Keyword: economic democracy

The Promise and Peril of Democracy

Picture: Inspiration Spot Video "Where is democracy today and where is it likely to go tomorrow?" asks Marwan Bishara of Al Jazeera. He argues that democracy, together with capitalism, has brought astonishing levels of prosperity. So why is it in trouble, not only in the West, but in all regions of the world? Is the concentration of wealth a threat to democracy? Are we seeing the return of a more radical right based on ethnic nationalism with xenophobia and racism thrown into the mix? Is there a renewed desire...

Budget 2010: How Are We To Do It?

Picture: American Chamber of Commerce Ebrahim-Khalil Hassen - What is to be done? Minister Pravin Gordhan asked the question in his inaugural budget speech. There was a slight pause after he asked the question. He then broke from the written text to say, "Some of you will know where that comes from." The obvious reference was to the title of a political and theoretical article written by Lenin, and in so doing suggestive of a leftist orientation to the budget. Minister Gordhan then went on to eloquently explain the exemplary objectives that...