Economy

Across Venezuela, commune activists are creating regional Presidential Councils of Communal Governance in order to play an greater role in the management of local and regional affairs in conjunction with national authorities. Communes in Venezuela are made up of representatives of groups of smaller communal councils. These councils are direct participatory organisations that help manage community affairs. Communes cover a larger territorial area than communal councils and can receive public funds for larger scale projects and responsibilities.

About 30 international guests and 120 shop stewards from the National Union of Metalworkers of South Africa (NUMSA) met over August 7 to 10 in Johannesburg to discuss building a new, left alternative to the ruling African National Congress (ANC). This challenge to the ANC by the country’s largest trade union, with more than 440,000 members, has caused shockwaves throughout the country. An August 6 Times Live article said the process was “likely to lead to the birth of a workers' party that will eventually challenge [the ANC] for power”.

Since Ecuador's president Lucio Gutierrez was ousted from power in 2005, relations between Ecuador and the United States have deteriorated with the Andean nation’s increasing rejection of US hegemony. The government of Rafael Correa, first elected president in 2006, has embraced regional integration, moving closer to its neighbours ― in particular Venezuela and Bolivia ― and further away from the US. Economically, the Correa administration has pursued policies that break with the neoliberal doctrines Washington had imposed on Latin America.

El Salvador approves progressive tax reforms El Salvador’s National Legislative Assembly passed a package of tax reforms on July 31, CISPES.org said on August 13. The laws aim to shifting the fiscal burden from the nation’s poor majority to the wealthy elite and ease the country’s dependence on international loans to finance important social investment. The bill was approved despite a fierce campaign against it in the nation’s conservative media.

Flashboys By Michael Lewis W. W. Norton, 2014 288 pp, $39.99 Michael Lewis's Flashboys has had a dramatic welcome in the United States. It swept to the top of the best seller list and was only knocked from its perch by Thomas Piketty’s Capital in the 21st Century. It is revealing of the contemporary US mindset that Flashboys, which turns the machinations of Wall Street into a classic US-style morality play, should alternate with Piketty’s history of capitalist inequality. In reality, Lewis has not produced new information.

The National Union of Students (NUS) organised a national day of action on August 20 against the federal government's changes to tertiary education.

In an action that has reverberated around the world and inspired pro-Palestinian activists, five days of pickets by activists prevented a ship from the Israeli shipping company Zim Integrated Shipping Services from unloading almost any of its cargo at the port of Oakland.

What does it say about Australian politics when a mining billionaire who rides around in a Rolls Royce becomes the people’s champion in parliament? The Palmer United Party (PUP), formed and largely funded by Clive Palmer, continues to disrupt the two-party game played by most politicians and their media supporters. To them, the PUP is “maverick”, a label that fits after Palmer’s outburst this week about “communist” China trying to “take over” Australia.

San Francisco Bay Area activists have not allowed a vessel from Israel’s largest shipping company to unload in the Oakland Port for four consecutive mornings. On August 19, at 6:45am, activists declared yet another victory against the Zim Line, which has been trying to make its way into Oakland since August 16. Lara Kiswani, the executive director of the local Arab Resource and Organizing Center (AROC), told The Electronic Intifada that they are now waiting to hear if the Zim Line will leave the Port of Oakland today with the cargo it brought.

Argentina came out swinging on August 13 against the US judge overseeing its debt default case. The Argentine government said it would not agree to restart discussions with the vulture funds anytime soon as the stalemate over Argentina's debt continues. Argentina also slammed the US District Court Judge Thomas Griesa, who said on August 8 he would fine Argentina in contempt of court unless Argentina stopped claiming it had met its obligations and was not in default. Argentine Cabinet Chief Jorge Capitanich said: “The proper conditions do not exist to negotiate.”

Hideous. Sadistic. Vicious. Murderous. That is how veteran academic and author Noam Chomsky describes Israel’s month-long offensive in Gaza that killed at least 2000 people and left almost 10,000 injured.

The Thai military marked its second month in power by unilaterally imposing an Interim Charter giving the military chieftain heading up the junta, euphemistically named the “National Council for Peace and Order” (NCPO), the power to issue any decree to “preserve public peace and order”.