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    Lazy Llama

"Not enough in the pension pot" my arse

OK. If we're doing that thing where no idea's a bad idea, they're all in the mix for discussion. And just off the top of my head. How about this: right, Bob Maxwell and the pensions. Making the link between Brown and Maxwell. Trying to get Brown done for misuse of pension funds.

Or...
 
herman said:
That does not challenge the pensions system per se.

No you're right. But pensioners could be up for doing things in ways in addition to the "political clout is reduced to the ballot box".
 
I think a start would be increasing the state pension and linking it to either wages or inflation (whichever the highest) and fund this through corporation tax on profits and income tax since too many can opt out of NI.

Then if people wish to take out private pensions feel free to do so- just as they can play the £100 bandit down the Workingmens Club.
 
herman said:
I think a start would be increasing the state pension and linking it to either wages or inflation (whichever the highest) and fund this through corporation tax on profits and income tax since too many can opt out of NI.
Excellent. We could start at, say, £180 per week. Right, I'll get onto this in the morning.
 
How about repairs for elderly people/ pensioners being done for free.
 
sihhi said:
No you're right. But pensioners could be up for doing things in ways in addition to the "political clout is reduced to the ballot box".


I was in no means meaning to denigrate the political clout of pensioners, but was stating the limits of pensioners in terms of protest over private pensions.

Once you depend on a pension as a source of income you will be in no position to boycott the pension. THis is why I believe that the pensions fight has to come to the heart of the working class struggle. Its about not only defending a "cradle to grave ethos" but turning this into the core of the idea behind struggle.

Sure we resisted a war, an there will be political fallout, we defeated a polltax, but the marginalisation of the pensions issue (which it has been for far too long) is allowing the rolling back of a century of reform.
 
herman said:
I was in no means meaning to denigrate the political clout of pensioners, but was stating the limits of pensioners in terms of protest over private pensions.

Once you depend on a pension as a source of income you will be in no position to boycott the pension. THis is why I believe that the pensions fight has to come to the heart of the working class struggle. Its about not only defending a "cradle to grave ethos" but turning this into the core of the idea behind struggle.

Sure we resisted a war, an there will be political fallout, we defeated a polltax, but the marginalisation of the pensions issue (which it has been for far too long) is allowing the rolling back of a century of reform.
I totally agree with you, but am worried about the ease with which this incredibly important issue has been missed. The fact that it is no longer even seems possible to push socialist solutions to this shows how fucked the future is.
 
kropotkin said:
The fact that it is no longer even seems possible to push socialist solutions to this shows how fucked the future is.
It's the whole post Thatcher consensus thing. The neo liberal agenda. The Washington Consensus. Call it what you will.

But we can challenge the consensus on this issue. What's more, we must.
 
Kropotkin,

It's partly because there's this overdone attack idea of an ageing population idea of Britain and not enough kids being churned out.

If present trends continue fertility rate will hit 0.32 in 20 years type, and 0.0 in 26 years type stuff etc...



It's strange how this is forgotten:

The new EU nations face a pensions catastrophe, but the British state pension is on a more secure footing than almost any other in Europe, according to a report published yesterday.

Slovakia scored worst and Luxembourg best in a study of the schemes of the 25 EU members by actuaries Aon.

In Slovakia, there are only 1.6 people working for every one person retired, compared to Luxembourg, where the "dependency ratio" is 4.4. Britain came towards the top of the table, with 2.6 people working for every retired person. The EU average is 2.2

http://www.globalaging.org/pension/world/2004/well.htm
 
I fear there are too many here making light of the pensions issue so I will attempt to put this in pespective.

The class struggle, however it is expressed in this country, has lowered itself to the lowest form of economism. When your factory is about to close it is easy enough to motivate people to join a union and figh or even to take "unofficial" action. Talk about pensions and get met with a blank stare.

But we live in a society where things move fast, and it is easy to get hypnotised by shady pension sellers with pretty colourful graphs on their laptop. They are the agents of lying scum who care nothing about whether your fund colapses 10 years down the line.
 
herman said:
But we live in a society where things move fast, and it is easy to get hypnotised by shady pension sellers with pretty colourful graphs on their laptop. They are the agents of lying scum who care nothing about whether your fund colapses 10 years down the line.

Which is why the state pension you describe makes more sense.

