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News & Views by Terry Bell
Browsing All posts tagged under »economics«
‘Worst crisis’ is poverty, not Covid-19
The "worst crisis since World War 2" is not the latest Corona virus. It is poverty and the attendant hunger and ill health in often crowded and squalid living conditions. These are the breeding grounds of diseases and epidemics that are all too often ignored by governments that serve the interests of the corporate world over the wellbeing of people. United action — solidarity — by the majority of citizens can — and should — change this appalling state of affairs.
A post Covid-19 future worth striving for
April 17, 2020
Poverty is the biggest danger facing not just South Africa, but the world today. So it is perfectly understandable that poor people, oprdered to stay at home and socially distance, may see this as an invitation to starve, perhaps to death.
Post C-19: let’s not settle for normal
April 6, 2020
Covid-19 and the response of authorities in proclaimed democratic states around the world has clearly illustrated that while all citizens are notionally equal, some are more equal than most others — while a tiny minority are very much more equal than the rest. While the media often concentrates on the fact that the likes of […]
Post Covid-19: why we don’t need ‘normal’
April 4, 2020
There seems to be a consensus that the world will not be the same again in the wake of the Covid-19 pandemic, But while business and the elites plan for a possible return to business as usual, this appears to be te last thing we need since the 'normal' we had was precisely the problem.
A Covid-19 wake up call for fairness
March 22, 2020
The spread around the world of Covid-19 by jet set and cruise travellers has heightened the fear of the horrendous human cost that this virus — no respecter of class, caste or colour — could cause should it reach the teeming favelas, squatter camps and shacklands of the working class poor. This should bring to the fore the gross neglect of the poor, many of whom continue to live — and die — as a result of treatable and curable epidemics such as tuberculosis (TB).
Middle class is not defined by income alone
March 11, 2020
Beware the anger of those individual workers, who finding themselves jobless, realise they were conned into believing that they had ascended to middle class status and supposedly shared greater interests with the owners of capital than with the other sellers of labour, the working class majority.
The potentially explosive reality of joblessness
February 19, 2020
While some commentators clutch at straws of optimism, citing unchanged quarterly unemployment statistics, the reality is that what exists is not just a crisis, it is a tragedy of massive proportions with socially explosive potential.
The green irony at Davos
January 31, 2020
It is ironic that the 50th annual meeting of the World Economic Forum has announced that the “transition to a greener and more equal economy is not just possible but imperative for restoring productivity”. Because the members of this private rich boys' club, representatives of the 1% who comprise the apex of the global wealth pyramid, are primarily responsible for the crisis: they are part of the problem, not the solution.
Terry Bell Writes 
April 19, 2020
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