British Politics - Socialist Action

Economic stagnation underlines error of Labour policy retreat

26th January 2012 Socialist Action 0

By James Wilkins

The latest economic figures showing that the British economy shrank in the last quarter of 2011 underlines the damage that Tory economic policy is causing – both to growth and living standards. A clear alternative to its ‘austerity’ policies is needed, but the Labour front bench’s recent further capitulation to the Tory economic framework weakens both the struggle for such an alternative and its own electoral position.

Labour falls sharply in polls after accepting Tory austerity

24th January 2012 Socialist Action 0

By Stephen MacAvoy

On 13 January Ed Balls, previewing a speech to the Fabians, launched a new Labour policy – that Labour supported the Tory-led governments public sector pay freeze and it would start from a baseline of maintaining Tory cuts.

Uniting the 99 per cent

30th November 2011 Socialist Action 0

By Andrew Williams

The Occupy movement, which has spread from Wall Street across the developed world, with a dynamic presence in London, marks a new wave of radicalisation in response to the global financial crisis. Its combination of radical forms of protest and a hegemonic political approach – for the 99 per cent – is a positive contribution to the opposition to austerity.

Across North America and Europe, governments are carrying out policies that hit the living standards of the majority of people, in order to increase profits and bail out failing banks. This is meeting an inevitable rise in discontent, but also a political fight over how this disaffection is expressed.

Investment not cuts

29th November 2011 Socialist Action 0

By Stephen MacAvoy

Falling real wages, record youth unemployment and collapsing living standards are not by-products but the aim of Tory economic strategy.

Support the TUC Day of Action for pensions justice on 30 November

28th November 2011 Socialist Action 0

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Occupy London: highlighting capitalism’s offensive against the 99 per cent

10th November 2011 Socialist Action 0

By Andrew Williams

Occupy London Stock Exchange (Occupy LSX), in just three weeks, has demonstrated it is an effective dynamic new movement, driving forward a progressive campaign opposing the current assault on the population’s living standards.

Several hundred people are participating and have set up tents for a continuous vigil at the heart of Britain’s principal financial centre. They are taking inspiration from the global movement that has been occupying public spaces in over 900 cities since the Wall Street protest started seven weeks ago.