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POSTS FOR "Economic and Socio-Cultural Rights"

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The poor cuts down on staples as price hikes continue

The poor cuts down on staples as price hikes continue

When asked about the country’s inflation rate, Jemelie Polinar, a mother of three, let out a sigh as she picked the freshest yet cheapest squash. “To be honest, I don’t know anything about those numbers. What I know is that the poorest of the poor are suffering the most. This is our daily reality, from the increased transportation costs to the food we need.”

Analysis | Record oil price hikes: People must rage against neoliberalism

Analysis | Record oil price hikes: People must rage against neoliberalism

According to the Organization of Petroleum Exporting Countries (OPEC), there is "no physical shortage" of oil. So, what is happening then? As in the case of major oil price volatilities this century, excessive speculation in the oil derivatives markets is pushing up prices, not the disruptions in oil's actual or physical trading.

Interview with Sonny Africa on IBON’s analysis on the PH economic crisis

Interview with Sonny Africa on IBON’s analysis on the PH economic crisis

The stinginess of the Philippine government’s COVID-19 response only reflects how thoroughly the state has internalized its role as prioritizing the interests of capital over the working classes. It is not spending what needs to be spent on COVID-19 containment, health measures, assistance to distressed families and small enterprises, and others.

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