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Some suggest that unemployment rates are high because of laziness or a dependency effect created by social grants, but numerous studies have failed to find empirical support for these claims. The one drum of this kind that continues to be beaten is the claim that...
In this week of Women's Day, the 30th summer Olympiad is coming to an end. Over the past week and more, women and men from all backgrounds have displayed their sporting abilities, watched on television by more than 1 billion people around the world. But it was not...
Marx rejected bourgeois morality in favor of an ethics of human emancipation, says Phil Gasper ACCORDING TO the German socialist and philosopher Karl Vörlander writing in the early twentieth century, “The moment anyone started to talk to Marx about morality, he would...
What if debt deflation strikes, will the Eurozone’s financial elite still bay for sound finance? Finance capital’s imposition of fiscal austerity on both sides of the Atlantic – and this at a time when private consumption and investment are stagnating – is pushing the...
By Jayati GhoshThe past decade has been one in which export-led economic strategies have come to be seen as the most successful, driven by the apparent success of two countries in particular - China and Germany. In fact, the export-driven model of growth has much...