Economy

From January 24-29, the Brazilian city of Porto Alegre was again the staging ground for the World Social Forum (WSF), an annual international gathering of anti-globalisation and anti-capitalist activists. Among the various movements present, one of the most visible was Brazil's Movement of Landless Rural Workers (MST), possibly the largest social movement in Latin America.

US gangster Al Capone once said: “Capitalism is the legitimate racket of the ruling class.” 19th century US president Thomas Jefferson said: “Banking institutions are more dangerous to our liberties than standing armies.”

Nearly 10 years of a mining boom has made big changes to Australia’s economy and environment. Resource companies have made record profits. This has given Australia’s rich mining billionaires an inflated sense of entitlement. When the Resources Super Profits Tax (RSPT) was proposed we saw Gina Rinehart speaking to an anti-tax rally from the back of a truck along with fellow billionaire Andrew Forrest, who wore a high-visibility work shirt as though he was just another struggling worker.

Childhood Under Siege: How Big Business Ruthlessly Targets Children Joel Bakan Random House, 2011 277 pages Parents who read Joel Bakan's new book, Childhood Under Siege, may find themselves un-liking Facebook. In it, the law professor ― whose previous book The Corporation was made into Canada's biggest-grossing documentary ― describes the effect of the social media giant's applications on his 13-year-old daughter.

Friends of the Earth Australia released the statement below on February 3. *** Friends of the Earth have refuted claims made today by the National Irrigators Council (NIC) that environment groups want government to deliberately flood people’s homes during the current NSW flooding. “This absurd statement has no factual basis and reveals a callous desire to exploit fear for political gain,” said Murray-Darling Friends of the Earth Campaigner Jonathan La Nauze. “We extend our hearts to those people battling floodwaters in NSW and wish them every assistance.

These days when an online conversation turns to international affairs, even here in Australia, it’s not long before the Ron Paul supporters arrive. Not since the height of Obamania have so many Australians been so enthusiastic about a  US politician. But what makes the passion about Paul even more remarkable is that he’s a Republican — and many of his local fans identify as progressives.

Occupy Sydney occupied the head office of Westpac in Sydney on January 30 to protest against the axing of 188 jobs.

Protesters march back to city square to rattle the fence.

United States politicians have, for the moment, succumbed to pressure of a growing campaign against the Stop Online Piracy Act (SIPA) and the PROTECT IP act (PIPA). The campaign has involved forces ranging from independent bloggers and content producers to internet giants Wikipedia, Reddit, Facebook, Twitter and Google In response to protests, the proposed acts have, for now, been shelved.

The nationwide strike in Nigeria against a petrol price hike ended under rather curious circumstances on January 16. The strike called by trade unions had crippled the economy, save for the fact that the oil pipelines continued to deliver their load. Labour leaders and civil society coalitions entered into dialogue with a government that favours monologues. It was not surprising that the game was over before the labour leaders knew it.

The article below is a joint statement released by left parties from Pakistan and Afghanistan, who took part in a conference in Lahore over December 21-22. It is reprinted from Links International Journal of Socialist Renewal. * * * The progressive and democratic forces of Pakistan and Afghanistan met in Lahore for two days in the first ever joint conference.

The high profile shutdown of file-hosting company MegaUpload on January 20, and the arrest of CEO Kim Schmitz (aka Kim Dotcom) and other executives for allegedly operating a global pirating network, is the latest shot in the war over freedom on the internet.