However, in order not only to build on what we have previously done but also to sustain ourselves long-term, we need more money. At present, our monthly subscriptions and cash reserves allow us to pay £50 for each piece and to pay our General Editor £150 a month for administrative and organisational work. We are also covering our web hosting costs from this money.
We are very much aware that these payments do not fully cover the work done either by writers or by our General Editor. Moreover, our section editors, designers and web editor are working for free. We are also now running at a small monthly loss, although we have some money saved from the beginning of the project.
We do not believe New Socialist can sustain itself long-term on the unpaid work of our editorial group which we fit between paid work, family commitments, study and other political work. We feel that we are not reaching our full potential at present, and we cannot run forever on enthusiasm, goodwill and unresourced time snatched amidst other commitments.
To sustain and develop the project, we’ll need your help. If you believe as we do that such an initiative is sorely needed, please subscribe. New Socialist is, and will always be, not for profit.
Your support will help us:
- Pay contributors, as we believe that work should be paid for and also because material support for those who otherwise would not have been able to contribute is an essential part of widening opportunities and drawing on a wider range of experiences and thought.
- Pay for editorial work, again, as we believe this is work that should be paid for and because paying for it will allow editors to spend more time seeking and helping a wider range of contributors.
- Pay for hosting, design and other general expenses.
- Should we have any more money, we will use it on political education projects, including hosting events and supporting New Socialist clubs as community hubs of socialist discussion.
We commit to transparency about what we use we make of donations.
Thank you so much for all your generous support, we couldn’t do this without you.