economics
European economic stagnation: diagnoses and treatments
Trade unions in Greece have announced a general strike against austerity to take place on November 27, 2014.
Venezuela: The political economy of inflation and investment strikes
Hugo Chavez addresses oil workers in 2007, pus
Lessons of the Australian Prices and Incomes Accord
Former ACTU heads Bill Kelty (left) and Simon Crean (right), and former Labor PM Bob Hawke attend the Prices and Income Accord 30-year anniversary. Photo by Renee Nowytarger. Source: The Australian.
June 1, 2013 -- Links International Journal of Socialist Renewal --The 30th anniversary of the Prices and Incomes Accord, signed by the Australian Labor Party federal government and the Australian Council of Trade Unions, has just been celebrated by the former employers, union officials and ALP politicians of the period. At the time, and again today, this class-collaborationist "social contract" was lauded as a tremendous step forward for workers and "the economy". The reality for Australian workers was the opposite and the lessons should never be forgotten.
Below is a talk presented to the political school of the South African Municipal Workers Union -- in Durban in 2001 -- by Norm Dixon, at the time editor of Green Left Weekly and a national executive member of the Democratic Socialist Perspective (since merged into the Socialist Alliance). It is excerpted from the SAMWU Political Education Book, 2002-03.
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