Why should the working class pay the cost of the capitalist crisis?


As we come out of the Covid pandemic we are being hurtled into another world pandemic – a pandemic of rising prices and falling standards of living.  British households are being warned that they can on average expect a 2% fall in their living standards in 2022 as compared to 2021 as a result of higher energy costs; increased taxation and national insurance, higher interest rates and inflation.  The long and the short of it is that although the billionaires of the world have been doubling their wealth throughout the Covid pandemic, the excess costs incurred during that period have to be borne by the mass of the working people.
This is a worldwide phenomenon, by no means confined to Britain alone…..