Political Economy

Thailand: Past the point of no return

Source: Links – International Journal of Socialist Renewal By Danielle Sabai

European radical left statement on the crisis

The Socialist Workers Party has helped initiate an international statement on the economic crisis and solidarity with Greek workers, students, unemployed, pensioners and young people.

Social Security: Crisis and Solutions

In this feature of Worlds of Labour website, we invited activists from Germany, UK and China (Hong Kong) to illustrate and comment the changes of social security systems in their own countries and region. They point out the existing problems and proposes improvements.   Previous Special Reports

Tidbits of a biography of an ordinary german worker

By Helmut Weiss With this short piece I try to explain the social system - and it's changes - within which a german worker normally lives. Outlining the life of my elder brother to explain such relations was an idea I had after discussing with him and chinese partners about how to make more understandable the dimensions of society.

Pensioners and Poverty: the British Pensions Crisis

By Rachel Page Old age poverty is a problem facing many pensioners in Britain today. Instead of living safe in the knowledge that that they will have what they need to live out a peaceful retirement, many of Britain’s 11 million pensioners face uncertainty about their futures after they retire. According to official data published by the Office for National Statistics (ONS) on Inequalities and Poverty in Retirement, 2 million pensioners were estimated to be living in poverty in Britain in 2007/8, while over 30% of households made up of single people over the age of 60 were reported to have been suffering from fuel poverty, meaning that they would have to spend more 10% of their income on fuel in order to maintain a satisfactory level of heating. Actual figures for today are likely to be higher than this due to rises in fuel prices and the impact of the economic crisis.

(This article is written in Chinese only)

(This article is written in Chinese only.)

The fight is on at British Airways

by Sadie Robinson Source: Socialist Worker Online. 19 March 2010 Factsheet: British Airways Strike - The Facts Unite union officials have confirmed that a three-day strike of British Airways cabin crew will go ahead. It begins tomorrow. The announcement follows an angry mass meeting today where cabin crew demanded that union officials go ahead with the action.

China's free-trade shot in Asia's arm

By Marwaan Macan-Markar Source: Inter Press Service via Asia Times BANGKOK - China and, initially, six of its Asian neighbors enacted the world's largest free trade area at the start of the year. Billed as a welcome boost for the economies of its Asian partners, some analysts also see it as a panacea for the region as they battle through the global financial crisis. Such optimism stems from the free-trade pact cementing a relationship that has seen the value of trade between the world's fastest-growing major economy and the 10-nation Association of Southeast Asian Nations (ASEAN) jump six-fold since 2000 to US$193 billion.

Thousands rally against free trade treaty in Surabaya, Semarang

The Jakarta Post,  Thu, 01/21/2010 Thousands of workers took to the streets in Surabaya, East Java, and Semarang, Central Java, on Thursday to protest the implementation of the ASEAN-China Free Trade Agreement (ACFTA), Antara state news agency reported. The protesters in Surabaya, who came from the East Java regencies of Gresik, Sidoarjo, Pasuruan, Mojokerto and Jombang, staged their protest rally outside the East Java Legislative Council on Jl. Indragiri.

Postal workers have to pay for privatization

Lot van Baaren, Paul Benschop Source: International Viewpoint Online magazine : IV421 - February 2010 It’s 1989, PTT Post, the Dutch state-owned postal company, is privatized. During the following years the company is split up in different parts responsible for postal deliveries, telegraph and telephones. The different parts are made independent and the stocks are sold on the market. The post is not the only publicly owned or controlled company that is privatized and sold off. The Dutch railways, the former state-owned mines – now a chemicals company – and public services follow. Neoliberalism and all it entails has become the dominant way of thought.
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