The South African Civil Society Information Service
A nonprofit news agency promoting social justice. Seeking answers to the question:
How do we make democracy work for the poor?
A nonprofit news agency promoting social justice. Seeking answers to the question:
How do we make democracy work for the poor?
Ebrahim-Khalil Hassen -
There is some confusion over whether the idiom should be a "600 pound gorilla" or the much larger "800-pound" creature. The usage also differs with some using it as a form of praise for companies that have dominant positions in markets, and others using the idiom to describe a difficult situation, which is not being addressed.
One would hope that public policy analysis would be as simple as identifying the gorilla, but the power underlying public policy choices is...
Saliem Fakir -
One of the obvious and glaring things about the financial crisis is how much of it involves saving the rich rather than the poor. And, how much the poor continue to be disadvantaged by the failures and reckless pursuits of the rich – there is certainly a deferment of their interests.
Noam Chomsky, in a recent article of the Boston Review (September/October 2009), showed how other pressing crises such as food shortages, desertification and lack of progress on the Millennium Development...
Saliem Fakir -
No sooner had Zuma confirmed his cabinet and a select few in the whining caucus already started complaining that industrial policy is best left to the private sector to sort out. All government needs to do is dish out the incentives, lower the taxes for exporters and ensure wage expectations are kept to the minimum.
So long as government does this, the private sector will do its level best to pick the winners. Such cynicism against government intervention must be met with...
Saliem Fakir -
The recently released Framework for South Africa’s Response to the International Economic Crisis (19 February 2009), by the Presidency, calls for all South Africans to work together and build social solidarity to get us out of this crisis.
But how the one part of South Africa comes to the party with the other is entirely asymmetric, as the weaker half will come limping rather than race to the cause.
The document declares noble ideals to strive for. To get there and build a truly...
Glenn Ashton -
It is clear that we have entered a global economic fire-storm. There are inevitable comparisons between the Great Depression which also began on Wall Street and which will affect each of us, where ever we live, as if we were US citizens.
Besides comparisons being odious, no two historical events are ever identical in either cause or effect. There certainly may be similarities between the Great Depression and the Pretty Damn Massive One into which we are now sinking. Those in the navigation...
Shortly after the G7 meeting last Friday, US Secretary Paulson announced that the Bush administration would move to 'sort of' nationalise some banks. But Pepe Escobar argues that this won't be enough to calm the markets in the current financial crisis, particularly as everybody is ignoring the elephant in the room - the massive US trade deficit. Corporate US offshores everything. With a smaller US deficit, the world would not have been so polluted by so many toxic US finance instruments,...
