decline in productivity compared with Britain's rivals, that has been going on since me wor The obvious way to deal with this would be through planned ment to raise productivity without destroying jobs. But this is unaccep taole to inateners cronies. Ine only way they know to solve their problems is to bash the working class. But will workers take punishment? This is what the Tory debate is about.
As the economy moves into upturn, however modest, the Tories are haunted by the question: will workers grab back everything they they did after 19787 The signs are not good for Thatcher. She has won major confrontanons, as in roras ana beyland, only because the union leaders scabbed.
Sir Keith Joseph An arch defender of private prise against unions.
should be with 500,000 shares in the building firm Bovis.
betrayal of the problem. investmodest Son into further the construction industry.
reflation will demands. Yet if the boosted enough.
lost, reverse postwar William Whitelaw enter So he CUd.
dustrial land in Scotland. near Penrith. When they couldn't get away with a - as with the traindrivers she had to retreat. And this is the root Thatcher wants Howe to pump a CENE proposed by the CBI. She specially wants the money to go into capital expenditure projects that will put new windfalls in the way of her cronies in She is terrified that even a mild encourage economy isn't British industry won't be able to take advantage of any expansion in world trade and economic trends.
This is why the CBl is worried.
But the wets' propose something of a different order. They want up to E6bn to go into the economy, ditInherited a family fortune from steel 5,000 and a farm ching everything Thatcher has fought for. They are worried that the four million unemployment figures broken working fighting strength, and fear that further punishment will lead to confrontation. They see last summer's youth rebeilions as just a hint of what is to come.
Does this mean Ted Heath is the workers' friend? Not at all. He wants to back off today to come back tomorrow. He thinks it's safer than risking the whole system.
But his answer is unacceptable at this stage to the bosses. would lose valuable time and waste the opportunities created recession, In other words, whatever the outcome of the budget, Thatcher's thug gery will go on until she is booted out. When he told Zimbabwe's landless DOCE TET noose To be came! he modestly forgot to tell them how big his farm was. It's worth £2 million.
is also a former director Barclay's Bank, Rio Tinto Zinc and others whose African investments protected by his foreign policies have class's 1979 purchasing A retreat by the insurance contributions.
Michael Hese/tine
S SOUTE massive well in the Haymarket property and publishing.
RETAIL PRICES/TAX AND PRICES percentage change over 12 months 1980 The Government's tax and price index (TPI) has risen would have to increase to power. The TPI movements in prices (the retail price index rose 12 per cent in the last year) but changes in direct taxes as well. It reflects the fact that the Chancellor did not increase Budget, as well as the increase in employees national allowances in line with inflation in His keenness tor counci house sale rails into perspective when we look a Snares now estimated to be worth over E1 million TPI -14 RPI -10 1981 maintain the measures only This last Peter Walker Remember the later-Walker scan dal? Guess who Walker was.
Socialist Challenge 4 March 1982 page 9
Socialist Challenge