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Economics

British Tax Havens resist regulation with threats of independence

“British overseas territories win reprieve after threatening legal action or secession”. The Guardian reports that “The government has been accused of defying parliament by delaying plans to require British tax havens such as the British Virgin Islands to bring in public registers…

Japan’s desperate need for migrant workers a warning for the UK

Caroline Nye, University of Exeter for The Conversation Japan brought in a controversial new labour policy at the end of 2018 which will open up blue-collar jobs to workers from countries such as Nepal, Thailand, the Philippines and Vietnam. The…

Hungarian protests call for general strike and a regime change

The wave of protests that started in December resumed last week with several smaller protests all over different towns of Hungary culminating in a larger demonstration in Budapest on Saturday.  Not long before Christmas, the Hungarian Parliament passed the Overtime…

Street vending is legal in Los Angeles after a decade of organizing

By Adolf Alzuphar and Ivy Beach Street vending was legalized in Los Angeles on Jan. 1, marking an important victory for economic and immigrant justice in the city. This comes after statewide decriminalization through the Safe Sidewalk Vending Act, or…

Thanks Mr Trump for showing what a Brexit “shutdown” would look like

Weeks into Trump’s border wall tantrum “talks were due but as the nation digested the president’s rambling, contradictory and combative remarks at a White House press conference on Friday, potentially devastating effects of the shutdown were coming into focus. The Supplemental…

Will 2019 bring opportunities to change the system?

By Howard Richards Some of us think 2008 was a lost opportunity. Humanity had a chance to change course to save itself and the biosphere. We blew it. Could 2019 be a second chance? The reason why 2008, instead of…

Solidarity Economy to Change the Course of History: Six Theses for Conversation

By Howard Richards 1. A new economy (or economies), in other words a new social structure (or structures), whose principle is solidarity, is necessary, not optional. 2. It is impossible to construct the new economy using only the best-known old…

Africa Poverty Clock Launched on UNECA’s 60th Anniversary

By Devendra Kamarajan ADDIS ABABA (IDN) – The United Nations Economic Commission for Africa (ECA) at its 60th anniversary celebrations in Addis Ababa has launched the Africa Poverty Clock, a customized version of the world poverty clock developed by World Data Lab, aimed at monitoring progress…

What are the commons and what is their political, social and economic relevance?

By Daniel Chavez In recent years, many researchers and social activists from very different countries, like myself, have rediscovered the notion of the commons as a key idea to deepen social and environmental justice and democratise both politics and the…

The enemy between us: how inequality erodes our mental health

By KATE PICKETT and RICHARD WILKINSON for openDemocracy Inequality creates the social and political divisions that isolate us from each other. When people are asked what matters most for their happiness and wellbeing, they tend to talk about the importance of their…

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