Browsing All posts tagged under »economics«

As SA elections loom: a call for clarity & organisation

January 13, 2019

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It's swings and roundabouts for the workers of the world, with the overall trajectory being fewer jobs and lower pay. This is the reality as the World Bank claims — citing China and India as prime examples — that global poverty is declining; the implication being that the economic system is working. It is not and it is, in fact, becoming increasingly destructive.

Trade wars & steps in the right direction

November 18, 2018

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It seems essential to take steps to move away from the clearly dangerous and damaging economic dogma of neo-liberalism. Far from being either free or fair, it is, in fact, an anarchic system that creates the "race to the bottom" that so harms the majority to the benefit of a tiny minority while being destructive, overall.

Lying our way to catastrophe

November 16, 2018

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The global economy that affects us all is based on lies; on the distortion and misrepresentation of the views of usually much lauded economists. It seems crucial to drive this point home as we continue to be told that greater productivity and the up-skilling and re-skilling of workers will vanquish poverty and unemployment. In a […]

Our common economic ailment

November 4, 2018

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The SA economy,worked out by corruption, seems to be well and truly up the creek and with only a very fragile investment paddle to hand.

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.

Undermining the SA productive sector

July 28, 2018

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It is becoming increasingly clear that organised labour and others are no longer prepared to be fobbed off by commissions of inquiry, panels and task forces established as proclaimed means to remedy financial malfeasance and often grossly unfair trade practices. The dumping of chicken portions — the prime source of animal protein for poorer communities — is a prime example of such unfair trade in practice.

Cutting through the double talk

July 21, 2018

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Politicians tend always to claim to act in the best interests of all. But is is essential to look closely to see whatever detrimental consequences their professedly beneficial policies have, whether they have to do with recycling or the expropriateion of land.