Private pension schemes are perhaps another way to divide the working class? I don't know.
 
sihhi said:
Which is why the state pension you describe makes more sense.

Private pension schemes are perhaps another way to divide the working class? I don't know.

Indeed they are. It has parallels in the selling of council housing.

If we have stake in capitalism then we have more to lose by its demise (or so the the idea runs).

But even within a the capitalist society we live in to take the bait of using your owhn money to exploit yourself is an idea to which I'd recommend no one subscribes.
 
herman said:
If we have stake in capitalism then we have more to lose by its demise (or so the the idea runs).

But even within a the capitalist society we live in to take the bait of using your owhn money to exploit yourself is an idea to which I'd recommend no one subscribes.

Apparently Northern Ireland will be severely affected.
http://news.bbc.co.uk/1/hi/business/3737854.stm


What I find difficult to stomach is the implied idea that people are spending too much money and not keeping it in the bank.
Consumers also need to consider their future and how they can plan for a happy retirement, free from money problems.
from above article

When there's a "downturn in the economy" approaching we're then blamed for spending too little money.
 
sihhi said:
Apparently Northern Ireland will be severely affected.
http://news.bbc.co.uk/1/hi/business/3737854.stm


What I find difficult to stomach is the implied idea that people are spending too much money and not keeping it in the bank.
from above article

When there's a "downturn in the economy" approaching we're then blamed for spending too little money.

The entire tone of the news article should set alarm bells ringing.

We are told that the problem is an ageing population- so its our fault for getting old.
We are told that its the fault of us because- we did not prepare enough for our retirement.

This probably illustrates as good as anythin else how far political debate has shifted to the right over the last few decades.

We are blamed for time and we are blamed for existing beyond what is functionally useful to corporations.

There is no piggy bank for us.- its either give money to arms dealers etc on trust or don't but the long term has to involve a re assertion of what socialism is supposed to mean.
 
herman said:
This probably illustrates as good as anythin else how far political debate has shifted to the right over the last few decades.
Absolutely. And if you try and discuss anything outside those parameters, you're either not listened to, or you're dismissed as belonging to the past. Part of a barking minority.
 
pilchardman said:
Absolutely. And if you try and discuss anything outside those parameters, you're either not listened to, or you're dismissed as belonging to the past. Part of a barking minority.

The thing I want to know is how much the dependency ratio (18-65 years : 65+ year olds) has actually changed over the past 20 years.

I'm not against people over 65 working per se. But I don't think they should be forced to. As butchers said £80bn fiddled out of corporation taxes.
 
sihhi said:
The thing I want to know is how much the dependency ratio (18-65 years : 65+ year olds) has actually changed over the past 20 years.

I'm not against people over 65 working per se. But I don't think they should be forced to. As butchers said £80bn fiddled out of corporation taxes.

Out of interest I will see if I can google some stats on this but the whole idea of depndency I find a bit distasteful. Whether or not such notions are based on neo-Malthusian approaches or not they would only give a one sided answer to the question. They could only be balanced if we consider productivity per head and income distribution. Otherwise taken alone they can possibly sell us red herrings.
 
sihhi said:
The thing I want to know is how much the dependency ratio (18-65 years : 65+ year olds) has actually changed over the past 20 years..
Good question. I'm too tired to look further, but the best I can come up with is:

"In the UK the dependency ratio (total of children and pensioners: working population) is forecast to increase from 63 in 1991 to 79 in 2031."

From here.
 
There's a good article in the News Line ( :eek: I I know) about this today:

The best way to resolve the pensions crisis is to nationalise the banks and the insurance companies. £57 billion is a drop in the ocean to them. After all, they are making enormous and record profits out of mortgages, credit card debts and exporting jobs to Asia. They are overflowing with cash.

The pensions crisis expresses sharply and painfully the contradiction between the capitalist system’s development of the productive forces and the huge barrier to all progress that the private ownership of the means of production imposes.

http://www.wrp.org.uk/news/editorial/index.shtml
 
State and corporate pensions have turned out to be a massive fraud.

Where the fuck has all the money gone?

When I can afford it, I'm going to invest in renewable energies shares, they'll only be going in one direction.
 
nationalisng the banks and that aint going to happen except in a revolution anyway
it shouldnt just be up to pensioners to protest and agitate over this issue - we all should
 
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