Browsing All posts tagged under »crisis«

Labour needs a new revolution

August 27, 2018

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Capitalism is not dying, although the system is obviously gravely ill. But it is resilient and may survive, but only at the the cost of the suffering and sacrifice of billions of working people who are likely to resist fiercely. New thinking is clearly called for.

SA’s Cosatu: neither dead nor dying, but deeply troubled

December 8, 2015

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As South Africa's major labour federation, Cosatu, goes into its fourth decade, it does so carrying all the damaging detritus of the past that the leadership continues not to confront.

Socialism: myths, predjudices & reality

November 25, 2015

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At this time of global economic crisis, there are various charlatans and ambitious politicians who use vaguely worded promises labelled “socialism” as their stock in trade. But what does socialism really mean?

The real causes of our economic distress

June 24, 2015

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Blinded by the chimera of Stock Exchanges and the smoke and mirrors of booming futures and derivatives trading, mainstream economists and commentators lost sight — if ever they had it — of the real productive economy. Their god was profit and their church, the market. Now the system has failed.

A ticking time bomb & a badge of poverty

June 22, 2014

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The strike on South Africa's platinum belt is only one aspect of a much more severe domesic and global crisis. And some solutions had better be found — and soon.

Party politics dominates Cosatu crisis

December 5, 2013

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Fudging and delay. That was what emerged from yesterday’s eagerly awaited Cosatu press conference. As a result, the questions about the future of suspended general secretary Zwelinzima Vavi and the prospect of a Special National Congress (SNC) remained unanswered. And it soon became obvious, as the conference progressed, that the reason for the fudging and […]

A micro-chip road to real democracy

July 1, 2013

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Modern technology is making the bulk of humanity increasingly redundant. But the same technology could end the obscene waste of human potential.