/what is socialism
The six richest billionaires in the UK are worth as much as the poorest 13.2 million workers here. Just four families are swimming in wealth totalling £39.4 billion, says the Equality Trust.
The Earth’s 2,153 billionaires had fortunes exceeding the wealth of the 4.6 billion poorest in 2019, says Oxfam. Super-exploitative Amazon boss Jeff Bezos remains at the head, with $116 billion to his name. Bill Gates and Warren Buffett aren’t far behind.If Bezos and Gates built a tower of all their filthy lucre - in $100 bills - it would penetrate outer space. Meanwhile, a worker who’d saved $10,000 a day since the pyramids were built in 2,500 BC would still only have one-fifth the average wealth of the top five billionaires.
Wealthy people in the UK and US live eight years longer than the poor, UCL has found. The richest can expect an average 83 years for women and 81 for men. The poorest can expect just 75 years for women and 73 for men.
These obscene stats are the product of capitalism - an economic system designed to amass private profits whose only interest in the majority of humankind is to ensure enough of us remain alive and healthy to continue to make those profits!
The Socialist Party fights for Socialism - a system designed to meet the needs of all not the accumulation of wealth by the few. We oppose every cut, fighting in our day-to-day campaigning for every possible improvement for working class people.
The organised working class has the potential power to stop the cuts and transform society.
Join us today in that
fight.
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