Browsing All posts tagged under »crisis«

Time to slay the market monster

August 10, 2011

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Global financial markets, along with the other manipulated casino operations such as Stock Exchanges, are in a completely predictable crisis. This market monster is badly diseased and dangerous: how it should be slain, how to dispose of the corpse and how to build a real alternative is what we should now be debating.

Technology and the race to the bottom

July 24, 2011

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The labour movement is under concerted attack, globally, with capital now trying to play the role of defenders of the poor and unemployed. At least, thanks to modern communications, the facts will out and the real arguments can be aired, perhaps providing solutions to this crisis-ridden system.

Voodoo economics, journalism & human rights

January 7, 2011

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It is time we all stopped bowing down at the altar of voodoo economics and acknowledged that our world is in crisis. And that this crisis is a consequence of adherence to an almost religious belief that “the market” is some sort of sane and sensible mechanism; that the mystical “invisible hand” mentioned by Adam Smith is a reality.

Voodoo economics, journalism & human rights

January 1, 2011

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(First published:  February, 2006) It is time we all stopped bowing down at the altar of voodoo economics and acknowledged that our world is in crisis.  And that this crisis — not of shortages, but of gluts — is a consequence of adherence to an almost religious belief that “the market” is some sort of […]

’tis the season to…..?

December 10, 2010

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It is surely time for serious reflection when the lunatic logic of the present system encourages us to spend — all too often on credit — to provide a boost to ailing economies when all this will do is provide a boost to banks and to the profits of importers, producer companies, wholesalers and retailers while the jobs slaughter continues.

SA’s New Growth Path: enter Son of Gear

November 24, 2010

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South Africa seems enamoured of acronyms, and national economic policy has provided three over the past 16 years: RDP, GEAR and now, NGP. The one consistent element appears to be that, while the names may change, nothing fundamental seems to alter; "trickle down" economics still rules.

The real basis of the global economic crisis (11.11.2009)

October 2, 2010

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Analysing the crisis and arguing that it may amount to a choice between planetary survival or annihilation.

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Unknown's avatarCape Town, South Africa-based journalist commentator and author specialising in political and economic analysis and labour matters.

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