Tuesday, February 09, 2010

Where we stand

Well, I was going to kick off our campaign by, well, kicking off and giving some of our opponents a good slagging off. That is to come, though. Instead, let me try and tell you about Lambeth.

In the sidebar, you can see a link to Lambeth Statistics.

Here are some interesting facts about Lambeth (the borough where the Vauxhall Parliamentary Constituency lies).
Only 67% of Lambeth's working age residents were classified as employed in 2006/2007, compared with 69% across London and 74% nationally and in May 2007 17% were benefit claimants.

In 2007, there were around 10,000 businesses in Lambeth; but more than three-quarters of these had fewer than five employees (ABI 2007). In fact according to the 2007 Lambeth Economic Digest 99.65% of businesses in the borough are Small or Medium Enterprises (SMEs). Conversely, in the north of the borough there is a cluster of large firms, 48 of which employ more than 200 employees; among these are the national headquarters of IBM, Shell, and the ITV network. Nearly all employees employed in the borough work in the service industry (94%), with roles in public sector, education and health particularly prevalent.
There are around 270,000 people who live in Lambeth. There are 117,000 jobs (obviously, not everyone employed in the borough lives in the borough, and vice versa). Of the residents, 122,000 are in employment. 19,000 are self employed. 7% are retired. 13,000 are unemployed.

Median gross annual income is £32,000 - and they calculate that added value across the borough is £25,000. So, in this overwhelmingly working class borough, if (in an imaginary land) the workers secured the fruits of their labours by hand or by brain, they'd be living on an income of about £50K each. Of course, such a thing couldn't be achieved within the market system, but it is that base inequality of all that hardwork, and the massive gap between the efforts and the fruits that forms the ground we stand on. We hope the workers of Vauxhall will look at their situation, and decide enough is enough, and signal to their fellow workers the world over that they are prepared to do a something about it.

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