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The fundamental market theory of equilibrium, in economics, can be compared to notions of justice conceived in other disciplines, such as electoral democracy and politics. After centuries of trading trials and wars, we were told by leading governments (who may be...
The head of state, confident after electoral victory, tells the governor of the central bank what to do, introduces forex controls and announces that a key sector of the economy, sold off to private investors 13 years ago, is to be nationalised. Two members of 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...
Forslund’s final reply to Sharp and Kantor, originally published on PoliticsWeb.co.za and SA LabourNews.co.za, 24 January, 2012. In this final reply, I will correct an error, account for a new finding and try to give a principled answer to the replies Brian Kantor and...
The People’s Dialogue, a network representing millions of African and Latin Americans organised in movements of rural women, small scale farmers, peasants, workers, feminist and research formations, is mindful that the discussion on the green economy takes place at...
COSATU’s recent decision to call a general strike that saw hundreds of thousands leaving the shop floor drew attention to an issue that has proceeded with relatively scant media attention given its importance in understanding contemporary South Africa.The data is...
A slow dawn of realisation is setting in among sensible elites: that the world economy isn’t going to recover according to any prior experience, that financial markets are rigged to transfer from the 99% to the 1%, and that ecological barriers are emerging fast on the...
There is a question from a gentleman in the fourth row. He introduces himself as Richard Rothschild. He tells the crowd that he ran for county commissioner in Maryland’s Carroll County because he had come to the conclusion that policies to combat global warming were...
The fundamental problem facing humanity today is catastrophic climate change brought on by runaway greenhouse gas emissions. The relatively narrow band of climatic conditions within which we can function has been destabilised. As average temperatures rise extreme...