Workers in the Street! Print E-mail
By Matt J. Wheatley   
Wednesday, 02 January 2008

A single mother in Keighley is being evicted from her residence with two months notice. The ‘owner' of the property does not claim any fault on the part of the worker; calling her an exemplary tenant.

The move is sound business; house prices may fall so it would be better to cash in now and let someone else (e.g. someone poorer) take the loss. Yet this woman is a nurse suffering attacks at work by privatisations, and a mother of four with no other housing options.

This is the nature of capitalism; inhuman, profit before people. This incident is by no means isolated; around the country the crisis in the capitalist system will be another burden on the shoulders of the workers while the bosses worry about their slightly reduced profits.  

Last month Michael Roberts wrote a brilliant article on the ‘Credit crunch!' at the end of which he gave voice to all our fears of a return to 1929-33; while I do not wish to claim we are in anything like as bad a situation the only response for the person in this example is debt. Debt to buy her own house after years of renting, debt because of the terrible prospects under private health-care and debt because of global capitalism which on a national scale will only deepen the growing capitalist crisis.  

It is clear that capitalism will not and cannot solve the current crisis in a way that will not cause great suffering to the working class; the only solution is nationalisation of key industries under a socialist planned economy.