Six reasons to vote Socialist
1. Because the super-rich in Australia are taking the piss—and the piles of cash
Back in 1983, the wealth of the hundred richest people in Australia totalled $3.2 billion. If that wealth had increased in line with inflation, today it would be nearly four times more—an obscene $12.5 billion.
But this would be viewed as chickenfeed by today’s super-rich. The wealth of the one hundred richest people last year was 163 times greater than that of the richest 100 in 1983, according to the Australian Financial Review—an extraordinary $524 billion.
If we include the AFR’s full annual “Rich List” of the 200 wealthiest people in the country, we get to $624 billion, 24.7 percent of Australia’s annual gross domestic product.
To call this wealth “stratospheric” is a massive understatement. If piles of $100 notes were stacked up to the value of $624 billion, they would reach 878 kilometres into the sky: the stratosphere runs out after about 50 km. And as Red Flag has pointed out in the past, the wealth of the billionaires is only the very public tip of the iceberg of wealth that the capitalist class accumulates from the labour the rest of us perform.
If Gina Rinehart and Twiggy Forrest took a month off, or a year, their money would continue to accumulate. This is because it’s the work of others—in the mines these billionaires own, but also the vast network of communications, transport, education, finance and health, throughout the country and around the world—that creates the vast fortunes of the rich. So no-one would notice if Rinehart et al. dropped off the planet—but if enough of those workers stopped working for just a few days, the flow of wealth would stop stone cold dead.
What’s the correct word for those who accumulate this sort of wealth from the labour of others? “Capitalists” is accurate. So is “parasites”. And it’s about time they faced a serious challenge.
2. Because the rest of us are sick of being ripped off
As Albo and his treasurer sprinkled a few crumbs on budget night to a standing ovation from Labor MPs, and most of the rest of us scratched our heads wondering just how we’ll spend our $5 weekly tax cut from the middle of next year, Victorian Socialists crunched the numbers. As our budget reply stated:
“In 1974, Australian workers (aka the people who create all the wealth) received 55.9 percent of GDP in wages. Today it's 47.9 percent. If that share increased back to 1974 levels, it would mean workers would, collectively, be $220 billion better off (more than $15,000 per employee, per year). Keep that in mind when Labor politicians are spruiking $5 a week tax cuts, 5 cents off a pint of beer, or modest cuts to HECS debts.”
And imagine what we could do with that $220 billion—equivalent to around $10 per hour for every employee. Maybe we could take a well-deserved pay raise and a greater share of the wealth we create. Or maybe we could take some of that wealth back in the form of transformative public infrastructure. A massive new hospital costs $1.5 billion to build; official estimates of what the country is spending on our criminally slow transition to a renewables-powered electricity grid are currently around $10 billion per year. You can work out the maths from there.
3. Because housing for profit means people without homes
It’s obscene, but it’s true: as far as anyone can tell, there are more empty houses than homeless people in this country. On census night in 2021, there were a million empty houses in Australia—eight times the estimated number of people experiencing homelessness.
Of course, even during the lockdowns of 2021 some homes would have been empty due to people travelling or visiting or being in hospital. But a much more conservative 2023 estimate by the think tank Prosper Australia found 27,000 houses in Victoria didn’t use any water at all for the entire year—so were almost certainly empty for the whole year.
This pretty much matches the estimate of 30,000 people experiencing homelessness in Victoria right now. Prosper points out that another 70,000 houses appear to be entirely or very largely vacant, judging from a level of water use consistent with a couple of dripping taps, or a bit of watering from an occasional visiting gardener.
Similarly, the Tenants Union of Tasmania has used water use data to show that 2,000 homes in that state have been unoccupied for three years or more—pretty much matching the official homelessness figure of 2,350.
It’s no mystery why: there’s no profit to be made from matching empty houses with people who desperately need them.
Many investors find it more convenient to leave a house empty while the value steadily rises, rather than renting it out as a home. The law of the land allows this outrageous situation, even encourages it through tax incentives. Property—and profits—are sacred, while people are left to sleep rough (or pay through the nose for a shit rental).
The solution? Do what Victorian Socialists candidate Jordan van den Lamb (aka purplepingers) advocates: take over houses left vacant for twelve months or more and use them as homes. And we should shift Australia’s construction sector to building public housing rather than ever glitzier shopping malls.
Once we remove the profit motive and organise ourselves to do what’s needed, everything becomes a whole lot simpler.
4. Because we need more strikes
There. We’ve said it. No-one else apart from the socialists are stating this blindingly obvious fact.
If we don’t fight, we lose. The figures from recent decades show that, over the last few decades, the less we’ve fought, the more we’ve lost.
So while the mainstream parties either denounce industrial action, or perhaps drop in to a picket to murmur some polite nothings for a few minutes, or post an Instagram or two, socialists do our best to turn up, in numbers, when it matters most.
