austerity

Canadian activist and writer Naomi Klein is the author of books that have helped define the thinking of the left for the past several decades.

Last month, Klein talked to Alan Maass about the whiplash pace of natural disasters and the unnatural factors that make them worse — and how we can fight back while working toward an alternative.

Nearly 2000 retired workers and Social Security department workers gathered in Athens on October 3 to protest “inhumane” cuts to pensions.

An army of 1500 senior citizens marched behind banners, chanting “shame on you” and calling for the government to cancel the memorandum that has led to ongoing cuts since 2010, with further cuts set for 2019.

Puerto Rico is facing a huge humanitarian crisis after being hit by two super-strong hurricanes. It suffered a glancing blow by Irma and then a direct hit by Maria, both storms greatly strengthened by warmer ocean water caused by climate change.

The crisis is still unfolding weeks after Maria hit. The full picture and extent of the damage will not be known for some time.

Nathan is a young London-based activist who has joined the British Labour Party as a supporter of the platform of socialist leader Jeremy Corbyn. A student who is part of the National Campaign Against Fees and Cuts and a member of Socialist Resistance, Roberts was recently in Australia for the Radical Ideas conference in Melbourne organised by Resistance: Young Socialist Alliance over August 18-20.

The federal government has proposed a drug testing trial for new welfare recipients.

Prime Minister Malcolm Turnbull described the proposed policy as being “all about love”, saying: “If you’ve got a friend who is on drugs, what do you want to do? You desperately want to get them off it.”

This needs to be examined.

The Andrews Labor government’s euphemistically titled Public Housing Renewal Program aims to sell a range of public housing estates across inner Melbourne in a series of public private partnerships.

These deals will hand over large swathes of land currently owned by the Department of Housing to developers and allow the construction of high rise apartment buildings. The state government wants to remove planning controls over these developments from local councils by creating a special planning committee to oversee the developments within the department.

The City of Port Adelaide Enfield, in Adelaide's northern suburbs, made history on August 8 when it became the first local government in Australia to publicly advocate for the Newstart Allowance to be raised.

The motion, calling on Port Adelaide Enfield Council to lobby the federal government to raise Newstart, as well as produce a report into how council can assist local unemployed residents who are struggling, was sponsored by Councillor Michelle Hogan, and seconded by Councillor Peter Jamieson. It was passed by 11 votes to 2.

The Democratic Socialists of America (DSA) held their national conference in Chicago on August 5 and 6, at a gathering that confirmed its emergence as stronger, younger and more radical group than it has ever been.

Before last year’s US presidential election, the DSA boasted between 7000-8000 members. Since then, it has ballooned to 25,000 members — mostly young and hungry for a fight.

I know exactly where I was on August 9, 2007. It was a hot summer’s day — “debtonation day”.

Bankers all over the world had lost their collective nerve and refused to lend to each other. The globally synchronised financial system froze, and began its descent into sustained failure. It then took more than a year, and Lehman Brothers’ collapse, before the world understood the gravity of the crisis.

Ten years on, that slow-motion crisis, a prolonged period of disinflation, noflation and deflation, is still playing out.

Pakistan’s Supreme Court ruled unanimously on July 28 to disqualify the country’s prime minister, Nawaz Sharif, from office in relation to the exposure of secret assets as part of the Panama Papers leaks.

The court has referred Sharif’s case to the country's top anti-corruption authority for an investigation into his family's offshore assets. His party, the Pakistan Muslim League-Nawaz, will have to appoint an interim prime minister to serve until the next election, due midway through next year.

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