Economy

United We Can. United We Can — the united ticket made up of Podemos, the United Left, the green party Equo and three broader alliances in Catalonia, Galicia and the Valencian Country — is campaigning in the June 26 Spanish general elections on a plan to reverse economic austerity.

A long political campaign in the south Indian state of Kerala has again been played out according to the pattern followed for the last few decades. The Communist party of India-Marxist (CPI-M)-led Left Democratic Front (LDF) defeated the incumbent Indian National Congress-led United Democratic Front (UDF) in May 19 elections. The elections continued the state’s recent history of swinging between the UDF and the LDF. The two fronts have alternated in power since 1982.

“When one farmer kills themselves you can call it suicide. But when a quarter of a million farmers kill themselves, how can the government call it suicide? It is genocide. These farmers are being killed by design.” So opens Cotton For My Shroud, a documentary about embattled Indian farmers and the assault on traditional rural agricultural life waged by Monsanto and the political class in its pockets.

I just returned to the United States from Rio de Janeiro, where I was researching a story on the Olympics in August for The Nation. People spoke to me about the displacement and police violence that are accompanying the games. Yet one of the hottest points of discussion emerged from outside the country: a call to move, or at least postpone, the Olympics to prevent the global expansion of the Zika virus, currently exploding in Rio.

Ecuadorean President Rafael Correa spoke out on June 1 about efforts by right-wing political forces in Latin America to oust democratically-elected governments, saying that it would set a dangerous precedent for democracy in the region. “Right-wing politicians don't just want to return to power, they want to return with a thirst for vengeance,” said Correa during an interview with Ecuador Public Television.

Indigenous communities representing various nationalities marched through the streets of Caracas on June 2 to show their support for the government of Nicolas Maduro and Venezuela’s Bolivarian Revolution. The groups taking part in the demonstration were responding to a call made by the government to develop grassroots solutions to the economic crisis the country is facing.

 Venezuelan President Nicolas Maduro at a demonstration in support of the government's emergency economic measures emergency measures, Caracas, May 14. Photo via AVN.

Agustin Otxotorena, a Basque executive living in Caracas, grew tired of constant calls from friends and relatives in Spain telling him that there was no food in Venezuela. So on May 20, he began publishing photos on Facebook of supermarkets in upscale sectors of Caracas filled with goods.

A general strike rocked France in late May in the latest escalation of protests and workplace actions against the government's attempt to scrap long-standing protections for workers. The economy ground to a halt as dockworkers in port cities, workers in oil refineries and nuclear power stations, airport and Paris metro workers and many more took action. Workers took to the streets on May 26 with massive protests. Unions estimated that 300,000 people took part in demonstrations, including railway workers, postal workers, students, low-wage workers, the unemployed and retirees.

This banker-premier's salesman's smile has well and truly worn thin. The Mike Baird Coalition government of New South Wales is on the nose.

Is there anything more wretched and dishonest than the suggestion by pro-capitalist media commentators that any attempt by working people to claw back a fraction of the wealth they create every day represents the "politics of envy"? It is even more poisonous when coupled with an effort to breed resentment towards fellow workers who have managed to fight for and win better wages and conditions that others. An example is the crass attempt to whip up outrage about Victorian construction workers winning a 15% wage rise over three years.

Australian capitalism is still relatively profitable by international standards. But the structural adjustments underway to compensate for the end of the mining boom are already having a dire impact on poor and middle income people.