The unions’ fight back against the attacks on living standards, have extended into this year.
Labour movement and other progressive activists should step up their activity in support of this growing anti-austerity struggle.
Cost of living crisis
Protests against austerity
Saturday 12 February
NEF analysis shows a fall in living standards for the lowest paid half of the population, and a big increase in incomes for the top 5% of earners. On this evidence, the point that austerity has never gone away is irrefutable. The government clearly has an interest in misleading the population on this point.
The government and its allies have launched a huge attack on living standards, accompanied by a major propaganda offensive that wages are rising sharply.
The government of an advanced industrialised country may choose to engineer a sharp rise in unemployment in an attempt to restore profitability, or it may choose to try to cut wages. But both stratagems entail high risk. Combining the two is exceptionally high risk. Under the cloak of the public health crisis which their own policies have helped to create, the current government is attempting such a strategy.
The British ruling class is gearing up for an enormous offensive, compelled by the logic of capitalism itself.
The working class and its allies need to be prepared for the coming onslaught.
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