WORKERS' SOLUTION | IMGpapers 1968

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comes policy of the 'social wage' work-sharing with no loss of pay instead of redundancy.

confiscation of all incomes over £10,000 a year to release resources for investment.

production based on the takeover of the leading industrial and financial firms.

controlled state nurseries. * Opposition to all forms of racism * Immediate withdrawal of troops from Ireland. * Solidarity with the Portuguese revolution and with the workers' struggle in Spain.

above. It will also campaign for the adoption of such a programme.

Bob Pennington The International Marxist Group considers that united action around the following essential measures is the key to the imposition by the working class of its own solution to the crisis: * Opposition to any form of incomes policy, statutory or voluntary, within capitalism. Solidarity with all workers opposing the norms. End the TUC-CBI-Government talks on in* A sliding scale of wages and benefits to protect all working class incomes against inflation. * Automatic increases in public expenditure to compensate for inflation and protect the value * Opening of the capitalist books and imposition of workers' control of industry to enforce * Nationalisation of the banks and finance system to create conditions for control over indus try and destroy the currency speculation. Abolition of capitalist defence expenditure and A massive programme of public works to soak up inflation, nationalisation without compensation of all firms creating redundancy, and development of an economic plan to expand * Free abortion and contraception on demand, equal pay tor women, free 24-hour community Therefore whilst supporting the struggle of the Tribune Group against Wilson's policies, the IMG will fight inside the trade union and labour movement to develop the struggle as outlined The IMG Will of course tight on any single aspect of the programme in order to build working class unity in struggle. However we would argue that only by the adoption of such an overall programme can effective fighting unity be established and the struggle for socialism advanced

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8 monetarism - red weekly 28 august 1975