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A crisis in the capitalist system is a kind of wake up call: speculative bubbles burst, the price of assets [8] moves back towards their real value; the least profitable corporations go bankrupt, and capital is destroyed [9]. Crises are in a way part of Capitalism's...
Anglo's platinum operations are not "unprofitable". Rather, they are not "profitable enough". Plans to restructure will jeopardize the income of 14 000 workers and more than 100 000 dependents. AMCUs call to nationalize in response reflects the growing consensus on...
For two months Angloplats refused to negotiate over the minimum demand for R16,500 per month before tax and deductions – a variation of the demand for a living wage of R12,500 in hand that spread like wildfire in the mining industry. The bosses repeatedly sent...
South AfrIca's coal-fuelled development path delivers jobs that are less than decent and results in massively negative externalities – water contamination, air pollution, loss of farmland and community commons and livelihoods. With theexception of Sasol, coal is still...
Amandla! introduces a new column: Economics for people. In this column we demystify basic economic processes, concepts and debates so that activists are able to participate better in the struggles over the nature and direction of economic policy. One of the factors...
Amandla! introduces a new column: Economics for people. In this column we demystify basic economic processes, concepts and debates so that activists are able to participate better in the struggles over the nature and direction of economic policy. One of the factors...
Chris Webb On August 4, 1946 over one thousand miners assembled in Market Square in Johannesburg, South Africa. No hall in the town was big enough to hold them, and no one would have rented one to them anyway. The miners were members of the African Mine Worker's...
The EU seems oblivious to the fact that Tel Aviv is using the Syria violence to encourage disastrous regional conflict and divert attention from Palestine The annual EU-Israel Association Council meeting was meant to be about trade, but it was mostly about the next...
The greatest sporting, and money-making, show on earth The 2012 Olympic Games, held in London, will start with the 'Opening Ceremony' on Friday 27 July, watched by an estimated audience of 1 billion people around the world. Beyond the sporting excellence, Manny Thain...