Archive | US politics RSS feed for this section
yraw voting-badge

MPs pattern bargain but not workers

In the Financial Review yesterday, DPM Gillard remains tough in Labor’s crack-down on pattern bargaining. Pattern bargaining – industry-wide industrial action in pursuit of an industry agreement or identical enterprise agreements – is like workChoices specifically prohibited by her Bill (sections 412 and 422). Her “Fair” Work Bill retains all of the WorkChoices repressive regime […]

Read full story Comments { 0 }
The G-20 vs. the G-6 Billion

The G-20 vs. the G-6 Billion

The message from last weekend’s G-20 summit meeting on the global economy must be a parody of Samuel Beckett’s Waiting for Godot: The game can’t go on. The game must go on. In the face of the worst financial crisis since the Great Depression, European leaders had flirted with the idea of actually trying to […]

Read full story Comments { 0 }
Global unions response to G20

Global unions response to G20

Trade union leaders from the G20 countries put forward a comprehensive plan to turn around the global economy, in meetings with world leaders in Washington DC on the eve of the financial crisis summit hosted by the US government on 15 November. The top level union delegation will discuss the plan with IMF Managing Director […]

Read full story Comments { 0 }
US labor against war

US unions mobilized

US unions sucessfully mobilized unionists and workers to vote for Obama and for reforms: on the economy, for green jobs and alternative energy, higher minimum wages, health care, rights to join a union, withdrawing troops from Iraq and ending the Reagan-Bush right wing political era. Follow the US union movement’s commentaries. The AFL-CIO blog http://blog.aflcio.org/ […]

Read full story Comments { 0 }
profit

After black friday… if she blows!

If she blows? by Humphrey McQueen 11 October If it is dodgy to speculate about the timing of, or the immediate trigger for a depression, six consequences can be predicted with almost 100% accuracy. >Above all, a collapse of real existing capitalism is not going to move the world one toenail closer towards being a […]

Read full story Comments { 0 }
Socialist project logo

Socialists on the financial crisis

This is a link to a challenging socialist analysis of the current world capitalist financial crisis by Leo Panitch and Sam Gindin ‘They say they won’t intervene. But they will.’ This is how Robert Rubin, Bill Clinton’s Treasury Secretary, responded to Paul O’Neill, the first Treasury Secretary under George W. Bush, who openly criticized his […]

Read full story Comments { 0 }
McQueen on 'How to lose a trillion' and 'McValue'

McQueen on ‘How to lose a trillion’ and ‘McValue’

How to lose a trillion. (2 October) When the radio news reported that the New York Stock market had “lost” a trillion dollars, my eyes glazed over. A trillion is what Douglas Hofstader calls a Very Big Number, meaning that we have no way of coping with so many zeros after the one ($1,000,000,000,000). Those […]

Read full story Comments { 0 }
Marx on profit

Humphrey McQueen on the capitalist crisis

Freelance left labour historian Humphrey McQueen as guest comments on the capitalist crisis: exploitation the basis, it’s not socialism and all capitalists are parasites. Exploitation leads to over-consumption Even if $US700bn cauterises the collapse of the sub-prime mortgage market, it will not touch the core of the crisis. The root cause is the exploitation of […]

Read full story Comments { 0 }
Capitalist financial crisis September 2008

Capitalist financial crisis September 2008

Financial crisis: working families need protection IR and labour law policy issues in other posts commenting on the Labor governmen cannot but be connected to the capitalist crisis dramatically unfolding with bank and business crashes daily. It is on-going and impacting on working families. This is clear reading the weekend’s press, following Stephen Long daily […]

Read full story Comments { 0 }