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Writer's pictureSocialist Labour Party

Socialist Labour Party Press Release on the Financial Crisis

Updated: Oct 13, 2022


SOCIALIST LABOUR PARTY PRESS STATEMENT

HOW TO RESOLVE IN THE SHORT TERM THE FINANCIAL CRISIS




1. SCRAP TRIDENT

- THE CURRENT CRISIS CAN BE RESOLVED BY SCRAPPING THE REPLACEMENT OF

TRIDENT NUCLEAR WEAPONS SYSTEM AND ITS ONGOING COSTS, A POLICY WHICH WILL COST BETWEEN £250 and £350 billion more than enough. Use that saving on our NATIONAL HEALTH SYSTEM, our EDUCATION SYSTEM, CARE HOMES AND PAY WAGES WILL PAY DECENT WAGES AT LEAST EQUAL TO THE INCREASE IN THE ANNUAL RETAIL PRICES (RPI)


2. PUBLIC OWNERSHIP

- IN ADDITION TAKE BACK ALL INDUSTRIES AND SERVICES INTO PUBLIC OWNERSHIP

WITHOUT PAYING A PENNY TO ANY OF THE PRIVATISATIONS WHICH HAVE WRECKED

OUR RAIL INDUSTRY, AND OUR COAL INDUSTRY (If it had not been closed we would not have had an energy crisis!) GOVERNMENTS PRIVATISED OUR WATER SYSTEM. THE PRIVATISED PHARMACEUTICAL SECTOR SHOULD BE IN THE HANDS OF THE PEOPLE AND NOT IN THE THOSE OF THE UNITED STATES MULTINATIONAL COMPANIES.


3. FAIR TAX SYSTEM

- WE NEED A TAX SYSTEM WHERE ANYONE BELOW £30,000 would pay no tax. An income of between £30,000 and £50,000 - 30%; between £50,000 and £80,000 - 40%; between £80,000 and £100,000 - 50%; between £100,000 and £200,000 - 75%; between £200,000 and £300,000 - 80%; any income above £300,000 - 90%.


4. SUPPLY OUR OWN INDUSTRIES AND FOOD PRODUCTION

- We should build our own cars, aircraft, heavy and light engineering, grow our own food with our own workers who should be paid an average wage. Don’t say we can’t do it. We did it during the second war and we did it for years after, YES AND WE DID IT UNTIL WE WERE SUCKED INTO THE EUROPEAN ECONOMIC COMMUNITY (EEC, later to become the European Union) controlled by UNELECTED BUREAUCRATS and INTO NATO WHO ARE RESPONSIBLE, TOGETHER WITH THE USA, FOR DETERMINING WHICH COUNTRIES THEY LIKE AND THOSE THEY DO NOT.


5. WAR IN THE UKRAINE

- THE UK AS PART OF NATO WERE RESPONSIBLE FOR THE CONFLICT IN UKRAINE, IN CONTRAVENTION OF AN AGREEMENT CONCLUDED BETWEEN JAMES BAKER, THE USA SECRETARY OF STATE AND GORBACHEV the Leader of the Soviet Union. NATO SAYS A COUNTRY HAS A RIGHT TO SELF DETERMINATION. How do they explain why they do not implement sanctions on ISRAEL WHO HAVE OCCUPIED PALESTINE UNLAWFULLY SINCE 1967 or the USA WHO OCCUPY PART OF CUBA AND WHO TOOK THE UK INTO AN UNLAWFUL WAR AGAINST IRAQ which cost over a million lives, including British and American. Why no SANCTIONS AGAINST GREAT BRITAIN FOR ITS OCCUPATION OF PART OF IRELAND?


Socialist Labour Party 12/10/2022






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6 Comments


louiswalsh1968
Oct 22, 2022

I'm probably going to get some stick for what I've written but I don't care.


I'm writing from a perspective of wanting the best for a socialist led Gov't and this press statement appears damaging to me.


If what I've said is off the mark and I'm being a daft idiot then please educate me.


1. SCRAP TRIDENT


- THE CURRENT CRISIS CAN BE RESOLVED BY SCRAPPING THE REPLACEMENT OF

TRIDENT NUCLEAR WEAPONS SYSTEM AND ITS ONGOING COSTS, A POLICY WHICH WILL COST BETWEEN £250 and £350 billion more than enough. Use that saving on our NATIONAL HEALTH SYSTEM, our EDUCATION SYSTEM, CARE HOMES AND PAY WAGES WILL PAY DECENT WAGES AT LEAST EQUAL TO THE INCREASE IN THE ANNUAL…


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james.mcdaid4
Oct 22, 2022
Replying to

Hi Louis, a short response to what you have asked/written.


The SLP is for unilateral nuclear disarmament. Nuclear weapons offer no defence, to ever use them would mean the utter destruction of this country and probably the whole world. This is over and above their massive financial cost - huge sums that as the statement points out could be put to positive use benefitting society. This is a position based on principle as well as financial common sense.

As far as the tax proposal is concerned it is only income over each threshold that is taxed at each progressively higher rate. So using your example the individual earning £101,000 would pay 75% on the last £1000 only.


The point about…


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justimax
Oct 12, 2022

we need "communities of resistance" as Sivanandan recommended, with clear promotion of socialism. If Mr Trump can raise the issue of an "obsolete" and ruinously expensive NATO, why shouldn't we ? UK people do not want war, nor the wrecking of hope through the war-mongering of our industrial-military complex . As usual, the Tory Party ,with its "loyal opposition" pushes the hysteria button whenever "defence" or "security" comes up, and quietly gets on with dismantling welfare including the NHS. This statement gives a frame to SLP solutions to some of the working people's current difficulties and,crucially, suggests that action must be based on collective work.

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davidjaldred
Oct 12, 2022

I am in agreement with all these policies. I would just like to say, however, that politics is all about making compromises, so as long as we fight for these policies yet remain aware that they might not all pass through the grinder of public opinion, I'm happy.

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louiswalsh1968
Oct 12, 2022

I think anyone who knows me knows that I'm a socialist at heart and I'm not going to say what I really want to say here about this press release to say I'm not impressed is about all I'm willing to say. Louis Walsh

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Jurgen Wolf
Jurgen Wolf
Oct 12, 2022

What's our way forward? How best can we unite the socialists in this country? Are the SLP merging with the Resist movement?

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