Friends,
Recently, the masters of the universe gathered for a weekend of backslapping and high-fives at the Word Economic Forum in Davos and to greet them Oxfam released a new report on the yawning global wealth gap.
And the results are shocking.
Over the last 2 years, the 1% increased their wealth by $26 TRILLION dollars! - gorging themselves on 75% of all new wealth created.
In 2022, the food and energy sectors (dominated by just 95 companies) saw their profits explode by $305 billion dollars! This coming at a time when inflation devoured working people’s ability to buy food and gas to heat their homes. As many as 828 million people go to bed hungry every night. The number of those facing acute food insecurity has soared - from 135 million to 345 million - since 2019. A total of 49 million people in 49 countries are teetering on the edge of famine.
Seattle is home to 16 billionaires, whose wealth equals $469 billion:
- Jeff Bezos, $171 billion
- Bill Gates, Microsoft, $129 billion
- Steve Ballmer, Microsoft, $91.4 billion
- MacKenzie Scott, Amazon, $43.6 billion
- Melinda French Gates, Microsoft, $6.2 billion
- Charles Simonyi, Microsoft, $5.8 billion
- Howard Schultz, Starbucks, $4 billion
- And more…
Being in the belly of the beast, where fierce unionization battles are raging, puts more of a responsibility on us to fight the billionaire class by building mass movements and popularizing the need for socialism.
Seattle DSA has been energetic partners in Starbucks and HomeGrown unionization efforts, we threw down to elect a socialist fighter in Stephanie Gallardo, are committed to winning social housing though I-135, and we’ve sought to ameliorate rampant hunger through our community breakfast program. In 2023, we’re gearing up to potentially throw our might behind several important initiatives this year (RSVP to tomorrow’s Chapter meeting to decide!) that could strike a blow against rapacious corporations feasting on low wages.
But more can be and needs to be done.
In October our chapter voted to hire two part-time staff members – a major milestone for Seattle DSA. The two staff will help activate our 1,500 members, build in South King County, and ramp up our chapter’s communications and media.
With its multi-racial working class, the need for socialists to root our movement in South King County is clear. Raise the Wage Tukwila winning by 82% showed there is an opening, and we’ve established points of support during the Gallardo campaign.
But to build DSA in South King County will take serious resources.
To make a substantial impact on Seattle politics we need to take steps toward developing our own socialist media. It is unacceptable that the Seattle left has to rely on two non-socialist publications (The Stranger & the Urbanist) to sometimes get our message out. Hiring our own communications staffer is an important step toward creating our own media infrastructure – but it costs money.
As part of hiring staff we are launching a drive to increase income by $3,500/month.
So far, we’ve increased our local income by $935/month - that’s 27% of our goal of $3,500/month, which we need to reach by the end of February!
If 64 people pitched in $20/month tonight, we’d be nearly half of the way to our goal!
Can you pitch in $20/month today?
In Solidarity,
Bryan W
Seattle DSA Treasurer