by INA ALLECO R. SILVERIO Bulatlat.com It’s not every day that one gets to hear about a society where workers are given the respect they so well deserve as creators of society’s wealth. Last July 12, the Philippine Chapter of the International League of Peoples’ Struggle (ILPS) sponsored a talk with Venezuelan activist Alexis Adarfio.…
Tags: global economy
Financial Collapse, Systemic Crisis ?
Illusory answers and necessary answers* To attract the attention on the financial collapse is not enough. Behind it, a crisis of real economy is standing out, since the financial drift was continuously asphyxiating the growth of the production basis. Solutions brought to the financial crisis can just lead to a crisis of the real economy,…
Crisis Talks to Confront Dueling Demands*
Leaders of the world’s 20 biggest economies will confront dueling demands for action when they gather here Saturday in the highest-level acknowledgement so far that the global economy is in crisis. The most spectacular and damaging financial crisis in more than half a century has spurred a flurry of measures and proposals to stabilise markets,…