Left Foot Forward

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A few articles from Left Foot Forward, this blog’s favourite blog

This is how we can start to curb fat-cattery and low pay

Inequitable distribution of income has severe consequences.

The Post Office scandal has once again exposed the shortcomings of performance related pay for company directors. The company had remuneration committees staffed by hand-picked obedient non-executive directors. None opposed the rewards accruing from wrongful prosecution of more than 900 subpostmasters and dutifully rewarded directors. Paula Vennells, chief executive from 2012-2019 picked up bonuses of £2.2m for wrecking lives.

Performance related pay has boosted the remuneration of directors even when performance is negative, as exemplified by the 2007-08 financial crash, collapse of Carillion, BHS, London Capital and Finance, Patisserie Valerie, Debenhams and others.

The bottom line is a key feature of most performance related remuneration schemes. The median tenure of a FTSE100 CEO is about 3.75 years and temptation is to grab higher pay in the shortest possible time. Profits can be boosted by depressing wages, dodging taxes, postponing repair and maintenance; cutting investment and spending on innovation; and by using novel accounting practices. Directors are rewarded for such tactics as shareholders chase short-term returns. Little attention is paid to the long-term damage and social cohesion.

Workers invest their brain, brawn and life in companies but have become just another disposable commodity. In the words of former US President Abraham Lincoln: “Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”

Inequitable distribution of income has severe consequences. Millions struggle to have access to good food, housing, education, pension and other essentials. Inequalities are a threat to democracy as the rich are able to control media, buy lobbyists and fund political parties to advance their interests, to the exclusion of the vast majority of the people.

Demands for public ownership as water bills set to rise above inflation

Feargal Sharkey exposes injustice of water bill rise in a single tweet

Question Time audience slams government’s position on Gaza ceasefire

“I have never been more upset and disappointed in our current government”

“I think a ceasefire is crucial,” one audience member said, adding: “What I also think is crucial is that the UK government is held to account for their role in licensing arms to Israel at the moment.” Her contribution was met with applause from the rest of the audience.

Another member of the audience echoed her comments, saying: “I have never been more upset and disappointed in our current government, with how they have dealt with the situation.”

He then went on to say: “Whether it’s the Conservative Party, and even the Labour Party – it’s an absolute disgrace. How many lives need to be lost? We have been 25-30,000 Gazan lives, people who have done nothing wrong. I completely echo what you say. Israel do have a right to defend themselves – absolute. But at the risk – not at the risk – the death, murder of 25-30,000 people who have done nothing wrong, I can’t understand this.”

Bombshell poll reveals the extent to which the public think Brexit has been a failure

Four years on after Britain left the European Union, a damning new poll shows just how disillusioned the public are with Brexit, with the majority believing it to be a failure.

The poll, carried out by Ipsos for the Evening Standard, found that 57% believe Brexit has been more of a failure than success, while only 13% say that it has been a success.

Younger adults, Londoners, and graduates are more likely to say that Brexit has been a failure.

A breakdown of the survey results showed that 70% of 18 to 34-year-olds think Brexit has been more of a failure, as do 64% of 35-54s, compared to 38% of those aged 65+.

Many of the promises made by Brexiteers have failed to materialise, including grater control of borders, free trade deals with America and of course who could forget the promise to invest £350 million more a week into the NHS after Brexit.

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Morning Star: Water price hikes: we need a mass movement for public ownership, Attack on free speech and more

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Editorials and a few articles from The Morning Star

Morning Star: Water price hikes: we need a mass movement for public ownership

Water bills from Southern Water

Water price hikes: we need a mass movement for public ownership

UNITE’S Sharon Graham calls the water industry “a symbol of the failure of privatisation writ large.”

She is right. The only reaction to water bosses’ announcement that they will raise prices above inflation from April should be a mass campaign for renationalisation now.

Water suppliers claim they need to raise bills because they are planning big investments to cut down on leaks. How dare they?

Since privatisation these crooks have paid out over £70 billion in dividends to shareholders, loaded the sector — debt-free when privatised — with over £50bn in debt and raised bills by over 40 per cent.

While milking the system for everything it’s worth they have neglected basic maintenance and repairs. In London and the south-east alone, water regulator Ofwat calculated last year that 600 million litres, equivalent to 270 Olympic swimming pools, are leaked from pipes every single day.

They have behaved with utter contempt for the environment, discharging untreated sewage into our waterways thousands of times. They have continued to pay executives millions even when fined for their illegal ecological vandalism.

Morning Star: Attack on free speech

THE director of public prosecutions is appealing to the Supreme Court to overturn the acquittal of two peaceful protesters for insulting Iain Duncan Smith.

Ruth Wood and Radical Haslam were charged over an incident in Manchester during the October 2021 Conservative Party conference at which both called the former work and pensions secretary “Tory scum” and Ms Wood added “F*** off out of Manchester.”

