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In 1978, Deng Xiaoping, who Mao Tse Tung called a “capitalist roader”, initiated an economic reform program labelled “market socialism.”
Within two decades, China had managed to transition from a closed communist state to an open centre of dynamic capitalism with the greatest economic growth rates in human history.
After the onset of the Global Financial Crisis (GFC) in 2008, China immediately injected $US586 billion into its economy in classical Keynesian counter-cyclical stimulus spending. The next year, it began the largest fixed investment stimulus program the world has ever seen.
The manifesto below was developed to promote a vision for a “plan B” against austerity and the assault on democracy by European elites. It has been signed by dozens of activists, academics and political figures, including former Greek finance finance minister Yanis Varoufakis, Barcelona mayor and housing rights activist Ada Colau, former Greek parliamentary speaker Zoe Konstantopoulou, British film maker Ken Loach and renown intellectual Noam Chomsky.
Well my only New Year's resolution was to have no hope the status quo would somehow miraculously change itself in 2016 — and it is a resolution that has proven all too easy to keep.
For instance, any hopes that changing the “five” to a “six” on the annual calendar would lessen the misogyny strangling decency in this country were pretty quickly defeated.
Families struggling on low incomes and the environment will benefit from an innovative crowdfunding campaign to install solar hot water systems made by the Earthworker Cooperative in homes. The campaign is supported by organisations such as the Father Bob Maguire Foundation, Aboriginal Housing Victoria and Common Equity NSW.
The first installation of a solar system funded by the "Give Tanks" campaign took place on January 12 in a home managed by Aboriginal Housing Victoria.
In the past few years, private investors backed by corporate interests such as global banks, financial firms, hedge funds and food giants have bought a huge amount of farmland across the global South.
Venezuela's rate of extreme poverty has continued to decline despite what the government has described as an “economic war” by right-wing opposition-aligned business sectors.
TeleSUR English said on January 17 that the latest official figures showed about 4.78% of Venezuelans now live in extreme poverty. That figure is slightly lower than those reported in November, which put the extreme poverty rate at 4.9%.
Waterfront workers at Hutchison Ports terminals in Sydney and Brisbane are "back in the gate now," and "normal work is proceeding" Maritime Union of Australia (MUA) Sydney branch assistant secretary Joe Deakin told Green Left Weekly on January 20. Settlement of the long-running dispute which began on August 6 last year was finally achieved in December.
A History Man’s Past & Other People’s Stories: A Shared Memoir. Part One: Other People’s Wars
By John Tognolini
2015, 160 pages
pb $24, ebook $5
Order the book
The following statement was issued by Women's Freedom Assembly (KÖM) in Turkey/North Kurdistan on January 18. Translation abridged from Jadaliyya.com.
* * *
The Women’s Freedom Assembly is calling for your solidarity against the war and massacres that we have been living through for the past eight months.
Protesters gathered outside the former Pentridge Prison on January 16 to say “no” to the planned residential Pentridge tower.
A plan to build a 19-storey apartment complex within the walls of the former Pentridge Prison was lodged over the Christmas period. The proposed residential tower will totally dominate and overshadow the guards’ watchtower.
It will also be the tallest building in Moreland. This would set a precedent for no limits on the height of buildings in central Coburg.
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