The National Treasury, informed by its discussion document, “Confronting Youth Unemployment—policy options for South Africa” published in February 2011, has set aside R5 billion to finance the youth wage subsidy. This subsidy aims to close an alleged gap that exists...
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Spain: After austerity, the rescue? | by Sofia Tipaldou
The pain in Spain is falling mainly on the poor, says Sofia Tipaldou, but they are resisting on a wholly new scale It’s happened again. Now it is Spain’s turn to get rescued. After half a year of austerity from the ruling centre-right party, Partido Popular (PP), the...
Wage restraint won’t help the jobless | by Mazibuko K. Jara
Government's New Growth Path document calls for a social pact that includes a proposed wage restraint, which means workers would moderate their wage demands. Various monetary-policy statements by the Reserve Bank, research reports by Adcorp and other comments by...
Switching to a Green Economy could mean millions of jobs, says UN | by Fiona Richards
United Nations Environment Programme says global move to low-carbon economy means millions could be lifted from poverty Tens of millions of new jobs can be created around the world in the next two decades if green policies are put in place to switch the high-carbon...
Another world is possible | by Phil Gasper
Capitalism creates a society that robs most people of their creative potential, says Phil Gasper PHIL GASPER responds to a supporter of capitalism In the last issue of the ISR (#74), I wrote a column about Marx’s concept of alienation and why work—which Marx claims...
A BIG Idea: A Minimum Income Guarantee
An Interview with Karl Widerquist Karl Widerquist is a lecturer in politics in the School of Sociology, Politics and International Relations at the University of Reading in the United Kingdom. He serves on the coordinating committee of the U.S. Basic Income Guarantee...
Can a Nigerian Squeeze the Poor for the World Bank? | by Patrick Bond
In coming days, the World Bank will have a new president. Smart money backs Barack Obama’s choice: Dartmouth College president Jim Yong Kim. But two weeks ago, Nigerian Finance Minister Ngozi Okonjo-Iweala was endorsed by her Pretoria counterpart, Pravin Gordhan....
Unions challenge govt. – and opposition
The mass strike on Wednesday was only nominally about e-tolling on public roads and the problem of labour brokers. It was, in fact, a serious shot across the bow of government about the deteriorating conditions faced by wage earners, the poor and the unemployed....
Vox Pop with Simphiwe Dana | by Andre Marais
Andre Marais (AM): What does Simphiwe Dana stand for?Simphiwe Dana (SD): I stand for justice. I stand for peace.AM: What inspires your music?SD: The human condition. My roots are everything. I am passionate. I was born in Africa.AM: How did growing up in rural...


