Attracting foreign direct investment (FDI) continues to be seen as the core pathway for southern Africa and the African region as a whole to meet economic growth aspirations. African natural resources are in demand globally and foreign investment projects are on the...
governments
Aspects of the International Class Struggle in Africa, the Caribbean and the Americas| by Walter Rodney
Political conferences of the oppressed invariably attract a variety of responses - varying from cynical conviction that they are an utter waste of time to naïve optimism that they will change the face of the world. In actuality, popular struggle continues from day to...
Crises are part of Capitalism’s metabolism
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...
Chávez’s Legacy | by Mark Weisbrot
Bertrand Russell once wrote about the American revolutionary Thomas Paine, "He had faults, like other men; but it was for his virtues that he was hated and successfully calumniated." This was certainly true of Hugo Chávez Frias, who was probably more demonized than...
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...
Euro crisis: the economics of class warfare
Conversation with Özlem Onaran From the start, the neoliberal project in Europe was marked by a striking pro-capital redistribution of income, wealth and power. This seemed to be a good solution to overcome the profitability crisis, but it sowed the seeds of another...
Economics for people
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...
Economics for people
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...
Communique from the eighth SADC People’s Summit
We the more than 250 representatives of grassroots movements, community-based organizations, peasant and small farmers movements, faith based organizations, women's organizations, labour, student, youth, economic justice and human rights networks and other social...






