Workers Socialist League

Socialist Press, Trotskyism Today, Woman Worker, Class Fighter and the Trotskyist International Liaison Committee, 1975–1984

Four Years of Wager Control

Socialist Press no. 40, 11 August 1976 · scan p. 12 · Socialist Press · about 724 words

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OMPLETE and SEND to: 31, Dartmouth Park Hill, London blished by the Workers Socialist Learne. 31. Nartmonth Par • Hill IAIN Naes . inies inses Last Wednesday night pillions of television viewers icard • Chancellor, Denis Healey gleefully announce hat TUC leaderse at the IEDC meeting that day had oted along with government jad CBI spokesmen for föur ears of wage control'.

The embarassed response of he TUC was to immediately get ealey to withdraw his statement hich of course goes much arther than even the reactionary 12% deal agreed by the TUC.

CONCEDED But the fact remains that in ence Jones and Scanion have heady conceded to this act. In fact, their whole cringing titude at the meeting could only * summed up as "take all the rofits you want, but please invest ame of them to give jobs to our lembers." ¡ To these so-called 'leaders" of re working class jobs for workers • not a right which must be raght for, but a favour to be ptained by prostrating themives before the representatives I the capitalist class. • Profits, they all agreed, were * first pronty.

The jobs, conditions and wages i workers could be nothing more in a desirable by-product of isfying the capitalists' interests. ¡ The NEDC (Neddy) meeting i called to consider two fairy pries.

There were "forecasts" for the pnomy produced by the econmists of the Treasury.

GROWTH

One of them forecast what muld happen if the growth of the anomy continues at the present According to this, unemployat by 1979 would not have len below the present posthigh of 1½ million. It might even higher. ¡Afraid to admit openly that ky were willing to accept this nation, the TUC joined the CBI presentatives in voting for a olution which declared the aclusion of this fairy story as acceptable' ALTERNATIVE They preferred the Treasury's ernative fairy story which alted in a small fall in the imbers of unemployed workers 1979 - but only on the emption that the rate of indus• growth would rise to 8% a - a figure completely REST OF TH NAME.

ADDRESS

EUROPE 6 issues.

12 issues 24 issues. E WORLD unprecedented in the history of British capitalism • and about ten times as high as the average for the last six years!

It is just as well that Neddy (NEDC) did not seriousiy discuss this second forecast - or it might have been difficult to see how the crisis-torn capitalist system which for the last few years has produced nothing but slump and unemployment was suddenly going to perform this unheard of economic miracle.

The TUC leaders did not make a murmur about the assumption which was common to both the Treasury forecasts - that wages would not rise any faster than Scanlon Those who claim to lead and represent the working class are in fact simply sitting around a table with the capitalists, playing with the interests of workers as if they were bits of paper in a Monopoly game.

A report just published which examines to whom cars are being sold estimates that now 33% of all cars registered in Britain in the year to February were on company books - and 50% of the British car industry's output is sold in this way.

This gives the clue to the way employers and managers are evading the wage control measures -giving selected managers cars to compensate for nominally limited salaries. cuts. We demand due defts both FUND The July Fund closed with total of £536.11, including donation of £20 from J.W.

Those areas which have made an early start with the August Fund include: Hull, £4.75; South London, £8; Banbury, £1.55; Central London, t45; North London, £36; Aylesbury, £1.15; Oxford Assembly, $9.50; Oxford General, £10: which makes the total £115.95.

It is important that all branches make a particular effort during the holiday period to raise the full fund. This 16-page issue is a great step forward for us but of course means an increase in our printing costs.

All donations should be sent to: Socialist: Press Monthly Development Fund, 31, Dartmouth Park Hill, London NW5 1HR.

← Contents of Socialist Press no. 40, 11 August 1976

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