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News & Views by Terry Bell
Browsing Archives of Author »Terry Bell«
No golden path to stability
January 7, 2012
Ever since Europe slid into crisis there has been talk that gold might be a way out. Why? Because of gold reserves held by various central banks. Italy, for example, could pay off a substantial part of its burdensome debt by unloading it gold stocks at current prices. And here is the rub: at current […]
2011 in review
January 1, 2012
The WordPress.com stats helper monkeys prepared a 2011 annual report for this blog. Click here to see the complete report.
SA govt decisions sow union discord
December 9, 2011
The South African government’s latest moves directed, ostensibly, at combating corruption and maladministration have sown considerable confusion, distrust and suspicion in sections of the trade union movement.
When the mainstream meets Marx
December 2, 2011
When the well-known mainstream economist Nourial Roubini, a former adviser to the International Monetary Fund, quoted Karl Marx as perhaps being right about an inherent fault in the economic system, he caused a minor stir, but no real criticism. Because the inherent fault is one that is now generally acknowledged and is at the centre of the present — and ongoing — global economic crisis.
Aurora’s golden greed and liability hopes
December 2, 2011
Arrogance, incompetence and greed may have demolished the protection of limited liability for the politically well connected directors of South Africa’s controversial Aurora Empowerment Systems. They may now have to pay out of their personal fortunes for the heavy debts and losses incurred in a controversial gold mining venture.
ANC concern follows Zambian poll victory
December 2, 2011
The victory of the Patriotic Front in Zambia’s recent election has sent more than a frisson of concern through South Africa’s ruling African National Congress (ANC). It has heightened an awareness among ANC politicians that they may not be in power forever.
Humbug, festivities and financial education
December 2, 2011
Given te dehpth of indebtedness into which many working class people seem certain to be be cast in the new year, it is tempting to emulate Dickers' Scrooge and say, "Bah! Humbug" about the looming season of supposed togetherness and happiness. But then there are developments that that are certainly not humbug and that illustrate something better.
Terry Bell Writes 
Holistic change that is needed — globally
January 10, 2012
6
This was first posted in January 2012, and has been edited slightly to bring some references up to date. Attention is being drawn to it again because the arguments raised seem even more pertinent now, especially in South Africa, a country that possesses a Bill of Rights that provides a potential — truly democratic — […]