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Jobs go in TCF

By on February 25, 2009 in Capitalist Financial Crisis, Social justice

On this blog are links to news reports of yesterday’s announcement by Pacific Brands of the loss of 1850 jobs through the closure of their clothing manufacturing in Australia that will affect the whole TCF Industry. The Textile Clothing and Footwear Union of Australia – www.tcfua.org.au – which represents the vast majority of workers affected [...]

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China labour contract law – no teeth

By on February 24, 2009 in Capitalist Financial Crisis, China

I have been reporting on this blog China’s new labour laws. Here is one report ‘China’s New Labor Law Falling By Wayside Amid Financial Crisis.’ (U.S. Daily Labor Report, http://www.bna.com/products/labor/dlr.htm) BEIJING—China’s much-vaunted labor contract law is losing its teeth amid the global financial crisis, labor rights groups have reported, as local governments back away from [...]

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How bad can get it?

By on December 18, 2008 in Capitalist Financial Crisis

The Portuguese Communist and Nobel Prize-winning author, Jose Saramago published Blindness (1995) a novel in which an entire society loses the ability to see. Everything goes white. The blindness starts with a few cases, spreads, and becomes a pandemic. We can suppose that Saramago is thinking about ethical blindness. Nonetheless, for any moral to convince, [...]

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Capitalising the banks

By on October 27, 2008 in Capitalist Financial Crisis

Full and partial takeovers of banks are reviving interest in their nationalisation as a good in itself. This notion has significance here because the failure of the Chifley government’s failure to do so in the late 1940s served as a sop “true believers” in the ALP’s milk-and-water Socialist Objective. Hence, it is important to understand [...]

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