GLW issue 773, published 2008-11-05.

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US elections: History is made

The United States Socialist Worker is maintaining an online election journal and analysis of the November 4 vote. Below is the account posted by SW journalist Alan Maas at 11pm on November 4 on the impact of the victory for Democratic Party candidate Barack Obama, who has become the first African American head of state in a nation founded on slavery and where, only a few decades ago, many African Americans were denied the vote in a number of southern states.

Economy, living standards and the debt trap

Financial journalists are earning their bread and butter speculating on the depth of the recession that awaits the world economy.

Not so super

There’s one positive aspect of global financial chaos. It throws into question the Australian model of funding our retirement—compulsory superannuation.