China
50 years after: The tragedy of China’s `Great Leap Forward'
April 21, 2009 – Socialist Voice – On October 1, the People’s Republic of China will mark the 60th anniversary of its foundati
[For more discussion on China's recent economic and political developments, click HERE.]
By Charles Kernaghan
[This is an excerpt from the introduction and executive summary of a report released by the National Labor Committee in February 2009, High Tech Misery in China: The Dehumanization of Young Workers Producing Our Computer Keyboards. Click here to download the full report in PDF format.]
“I think it’s fair to say that personal computers have become the most empowering tools we’ve ever created. They’re tools of communication, they’re tools of creativity, and they can be shaped by their user...The Internet is becoming the town square for the global village of tomorrow.” -- Bill Gates
``We feel like we are serving prison sentences.” -- factory worker making Microsoft keyboards
The new assembly line: Making computer keyboards and other peripherals for Hewlett-Packard, Dell, Lenovo, Microsoft and IBM
By John Bellamy Foster
John Bellamy Foster is editor of Monthly Review and professor of sociology at the University of Oregon. He is coauthor, with Fred Magdoff, of The Great Financial Crisis: Causes and Consequences (Monthly Review Press, January 2009) among numerous other works. This article was originally a presentation delivered to the International Conference on the Critique of Capital in the Era of Globalization, Suzhou University, Suzhou, China, January 11, 2009. It appeared in the March edition of Monthly Review and is posted at Links International Journal of Socialist Renewal with John Bellamy Foster's permission.
Economic crisis: Skyrocketing unemployment in Asia hits women and young people hardest
By Reihana Mohideen
[Reihana Mohideen will be a featured guest at the World at a Crossroads conference, to be held in Sydney, Australia, on April 10-12, 2009, organised by the Democratic Socialist Perspective, Resistance and Green Left Weekly. Visit http://www.worldATACrossroads.org for full agenda and to book your tickets.]
February 23, 2009 -- Recent International Labour Organisation (ILO) reports on global and regional employment trends paint a stark picture of rapidly increasing unemployment in 2008; the situation is expected to worsen in 2009 with the prediction of massive job losses. The message is clear: workers and the poor are already paying heavily for the capitalist economic crisis. Especially hard hit are working-class and poor women and young people.
Making the world's poor pay: The economic crisis and the Global South
[This article is available in Spanish: ‘Que pagu
China and the global capitalist economic meltdown
By Peter Boyle
Action in Solidarity with Asia and the Pacific (ASAP) -- As the US, Japan and Europe slide into recession, the leaders of many smaller countries are desperately hoping that continued strong growth in the Chinese economy, which has contributed about 15 per cent of world economic growth in recent years, might save them from this meltdown.
There's hope and then there's hard facts. Recently the latter has replaced those desperate hopes with terror. A measure of this was the November 4 decision of Australia's Reserve Bank to make a bigger than expected interest rate cut. Any temptation by holders of large mortgages and other debts in Australia to reach for the champagne was killed by the realisation that this decision, in the words of one business correspondent, "was a recognition by Australia's top policymakers that the Chinese economy is no longer providing a firewall to insulate the Australian economy from the international crisis".By Martin Hart-Landsberg
Against the Current -- Interest in the post-1978 Chinese market reform experience remains high and for an obvious reason: China is widely considered to be one of the most successful developing countries in modern times. The Chinese economy has recorded record rates of growth over an extended time period, in concert with a massive industrial transformation. Adding to the interest is the Chinese government's claim that this success demonstrates both the workability and superiority of "market socialism."
There are those on the left who share this celebratory view of the Chinese experience, believing that it stands as an effective rebuttal to the neoliberal mantra that still dominates economic thinking. Therefore, they encourage other countries to learn from China's gradual, state controlled process of marketization, privatization, and deregulation of economic activity. A small but significant number share the Chinese government's view that China has indeed pioneered a new type of socialism.