That their case even reached the High Court should have set alarm bells ringing over the creeping restriction of free speech in Britain. That court’s not guilty verdict was welcome, though its consideration of their motives for insulting Mr Duncan Smith was surely unnecessary: rudeness to a politician should not be considered criminal, end of.

MPs reveal the human cost of the Bibby Stockholm, as taxpayers pick up extra £2.6bn bill

A view of the Bibby Stockholm migrant accommodation barge following the death of an asylum seeker on board, December 12, 2023

THE tragic human cost of the Bibby Stockholm barge was revealed by MPs today as the Tories’ overspend on asylum accommodation landed taxpayers with an extra £2.6 billion bill.

Dame Diana Johnson said asylum-seekers were facing “claustrophobic” conditions that could amount to a breach of human rights after the home affairs select committee visited the Portland vessel.

The committee chairwoman wrote to illegal migration minister Michael Tomlinson to set out serious concerns about the wellbeing of asylum-seekers on the barge.

She said it was “disheartened to see some of the living conditions on the Bibby Stockholm” after finding “many individuals having to share small, cramped cabins (originally designed for one person), often with people (up to six) they do not know (some of whom spoke a different language to them).”

“These crowded conditions were clearly contributing to a decline in mental health for some of the residents, and they could amount to violations of the human rights of asylum-seekers,” she added.

The committee complained of “discrepancies” between the accounts of officials and asylum-seekers themselves, noting MPs received “inconsistent” information regarding access to GP services for those on board.

Former Labour mayor launches independent election campaign with scathing attack on party

Mayor of North of Tyne, Jamie Driscoll, speaking at the Convention of the North, January 25, 2023

AN ELECTED Labour mayor who was barred by the party from standing in May’s mayoral election has launched his election campaign standing as an independent.

North of Tyne Mayor Jamie Driscoll attacked Labour leader Sir Keir Starmer in a packed community hall in Sunderland on Thursday night asking: “What if – it’s a general election year – Keir Starmer says, ‘here’s my 10 pledges’ – would you trust him to keep them?”

He criticised Labour MPs and other politicians who changed their positions each time a policy was altered by the leadership.

“The day I left the Labour Party was the day Labour said they would adopt the Conservative policy of the two-child benefit cap — a policy that plunged 250,000 kids into poverty at a stroke,” he said.

“And all those Labour frontbenchers – and Labour mayoral candidates – who’d said that policy was ‘heinous’ and ‘cruel’ changed their tune, and said, ‘ah, well, you know, public finances,’ and meekly swallowed the party line that it’s OK to keep children in poverty.

Continue ReadingMorning Star: Water price hikes: we need a mass movement for public ownership, Attack on free speech and more

Norwegian Foreign Minister warns weapons-exporting states of complicity in Israeli genocide

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https://skwawkbox.org/2024/01/31/norwegian-foreign-minister-warns-weapons-exporting-states-of-complicity-in-israeli-genocide/

UK, US and other supporters of Israeli apartheid and oppression are enabling slaughter of Palestinians

Eide said:

States exporting weapons to Israel should reassess whether they are effective partners in the genocide in Gaza Strip or not.

https://skwawkbox.org/2024/01/31/norwegian-foreign-minister-warns-weapons-exporting-states-of-complicity-in-israeli-genocide/

Continue ReadingNorwegian Foreign Minister warns weapons-exporting states of complicity in Israeli genocide

Muslim voters abandon Starmer’s Zionist Labour party over Gaza

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Zionist Keir Starmer supports Israel's Gaza genocide.
Zionist Keir Starmer supports Israel’s Gaza genocide.

‘Trust is lost’: Muslim voters unhappy with Labour’s stance on Gaza war

“There was never much talk about politics before but now everyone cares, lots of people are speaking up,” he said last week. “We’ve been brought up in an environment where we were blindly supporters of Labour, old and young. But now people are opening their eyes a bit more.”

The issue that has opened the eyes of Muslims in Walsall and elsewhere across the country is Labour’s failure to explicitly demand a permanent ceasefire in the war between Israel and Hamas. The party’s position has shifted in recent weeks but, with more than 25,000 casualties in Gaza and a growing humanitarian catastrophe, it is too little and too late for many Muslims.

The anguish and anger felt by Muslims in the UK over the Israel-Gaza war could spell trouble for Labour at the next election. An opinion poll carried out in November by Savanta found strong support for Labour among Muslim voters, with 64% backing the party. But more than 40% said Keir Starmer’s response to the war had made them less likely to vote Labour, while 20% said it had made them more likely to do so. One in three Muslim voters rated the conflict among their top three issues in deciding who to vote for.

Continue ReadingMuslim voters abandon Starmer’s Zionist Labour party over Gaza