Browsing All posts tagged under »unemployment«

GM quitting SA is a wake-up call to all

May 29, 2017

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The General Motors pull-out of South Africa is an excellent example of the dilemma facing more and more companies on a global scale: the need to remain profitable in a world of cut-throat competition in an environment of surplus capacity and production. And for every bit of corporate gain, it will be workers who will bear the pain.

Criminalising desperate mine workers

September 25, 2016

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Driven by poverty to artisanal mining, enterprising workers are criminalised for being entrepreneurial. At the same time, the SA government, perhaps with good intentions, seems likely to create a disaster with changes to compensation coverage for miners.

The productivity & growth illusion

September 18, 2016

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Politicans, economists and several labour leaders keep telling us that we need more growth and greater productivity in order to claw our way out of the present economic crisis. But this is an illusion as we face the job-loss reality of the 4th industrial revolution.

A Valentine message for labour

February 16, 2016

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Perhaps it was appropriate that Sunday was Valentine’s Day. It provided some respite from political shenanigans of the past week and the parlous state of the real economy. But the history of the day provides a glimpse of the reality of technological progress and its effect on jobs.

Dealing with the “4th Industrial Revolution”

January 30, 2016

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The so-called "Fourth Industrial Revolution" has the potential to free humanity from drudgery and poverty, but only if it is under true democratic control and serves the interests of humanity as a whole. So it is not a matter of demanding changes in mere policy, but in the political system itself.

A desperate need for radical change

June 15, 2015

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Over more than a century there have been warnings that the current global economic crisis would arrive — and what would be the cause. Yet most mainstream economists and commentators persist with an almost religious belief that somehow, sometime, the tide will turn and all with reurn to as it was. It will not.

Economic apartheid & the builders of the world city

November 7, 2013

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Christmas is coming to a world city so it is perhaps time to ask who built it, who is losing out, who is getting fat — and how and why this happens.