’s nutrition and mental health, a cost-of-living crisis engineered to maximise the living standards of the richest.

Working class people are not stupid. We see and understand what’s happening. And we know when we’re being lied to. In advance of the general election, few believe it will result in the fundamental changes needed for improvements to the conditions of the mass of the working class. In historical periods of such lack of trust in our leaders there is usually revolt, sparked by the experiences of inequality and injustice. Now is that time.