Browsing All posts tagged under »economics«

SA govt’s public sector pay gamble

April 16, 2018

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The SA government — the biggest employer in the land — has effectively reneged on its own proposals for a settlement with more than 1 million of its employees, gambling that ANC aligned unions will accept the new, austerity measures. This has caused growing anger at rank and file level and may mean the government has overplayed its hand.

When will the time bomb cease to tick?

March 2, 2018

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What the latest Budget has done is, on the one hand, to placate the money lenders and the business elite while, on the other, further alienating and angering the majority of South Africans. The time bomb is continuing to tick. But for how much longer before an explosion occurs?

Pensions: a trigger for worker action

February 17, 2018

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Pensions are the deferred wages of workers and whenever authorities, public or private, move against these funds that workers know are rightly theirs, expect a fight, even from sectors not usually regarded as militant. A classic case should erupt in Britain next Thursday when 61 universities start a “rolling” 14-day strike.

Trade unionism, Marx & Chavez

February 11, 2018

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Trade unions that claim to be "Marxist-Leninist" (especially without any real attempt at definition) and that uncritically support the "Bolivarian revolution" of Hugo Chavez tend to do so out of blind emotion rather than rational analysis. And this is an extremely dangerous and divisive road for organised labour to follow.

2018 — and the hope to fly above the mire

January 13, 2018

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A hope for 2018: that we will not again see the reinvention of old political and economic wheels that drag us deeper into the recessionary mire and instead utilise existing opportunity and abiity to soar above the mess we are in.

Gramsci, technology & hope for the future

January 4, 2018

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Those in positions of power continue to bury their heads in the sand, constantly prophesying that the economic crisis is heading towarda recovery. But each of these predictions is as hollow as the next. If the system is to recover, it will only be at the most horrendous cost in terms of human suffering as well as in massive environmental despoilation. However, there is hope.

Glimmers of hope amid the gloom

December 16, 2017

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Whether the much debated five-day ANC elective conference at Johannesburg's Nasrec conference centre — it started today, ten hours late — ends prematurely or in calumny or consensus, life in South Africa life will go on, with the lot of the already battered majority of the population unlikely to improve. But despite the gloom, there are flickers of hope; evidence of a growing fightback.