The agrarian crisis and agrarian distress in India have resulted in rural indebtedness.
Indian coalition government: A defeat for Hindu nationalism
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GDP
THIS CHANGES EVERYTHING
As lockdowns become the main strategy of governments to contain the spread of the virus, the onset of a new global recession will accelerate.
DYSFUNCTIONAL ECONOMY NEEDS URGENT CHANGE
In the real world where we live, poverty is increasing; real people are going hungry; real people have even less to eat than they did last year; and the year before.
When Adcorp folly has reached the presidency it’s time to worry
"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,...
Chavez: Lessons for SA
Fidel Castro said of Chavez, "If you want to know what kind of man he was, look who was crying at death and who was celebrating". The torrential hatred directed at Chavez from the metropoles of global power is hardly surprising. Perhaps more than any other, the...
Africa: Future Trajectories for BRICS
Despite much optimism, there are clear indications that BRICS [1] lacks the capacity to function as a powerful and innovative new force in the realm of global politics and governance. Can BRICS emerge as a collective that will reject the current neoliberal order and...
Pampering of rich too costly | by Dick Forslund
Speculation is rife in anticipation of next week's budget speech. Will Finance Minister Pravin Gordhan announce tax increases? Might the tax rate for personal income above R617 000 increase to 42 percent? Might it even return to 45 percent for the portion of income...
Tax pegging ratio of 25% tax to GDP = A Small State | by Donna Andrews
Revenue from personal income tax is part of how governments are able to fund the type of society they imagine. In the case of South Africa, the government presents a vision of a more equal society, striving to lessen inequality and right the wrongs of the past. For...
Time to stop the tax cuts
'There is no money!' This is the standard response to the demands with which the government continues to be bombarded by people whose basic needs have still not been met after nearly 20 years of post-apartheid rule. People in South Africa are angry and impatient in...