economy

Protests reject TPP as corporate power grab

There were huge protests against the Trans-Pacific Partnership held across New Zealand on August 15. About 10,000 protesters marched in Auckland, 5000 in Wellington, 4000 in Christchurch and thousands more in other parts of the country.

The TPP is a free trade deal being negotiated by countries on the Pacific rim: the US, Australia, Singapore, New Zealand, Chile, Brunei, Canada, Malaysia, Mexico, Peru, Vietnam and Japan. These countries represent about 40% of global GDP.

Why there been almost no reconstruction in Gaza


Palestinians in Gaza’s Jabaliya refugee camp demand the rebuilding of homes destroyed during Israel’s 51-day assault on the territory last year, June 15.

Until July, not one of the homes destroyed during Israel’s assault on Gaza last year had been rebuilt. Why?

Israeli rights group Gisha, which monitors Israel’s siege of Gaza, tries to provides answers in a recent analysis, “Where’s the housing boom?”

Trouble coming? If China sneezes, the world gets Asian flu

The one thing neoliberal touts want us to forget is that the effects of the Global Financial Crisis of 2008 have never been overcome – and are still felt today.

There is no such thing as everlasting “natural growth” in the world economy. As John Maynard Keynes long ago pointed out, capitalism “seems capable of remaining in a chronic condition of sub-normal activity for a considerable period without any marked tendency towards recovery or complete collapse”.

Greece: SYRIZA central committee members resign, new left group to challenge in elections

Fifty-three members out of SYRIZA's 201-strong central committee, have resigned on August 26 in protest at the new bail-out deal SYRIZA signed that agrees to the type of brutal austerity measures SYRIZA was elected in January to oppose, Enikos.gr said that day.

Most have joined the Popular Unity movement, supported by former members of SYRIZA's Left Platform that will run on an anti-austerity platform in new elections called when SYRIZA Prime Minister Alexis Tsipras resigned recently.

Britain: Thousands die within a year of being declared 'fit to work'


Photo: dpac.uk.net.

Campaigners warned on August 27 that reports that 2380 people died within months of being branded “fit for work” under the British government's new welfare laws grossly underestimate the true impact of invasive government assessments into the lives of severely ill and disabled people.

Tony Abbott’s woes mount as public deserts him

New polls show that had an election been held in mid-August, Tony Abbott's federal Coalition would have suffered a 7.5% swing against it. The Prime Minister’s prevarication on marriage equality and the scandal over entitlements are fueling the dissent.

The IPSOS-Fairfax and Essential Research polls revealed that the Coalition would have lost between 36 and 44 seats — with Labor and the Greens being the main beneficiaries.

Ecuadorians struggle for land reform and food sovereignty


Ecuadorian chapter of the The Latin American Coordination of Rural Organisations, which is calling for the creation of a Agrarian Council. Photo via TeleSUR Eglish.

More than 6000 people and 500 group have participated in public meetings on a proposed land law with the government of President Rafael Correa.

China's economic woes foreshadow global slowdown


Factory making high-speed trains, a symbol of China's rapid growth.

The dramatic slowing of China’s economy has significant consequences for world growth. Official statistics likely overstate China’s official growth rate of 7%.

How troubled Chinese capitalism is exposed by Tianjin, rising debt


Tianjin residents protest, August 20.

Capitalism with Chinese characteristics is in some strife. This is largely because the government’s attempt to keep growth at an unsustainable 7% a year is fuelled by equally unsustainable debt.

Corporate and local government debt has grown by 50% since 2009, and total debt, which includes household debt, is now close to 187% of GDP.

GREECE: PROSPECTS FOR THE FIGHT AGAINST AUSTERITY

Parramatta Activist Centre, 3/27 Macquarie St, Parramatta
Green Left Weekly Forum with speakers: Vivian Messimeris, Dr Michael Karadjis & more.

Event date: 
Sat, 29/08/2015 - 2:00pm
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