"Adcorp's Employment Index" (AEI) has reached the Office of the Presidency of South Africa. Speaking at the Wits Business School, Deputy President Kgalema Motlanthle reportedly claimed that labour productivity in SA has "declined by 41.2% since 1993" (polity.org.za,...
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The Revolution Begins Today | by Daniel Chavez
By definition, a revolution is a collective process, not a one-man endeavour. While the social and political legacy of Hugo Chávez is remarkable, the Bolivarian Revolution has been intrinsically tied to him as the leader. With Chávez's death, the Boliviarian...
Facts belie the hype about labour costs | by Brian Ashley and Dick Forslund
Unless reliable, quantifiable data is publicly available, reports cannot be taken seriously. The employment report by Mike Schussler (“The unemployed are the real poor”, Mail & Guardian, June 8 to 14) has sparked a heated debate about labour cost development and...
Prejudice Parades as Economics | by Dick Forslund and Jeff Rudin
Whilst the debate in South Africa rages over the poorest workers allegedly being over paid, ‘The Occupy Wall Street’ movement that is now being replicated throughout the world expresses growing outrage at the ‘one percent’ of people whose wealth allows them to...
Too big to be honest | by Amandla Staff
One of the biggest pharmaceutical companies in the world, GlaxoSmithKline, the British drugmaker, has agreed to plead guilty to criminal charges, and pay $3bn to settle one of the largest cases of healthcare fraud in US history. The drug giant is to plead guilty to...
Exclusive Interview: Joseph Stiglitz Sees Terrifying Future for America If We Don’t Reverse Inequality
What will life look like down the road if we don't reverse economic inequality? We must see through the myths of capitalism and build a mass movement if we are to save ourselves. Nobel Prize-winning economist Joseph Stiglitz, one of America's most prescient voices,...
Reality is a low wage economy undermines South Africa’s Development | by Brian Ashley
The Business Report is not a place to trade insults, as Mike Schussler does in his xenophobic piece “Putting data in someone else’s study is untruthful” (4/6). As Alternative Information and Development Centre (AIDC) we are interested in stimulating a real debate on...
Who’s profiting from the water crisis? | by Joyce Nelson
Big business sees water scarcity as a money making opportunity. Joyce Nelson uncovers the dodgy dealings of the Aqueduct Alliance. In January 2010, investment banker Goldman Sachs, along with General Electric and a high-powered Washington thinktank called the World...
Are SA’s unskilled workers overpaid? | by Dick Forslund
Dick Forslund responds to Mike Schüssler and Tim Cohen Again a report hit the front pages of both Business Day and Business Report (May 7 2012). "South Africa cannot afford South Africans" was prepared on behalf of the trade union UASA by Mike Schüssler from...







