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Progress in Zimbabwe won’t begin until the political drain is unclogged in the wake of free and fair elections, and until the pipe leading from one of the world’s largest-ever diamond finds to corrupt military coffers is conclusively blocked. While GDP growth has been...
We, representatives of organizations from more than 15 countries in Africa comprised of small farmers, youth groups, fisherfolk, indigenous peoples, women, labour, environmentalists, faith-based organizations, local authorities and NGOs from African Civil Society met...
The crisis of capital at the present juncture when capitalism is deeply financialised is extremely difficult to resolve. The main structural problem of the system is the downward pressure on the rate of profit, but further financialisation is no longer a sustainable...
Just before last weekend’s meetings of the World Bank and International Monetary Fund (IMF) board in Washington, South Africa's finance minister dropped us an obscure news item: “Gordhan concerned about rand volatility”(Reuters, April 16). Hidden away in the business...
Sarkozy has been beaten. This is an inspiring result and we rejoice. We should analyse the relationship of forces that it reflects and the situation that it opens. Throughout Europe the incumbents have been beaten. The Greek, Spanish and Portuguese social democrats...
The South African government’s climate change policy is rooted in a green neoliberal capitalism: reliance on market mechanisms, technological innovation and expanding markets. Underlying all these strategies is the broad process of commodification: the transformation...
The economic storm triggered by the 2008 financial crash in the USA and Europe led to the loss of more than one million jobs in South Africa. Today we know that the crisis never really abated.How could it? Claims for hefty profits, wheedled through strange and complex...
The economic crisis that has shaken the world may have started in Wall Street, but it has been made much worse by the actions of both the European institutions and European member states.Much of the so-called debt crisis was caused not by states spending too much, but...
The financial crisis, which is haunting the industrialised countries – with heavy effects on the entire world – served as a catalyst for the emergence of the G20 as the ‘premier forum for economic cooperation’, as the G20 defined themselves in their mandate.But the...