That's Capitalism

That's Capitalism WS 112

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If the recession is hitting everyone, who is buying the Goldvish mobile phone? This diamond-encrusted mobile costs a cool €1 million. See www.goldvish.com. And you can write the cheque with a limited edition Montblanc fountain pen for $25,000 (€17,072).

That's Capitalism - WS110

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Local DUP councillor, Adrian McQuillan seemed less than outraged at the sectarian murder of Kevin McDaid in Coleraine. He wrote it off as “tit for tat” and went on to excuse the killers: “What reason can you see for there being tricolours up yesterday afternoon, a Sunday afternoon? None other than for to get a reaction from the loyalist community…”

That's Capitalism - WS109

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Young Fine Gael just can't get away from their Blueshirt roots. Trinity College YFG vice-chair, Thomas Broe, has called for everyone between the ages 18-25 who has been unemployed for a year to be conscripted into the army.

WS108: That's Capitalism

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Private, fee-paying schools for the wealthy received more than €100 million from the 26 county taxpayer last year. €99 million was spent on paying teachers’ salaries, and a further €2.1 million on building works in 17 fee-paying schools in 2008. Blackrock College in Dublin tops the list, receiving €3.9 million. Other schools receiving more than €3 million in annual support include Kilkenny College (€3.5 million), St Andrew’s College (€3.4 million), Belvedere College (€3.3 million) and Wesley College (€3.1 million). Most of the schools in receipt of this free taxpayers’ cash charge fees of about €5,000 per year.

That's Capitalism - WS107

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One child in eight in less developed countries gets no primary schooling, according to UNESCO. Of the approximately 75 million children who receive no primary schooling, about 55% are girls. In sub-Saharan Africa one-third of all children receive no schooling.

That's Capitalism: Workers Solidarity #55 1998

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A man who saved two co-workers from an explosion and fire in Nike's Garuda factory in Indonesia and who suffered extensive burns in the process was fired for his efforts. Instead of a hero's welcome, Mr. Kusnadi received a reprimand when he returned to the plant after hospitalization. The supervisor told him "it's not our business if you try to help your friends".

That's Capitalism: Workers Solidarity #54 1998

Date:

'Social partnership' gets better and better. In 1987 the lowest paid tenth of the workforce paid 3.14% of their earnings in direct taxation. By 1995 this had risen to 11%.1

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In Dublin, Mexican ex-president Carlos Salinas was quizzed by French officials over drugs money linked to his brother, but an Irish judge ordered a media blackout on the case - which was obeyed by all the papers.2

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That's Capitalism: Workers Solidarity #53 1998

Date:

A few results of the 'social partnership' deals have been published by the government's own Economic & Social Research Institute. In 1992 profits accounted for 39% of all national income. By last year they had risen to 42%, and are expected to be 46% by 2003. At the same time the share of national income going to wages was 52% in 1995 and is expected to fall to 48% by 2003. In 1987 wages accounted for 60% of national income.

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Thats' Capitalism from WS42

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In spite of the Employment Equality Act and the Anti- Discrimination (Pay) Act many employers still get away with treating women workers worse than male employees. More than fifteen years after the introduction of equal pay laws in the 26 counties, women workers earn only 62% of men's average earnings. On an hourly basis they are paid, on average, #2 less.

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60% of the tax relief in the 26 counties on mortgage interest and VHI premiums goes to the top 20% of earners. Only 5% goes to the bottom half.

Thats Capitalism from WS42

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In 1977 part-time women workers in Britain earned 83% of the full-time hourly rate for women. By 1992 they earned only 73% of the hourly rate.

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In the Indonesian archipelago only 7% of land has a clear owner. Most is communally owned and administered by villages and families. That's no good for capitalism says the World Bank. they are working with the Indonesian Government to change things by compiling a register of land owners. In the next 25 years they hope to register 54 million parcels of land.

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