Capitalist Lifeboats Will Come “At Some Point…”

The IMF reports that Greek incomes have dropped by about 10 per cent since 2010, hours worked have dropped by 7 per cent, and unemployment (especially youth unemployment) is skyrocketing.

That isn’t good enough for Greece’s lenders, who are looking to the Greek government to engineer a further direct assault on the country’s minimum wage, labour standards, pensions and collective bargaining with the aim of imposing a substantial further drop in income. Continue reading

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With Tenacity, Optimism, Militancy to Decisively Strengthen the KKE

Communist Party of Greece (KKE)

Aleka Papariga, General Secretary of the Central Committee of the KKE, held a press conference 18/4 on the enormous social issue of unemployment, which now affects every Greek family, as unemployment according to official statistics has surpassed 21%, while amongst young people it is over 50%.

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As A. Papariga stressed, in the election period the question of unemployment will be used by the other parties as a theatre piece, and they foster illusions that investments which support the profitability of capital will reduce unemployment and raise wages and pensions. The KKE has a unified proposal for struggle. Continue reading

Mobilize for Ontario Day of Action

Message from the Toronto and York Region Labour Council

Sid Ryan, President of the Ontario Federation of Labour

Premier McGuinty put banker Don Drummond in charge of recommending nearly 400 cuts to jobs and public services in Ontario. At a time when Ontarians are in desperate need of economic recovery, these cuts will jeopardize every aspect of society: from health care to full-day kindergarten to pensions. Continue reading

Guyanese Budget Allows for Further Social and Economic Expansion – More People Investments

People’s Progressive Party of Guyana

“One of the hallmarks of successive PPP/Civic Governments has been our steadfast commitment to investment in the social sector, reflecting our firm conviction that there is no investment more important than that made in our people.”

Those were the words of Finance Minister; Dr. Ashni Singh before he announced the 2012 allocations budgeted for the social sectors; whose very policies are designed with the Guyanese citizenry in mind.

President Bharrat Jagdeo Continue reading

Budget for the Rich, Not Workers

People’s Voice Editorial

The first Tory majority budget was delivered two days after this PV went to the printshop. But the outlines were hinted at for weeks by Conservative cabinet ministers. Like the rest of the capitalist world, Canada remains in a protracted economic crisis, and the working class will be forced to pay the price through austerity and war.

Of course, the Tories argue that their “responsible leadership” has left Canada in a relatively well-off position. Measured by the rebound in corporate profits and share prices since the 2008 meltdown, that may be true for the wealthy. But for the 1.5 million Canadians officially counted as jobless, or working people struggling to survive on low wages, or Aboriginal peoples who remain in dire poverty, there is no “recovery” or security.

Instead of tackling the serious problems of unemployment and poverty, the Tories are joining the global capitalist attack on pension eligibility. Instead of investing in desperately needed low-income housing and affordable child care, they pour billions of taxpayer dollars into prisons, cops, and military hardware. Rather than increase taxes on corporate profits, they download costs to the provinces as a way to artificially “reduce” the federal deficit.

Whenever the Harperites say that “everyone” must help to tackle the deficit, remember that Canada’s economic problems were created by big business and the wealthy – those who reap the benefits of lower taxes on profits and the highest income brackets. By “everyone”, they mean the workers who create the wealth of our society, but have no voice in determining the future of Canada. In our system, budgets are just another form of class war by the rich against the poor. More than ever, we need to build a powerful coalition of the working class and its allies to change course, to win policies for the needy, not the greedy!