economy

Who Rules The World?
By Noam Chomsky
Hamish Hamilton, 2016

Noam Chomsky, who turns 88 this month, revolutionised the study of linguistics in the second half of the 20th century, starting with books like Syntactic Structures (1957) and Aspects of the Theory of Syntax (1965). He remains professor emeritus at the Massachussetts Institute of Technology.

President-elect Donald Trump announced on November 30 that former Goldman Sachs partner Steven Mnuchin — a man described as “the anti-populist from Hell” — is his pick for treasury secretary.

Chavistas march against right-wing attacks in September.

The government of Hugo Chavez, who was first elected in 1998, helped lead the Bolivarian revolutionary process that made impressive social gains by redistributing oil wealth and promoting participatory democracy.

Since Chavez’s death in 2013, the Bolivarian government led by President Nicolas Maduro has faced mounting problems. In recent times, a worsening economic crisis has undermined the revolution’s gains and, along with political gains by the counter-revolutionary opposition, has raised questions about the survival of the revolution.

“Despite the fact that Australia’s on the verge of becoming the world’s largest exporter of LNG [Liquified Natural Gas], there’ll be no new revenues from the primary tax on oil and gas for the next two decades and perhaps even longer,” Tax Justice Network (TJN) researcher Jason Ward said on October 10.

The TJN is a coalition of churches, welfare groups, unions and other civil society organisations.

This primary tax is the Petroleum Resources Rent Tax (PRRT), initiated by Bob Hawke’s Labor government in the 1980s.

Haitham Mohamedain is a prominent Egyptian labour lawyer and member of the Revolutionary Socialists who has been unjustly jailed repeatedly by the military regime led by President Abdul-Fattah el-Sisi.

In April, Mohamedain was detained again as part of a crackdown on a new wave of protests against the Sisi regime, including its transfer of two Red Sea islands to Saudi Arabia.

The influence of president-elect Donald Trump’s attack on “elites” is taking hold in the Australian parliament, with the Coalition attacking “latte-sipping” opponents of coal mining and joining enthusiastically in a debate questioning climate science in the Senate.

The Bersih 5.0 demonstration for clean elections and against corruption in Malaysia made a huge splash on November 19 despite threats of serious repression. The night before the demonstration, at least 10 prominent figures (including key organisers of the rally) were arrested.

As expected, once Brazil’s October regional elections were over, the Michel Temer government launched a large-scale offensive against workers, youth and the people in general.

At the heart of this offensive is Constitutional Amendment Proposal (PEC) 241, which essentially imposes a freeze on government expenditure for the next 20 years.

Imperialism in the Twenty-First Century: Globalization, Super-Exploitation, and Capitalism’s Final Crisis
By John Smith
Monthly Review Press, 2016

On April 24, 2013 a clothing factory in Rana Plaza, Dhaka, Bangladesh collapsed, killing 1133 workers and injuring 2500 others.

This image of super-exploited, fatally-trapped workers, hemmed in by national borders and racist migration policies preventing them from moving to safer, better-paid work opens John Smith’s book — and illustrates his outrage.

Moroccan protesters have taken to the streets in recent days, taking advantage of the global spotlight provided by the November 7-18 United Nations COP22 climate talks in Marrakech. Mouhcine Fikri could have been any one of them.

Fikri was the fishmonger whose awful death in the back of a garbage collection truck was caught on mobile phone footage that subsequently spread across social media to ignite large demonstrations in Morocco.

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