enough. She would response was to complain that it wasn't the pay of the armed forces by 25 per cent. Margaret Thatcher's immediate Labour government that it would raise with a promise from So-here we are in 1979 and the leaders but which will make them worse. THE ELECTION campaign began give them more. the outgoing fact that none of them has any real solutions to get us out of the present i could have something to do with the major parties have been so uninspiring, So if the election campaigns of the inare, already are increasingly under attack. The police riot in Southall an 23 and the rights of those here thoroughly demoralise the bosses strength weakened workers" The past year organisations superficial stabilisation but only marginally.
taken place 10 In holding down wages through various prosperous capitalist road The success notched up by Callaghan ser public expenditure has boosted profits wage policies and through In one year -1976 and early 1977 rose by more than 50 per cent, and the next year they went up a further 10 per Cenr.
mopths.) The actual rate the 1950% and 1960%. of 1974 to 1975. taken to alleviate the last crisis mean manocuvre will be even more restricted that the capitalists* this time, The last recession doubled official fighting over is what measures to Labour leaders and the Tories are now 18,000m The Question SEND US A CHEQUE TODAY has been its inability to the survival of capitalism, it is the class, If there is one thing that's crucial working to sufi on the living standards of the working up wi They шлеп is mortally difficul capiralism. True, there has been an . so has of British meeting seen a secret thens solidarit "seconda and the pound has stabilised. But this is points ou almost entirely thanks to North Sea oil. only threa Tbe C Britain on a stump thi importann like those I! confrontat slashing Heath gov - between the beginning of - company profits standards sh failure and The Labe on the hasis with the trad To some e as ther on ouri Proposeis have of profit and more rad contracts enfor dropped altoget #ll least The very measures Class But receat stic Callaghan's five driv for Thatcher's alterna in living thereby snatching stanc life. If Labour can say, then the Torie The lesson for th which power on 3 May we a clear whicheve be prepared to fight living standards
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Inflation is down to single figures, No real overland of the economy las
the Engincezing Employers' Federation has just reported that investment in engineering has declined in the past 12
averages no more than five per cent as opposed to the order of 15per percent in
As a result we are now on the eve of an even more severe recession than that
enemployment to over one and a half million, cut workers" living standard by 10 percent and slashed public expenditure (primarily welfare services)
need to keep up the rate of profit. Today, this requires massive attacks stand
class. These can only succeed once the weake and self-conlidence of the
upturn in the economy, but it's limited. The halance of payments is in the red, undermir
But this has not led to an upsua in forced to investment in basic industry. (ladeed, account. Alre