Socialist Worker

Issues for Month of 7/2002


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Markets in chaos wreck lives
STOCKMARKETS were plunged into turmoil again this week. Disgraced corporation WorldCom became the biggest company failure in US history, filing for bankruptcy with debts of over $40 billion. Transport company Stagecoach has admitted accounting "irregularities" in its US operations. Wall Street, the US stockmarket, experienced its biggest collapse since the crash of 1987.

It's right to strike
A MILLION striking council workers spearheaded the revolt against low pay this week. No wonder they are fighting. Over 275,000 council workers in England and Wales get less than £5 an hour and two thirds are on £13,000 a year or less before tax.

Join the revolt against low pay
UP TO 1.2 million workers plan to strike next Wednesday in what will be the biggest strike action since Tony Blair was first elected in 1997. The strike is by workers in almost 500 local councils across England, Wales and Northern Ireland. The workers are fighting against low pay. It is a battle everyone should support.

Their whole system is corrupt
But they want us to pay the price


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