SACSIS promotes the principle of just economies. We are opposed to economic development that violates social and economic rights and increases inequalities in the pursuit of economic growth.
Sarah Seltzer -
Which countries fare best in helping citizens survive without working themselves to death?
The Organization for Economic Cooperation and Development (OECD) makes a study of this sort of thing, ranking countries on quality of life -- the “Better Life Index” -- based on a number of factors, including work-life balance, safety, health, longevity, and more. So using that series of data as well as other information, the following are some countries that have better...
Leonard Gentle -
The story of Marikana runs much deeper than an inter-union spat. After the horror of watching people being massacred on television, Marikana now joins the ranks of the Bulhoek and Sharpeville massacres, and the images evoked by Hugh Masekela’s Stimela, in the odious history of a method of capital accumulation based on violence.
But this is not just a story of violence and grief. To speak in those terms only would be to add the same insult to the injury perpetrated by the police on...
Glenn Ashton -
2012 is the year to dispel any doubt that capitalism is terminally ill. The recent Libor scandal in the United Kingdom, where the head of Barclays was pilloried for his responsibility in fixing one of the world’s most important international interest rates was shocking, not for the fact that it happened, but because it was exposed at all. The incestuous relationship between the international banking industry and the fiat-money based central banks is a shell game of staggering duplicity,...
Saliem Fakir -
The Democratic Alliance (DA) released its “Working for Change, Working for Jobs” economic plan for South Africa a week ago.
Where the ANC’s economic plan lacks a united front and coherence - as demonstrated in a recent ANC policy conference - the DA hopes to capture the public imagination with its own image for the future and by taking the gap created by a faltering ANC.
Where the ANC is mesmerised by the virtues of the state, the DA is mesmerised by the virtues of the...
Saliem Fakir -
Is the mining sector in crisis?
It was a source of lively debate at a conference titled, “Mining Dialogue 360 Degrees”, hosted by the South African Institute of Mining and Metallurgy (SAIMM) from 10-12 July 2012 and sponsored by the Royal Bafokeng (disclosure: the author was one of the moderators at this event).
The post-1994 accord that was bridged in Lusaka with business and the multi-party negotiations process led to a compromise. The private sector would be...
Glenn Ashton -
All over the world the youngest, historically most employable sector of society is struggling to find secure employment. In China an estimated one third of college graduates are unable to get work. In Spain and Greece unemployment amongst the youth has risen above 50%. In South Africa it is possibly higher than this, even amongst high school leavers.
The elitist World Economic Forum termed the trend “a social and economic time bomb.” The impacts are exemplified by the Arab...