Monday, January 15, 2018

Why Taxing the Rich is a Temporary Tactic

This is a perfect example of why you can't make capitalism humane by taxing the rich, or regulating it in to decency. Not that democratic workers' ownership and control of the means of food production would produce something like Coca Cola. This does not mean in the struggle to make the lives of people better in the capitalist mode of production that we can't shift the share of the wealth we create from them to us; we can.   If the market doesn't take this price rise and folks go buy more Pepsi's or drink less soda, the owners of capital that have invested it in Coca Cola may suffer a loss.

Socialists support the fight for such reforms like taxing the rich because we believe we should struggle to improve the material conditions of the workers of the world and defend the natural world in which we live.   But we must recognize that as long as a tiny minority do own the means of production (including the production of ideas through their universities and other such institutions) any victory is a very temporary one. Not only that, but in this epoch, victories are harder to come by and shorter lived.  It is also through the struggle for reforms that we learn lessons about the nature of society. Socialists fight for them not because we think they are a gateway to socialism, we fight for them as part of our struggle to overthrow capitalism and build a democratic socialist society and world.  Richard Mellor

Reprinted from the Independent UK

Coca-Cola blames sugar tax as it cuts coke bottle size and puts prices up

A 1.75l bottle of Coke will shrink to 1.5l as price goes up 20p

Coca-Cola said it will cut the size of its 1.75l bottle of Coke to 1.5l while putting up the price by 20p in the UK.

The price of a 500ml bottle will also go up from £1.09 to £1.25, Coca-Cola confirmed on Monday.
The global drinks maker said the changes were in response to Britain’s sugar tax which comes into force in April.
The levy will be set at 18p on drinks containing 5g of sugar or more per 100ml and a higher 24p rate on those with more than 8g per 100ml.

Coke contains more than 10g of sugar per 100ml with a 1.75l bottle containing 186g.

“We have no plans to change the recipe of Coca-Cola Classic so it will be impacted by the government’s soft drinks tax,” said a spokesperson for Coca-Cola European Partners.
The Soft Drinks Industry Levy, or sugar tax, was announced by former Chancellor George Osborne in 2016 as an attempt to combat spiralling levels of type 2 diabetes and childhood obesity.
The Treasury estimates the tax will raise £520m a year – money that it says will go towards funding sport in primary schools.

The tax has prompted some drinks makers to replace sugar in their recipes with artificial sweeteners such as aspartame.

An online petition titled “Hands off our Irn Bru” attracted thousands of signatures this month. It called on the soft drink’s maker, AG Barr, to rethink its decision to change the ingredients of the Scottish “national treasure”.

AG Barr earlier announced plans to cut Irn Bru’s sugar content by more than half

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