One example was Victorian Socialists bringing a couple of hundred members and supporters to the pre-dawn picket line at Dandenong South in Melbourne during the Woolworths strike in December last year.
Other parties see parliament as the be-all and end-all of politics. In contrast, socialists want to use election campaigns and any representation we win to build active participation by ordinary people in activities that can actually change things: protests, activist campaigns and strikes.
5. Because bigotry and oppression: capitalism counts the cash
Some of the benefits that capitalists get from sexism, racism and other forms of oppression are staring us in the face.
A swathe of Australian employers get a massive cash discount on wages due to the gender pay gap. If we use Australian Bureau of Statistics figures for non-managerial employees, a gender pay gap of $4.10 per hour translates to a $700 million cash discount on wages for employers every week. This is more than $36.5 billion in discounted wages each year, straight to the bosses’ bottom line, due to sexism.
Unpaid labour in the home to raise the next generation of workers, estimated at up to half of GDP, is disproportionately done by women—another handy cash benefit for the ruling elite, flowing from the sexist oppression that affects half the population.
Other benefits for our rulers from bigotry and oppression are harder to measure exactly, but no less real for that. For instance, it’s hard to quantify the benefit the system gets from having young men buy into the foul, blatant sexism of Andrew Tate. Tate’s gross objectification and contempt for women is the central plank of his thoroughly dog-eat-dog world view. The point of life, according to Tate, is to be out for yourself: everyone else on the planet, and especially women, are just objects to be used. It’s impossible to put a dollar value on the benefit to the rich and powerful from this perfectly pro-capitalist world view being propagated—but it’s substantial.
Similarly with racism. It’d be a difficult task to calculate the “worth” to Australia’s bosses from having at least 7 percent of Australia’s working class on some sort of inferior or insecure visa status, generally bound to their employers and therefore reluctant to speak up about wage theft, health and safety or a punishing pace of work.
It’d be possible to put a dollar value on all the straight-up theft of land from Indigenous people (e.g. the estimated $700 million owed to the Gumatj people in the Northern Territory for a bauxite mine imposed on them in the 1960s, according to a recent High Court decision). But it’d be much harder to calculate a figure for the value our rulers derive from the racist political campaign drummed up against Aboriginal people around the Voice referendum—which has helped Dutton drive politics in this country in a more right-wing, dog-eat-dog direction, undermining solidarity to the benefit of the capitalist class.
Which gets us to Trump.
6. Because fuck Donald Trump and the horse he rode in on
The modern world has never seen a more blatant example of the rule of the rich. The thirteen billionaires appointed to cabinet posts by President Trump are reported to be worth US$340 billion—more than the annual gross domestic product of 169 countries, combined.
This government by the obscenely rich, for the obscenely rich, tells us a lot about what capitalism, at its core, is all about.
It’s about whipping up bigotry and fear. Just one example is the extraordinary US$215 million that Trump and his allies spent during last year’s presidential election campaign whipping up hatred against trans people—calculated at US$143 for every trans person in the US.
It’s about vicious anti-migrant politics and the repression of democratic rights: snatch squads from Immigration and Customs Enforcement stalk the streets of US cities, grabbing pro-Palestine activists and whoever else they can for deportation. University administrations and media outlets have rushed to drop any pretence of seeking the truth without fear or favour, in compliance with Trump’s directives.
Of course, a government of billionaires is about trashing workers’ rights: Trump’s gutting of the National Labor Relations Board is the start of rolling back the legal protections won by workers in the 1930s. This is a gift of love to Amazon owner Jeff Bezos (the second-richest person in the world), and to every other employer who has been troubled by their workers forming new unions in recent years.
And perhaps the most terrifying of all—behind the chaos of Trump’s economic and tariff policy is the cold hard logic of rebuilding US industry to rapidly prepare for war with the US’s fast-rising imperialist rival, China.
And in Australia? Billionaires like Gina Rinehart and Anthony Pratt love Trump just as much as their US counterparts. The Liberals want to copy as much of his agenda as they can. Labor can’t bring itself to make even token criticisms, sending Foreign Minister Penny Wong to applaud Trump and his billionaire sieg-heiling mates at the presidential inauguration.
Why is this an argument to vote socialist? Because it’s only the socialists who say that every single one of these policies—and the whole system and logic behind them—have to be rejected. And it’s only the socialists who are consistent about building a politics of hope and resistance based on the one power that, throughout history, has shown itself capable of challenging the rule of the rich: ordinary people, and in particular workers—organised, mobilised and armed with radical politics.
The world needs a socialist movement as a living, breathing, organising, fighting opposition to Trump and to the system he rode in on.
This means plenty of hard work over the next five weeks, and far beyond. But putting socialism back on the political map during the current campaign is an important contribution to the movement that we need.
