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Preamble/Stage Setting 1. We, the heads of State and Government, having met at Rio de Janeiro, Brazil, from 20-22 June 2012, resolve to work together for a prosperous, secure and sustainable future for our people and our planet. 2. We reaffirm our determination to...
May brought home to the world evidence of the popular rejection of the irrational pursuit of austerity amidst recession in Europe and elsewhere. One telling signal was the victory of Francois Hollande in the French Presidential run-off, making this the first...
Like a cancer brought under remission in one part of the body, only to pop up again elsewhere, the world capitalist economic crisis is back Last year the Greek ponzi scheme, whereby the extent of Greek national debt was hidden from its creditors (international finance...
Introduction The Greek crisis represents the deepening of a long systemic contradiction whose origins lie in the 1960s, in the stagnation of monopoly capitalism and the emergence of the South. The industrial centers of the world economy were struck by a crisis of...
Continually lost in the ongoing row about the mooted youth wage subsidy is the context in which it is being proposed. Not just the national, but the global context. It is a context in which there are fewer and fewer jobs for more and more job seekers. At the same...
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...
Two replies to Loane Sharp by Dick Forslund and Simon Eppel, originally published in Business Report, December 19, 2012: The South African Reserve Bank (SARB) reported in its latest Quarterly Bulletin that labour productivity is going up, as it has since 1994. The...
Brian Kantor, the chief strategist and economist at Investec Wealth and Investment, responds to the debate about wages and productivity between Dick Forslund from AIDC, Simon Eppel from SACTWU and Loane Sharp from Adcorp (published in Business Report, December 13, 14...
There’s an unacknowledged elephant in the climate change debate: trade agreements. These agreements are major unrecognised obstacles to what would otherwise be urgent, rational and fair mitigation or adaptation measures to climate change.A conflict is certain between...