Social Democratic Political parties across the globe have been called to develop greater capacities to address the burden of inequalities imposed on developing nations by the unfair world economic order. “Most vulnerable segments of the population in the developing nations continued to bear the heavy burdens imposed by world economic system garrisoned […]
G8 summit: what for?
The G8, the group that houses the eight most powerful countries in the world, is meant to (in theory) get the most powerful heads of state together for them to discuss the present and future of the world in which, like it or not, they have a decisive influence on. But lately, there has been […]
Japanese cars dominate American markets
American car companies are producing more and more units each day. But they don’t generate enough revenues to keep their operations going. As a consequence, an inevitable reduction on the number of workforce that they can afford to pay is taking a heavy toll on production due to constricting sales. Who is to blame for […]
The Haymarket Massacre
The Haymarket Massacre Today, May 1st is considered a holiday around the world. May Day has been celebrated since early pagan days in Europe. It was celebrated as the first day of summer. Today May Day is connected more with the labor movement. The connection started with the Haymarket riot of Chicago […]
Free trade puts millions of American jobs at risk
Despite its robust economy, the United States is poised to feel the labor crunch as manifested by the recent job cuts imposed by big corporations just to keep their sagging operations afloat in keeping with their remaining resources. Independent economists have predicted that the problem will be exacerbated further by the emergence of globalization which […]
Joseph Stiglitz – Notes on his book-chat at The New School Univ. (NYC)
This is not a book review. I have not read Joseph Stiglitz’s book "Making Globalization Work." That being said… last night (12/05/06) Nobel Prize winning economist Joseph Stiglitz spoke at the John Tishman auditorium at The New School University (NYC) to a crowd of about 500. He shared some highlights from his new book "Making […]
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