Economics

Working shorter hours: 38 companies in the USA are testing the 4-day week

After success stories from Iceland and news about the large-scale field trial in Great Britain, a pilot project on the 4-day week is now starting in the USA. 38 companies are testing the 4-day week while the results are being…

Greece: Energy companies must give up 90 percent of their extra profits to cover electricity costs for citizens

Energy and power companies are among the biggest beneficiaries of the current crisis. Bills are skyrocketing for the population, while energy suppliers are making billions in profits. In Greece, energy companies must now pay 90 percent of their excessive crisis…

Why African Elites Need Honorary Medals for Corruption

Without a doubt, Africa’s political history has indeed documented that power collapses, absolute power collapses absolutely. The worst scenario is political power fraught with deep-seated corruption, lack of transparency, and lack of public accountability. This has been the case, over…

India’s paradox: 47°C in April and burning coal

The country, which was coming off its warmest March in more than a century, has faced the hottest April temperatures on record while 70 per cent of its electricity is generated by the dirtiest source: coal. By Pablo Rivas/El Salto…

Interview with Marcelo Castillo, spokesperson of the Coordinating Committee for the renationalization of Copper and Big Mining in Chile

We interviewed Marcelo Castillo Duvauchelle in his capacity as spokesperson for the Coordinadora por la Renacionalización del Cobre y la Gran Minería, as we were interested to know what he thinks of the deliberations that have taken place regarding the…

‘Theft’ of foreign assets becoming ‘habit’ for West – Lavrov

Russia’s foreign minister has slammed the top EU diplomat’s idea of seizing Russian government reserves Seizing Russia’s foreign-exchange reserves would be nothing short of “theft,” Russian Foreign Minister Sergey Lavrov said on Tuesday. Such an idea was recently floated by the EU’s…

General Dynamics shuts out critics, “radical skeptics”

On May 4th, General Dynamics held its annual shareholder meeting. This meeting took place virtually, possibly in response to last year when shareholders were able to directly engage with the General Dynamics Board and ask how they justify the destruction…

Defending worker cooperatives

Worker cooperatives have succeeded in recovering factories and companies and in undertaking many valuable projects that dignify men and women through work in solidarity. However, on occasions, justice does not accompany the effort. By Dr. Miguel Julio Rodríguez Villafañe Work…

How to Divest. In the Town of Wall Street, Applaud the NYC Comptroller Brad Lander, the NYC Council and Amalgamated Bank.

In recent years we have full out launched into another nuclear arms race, without discussion of facts nor citizen input. By far, we have put forth the largest outlay in history for our Pentagon budget. Instead of using the wisdom…

On wages, universal and unconditional basic income and Buen Vivir: there is much to think about and do!

In a capitalist society, wage controversy is a difficult obstacle to overcome. And in a capitalist society like Brazil’s, this controversy easily becomes even more complex. Wage differentials often appear as an expression of inequalities, concealing their economic nature. Thus,…

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