democracy

Six US banks control 60% of GDP

“They are Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo. They have assets equivalent to 60 percent of our gross national product.

“And to put this in perspective, in the mid-1990s, these six banks or their predecessors, since there have been a lot of mergers, had less than 20 percent. Their assets were less than 20 percent of the gross national product.”

On May 8, 70 people from local groups joined with Socialist Alliance to march through Brunswick’s Barkly Square shopping centre, demanding management allow community stalls, including those held by the Socialist Alliance, to resume.

Protesters had a replica of the original cage that radical artist and Communist Party of Australia member Noel Counihan spoke from in the 1933 free speech battles in Brunswick. A speak-out was held in the shopping centre, defying police and security guards.

The Socialist Party of Malaysia (PSM); Working People's Association (PRP) of Indonesia, People’s Democratic Party (PRD) of Indonesia, Turn Left Thailand, Partido Lakas ng Masa (PLM) of the Philippines, Socialist Alliance of Australia, and Solidarity (Australia) issued the following statement on April 10.The Socialist Party of Malaysia (PSM); Working People's Association (PRP) of Indonesia, People's Democratic Party (PRD) of Indonesia, Turn Left Thailand, Partido Lakas ng Masa (PLM) of the Philippines, Socialist Alliance of Australia, and Solidarity (Australia) issued the following statement on

Brazil at a crossroad; the campaign for democracy

Brazilians current president Temer is enacting a militarisation of Brazil. Ten human rights activists have been murdered in the last five months, including prominent socialist, lesbian councilor Marielle Franco. 

Alongside this attack on democracy is a vicious privatization campaign aiming to transfer wealth from the poor to the rich. 

Brazilians are responding through mass protests, including hundreds of thousands rising up demanding justice for Marielle Franco. 

Activist Centre, 3/29 Macquarie St, Parramatta
Spiralling poverty, deprivation, price rises and chronic unemployment are behind the latest round of anti-government protests in Iran that began in late December. Speakers: Rupen Savoulian from Socialist Alliance will present some historical context about previous anti-dictatorship struggles; Ronahi Qandil, a Kurdish activist, will speak about the current situation. Ronahi was jailed by the Iranian government when she was 17.

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