Economics for people

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...

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...

Platinum Strike: Where to now?

For all his initial 
enthusiasm, Minister of Mineral Resources Ngoako Ramathlodi’s attempts to resolve the platinum strike met the same fate as those of the CCMA, the minister of labour and the Labour Court. The parties downing tools rejected the...