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Posts Tagged ‘Credit Crunch’

Fire Your Boss

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After an occupation and strike lasting over six weeks workers at the FCI
Microconnections in Mantes-la-Jolie have saved their jobs.
The strike began on February 24th with workers demanding assurances on their
future. Management refusal to give information on production at an equivalent
factory in Singapore and an announcement that there was ‘overstaffing’ led
workers to believe that the [...]

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Former employees of a packaging firm in Dundee have seized the factory and have started a workers’ co-operative to run the failed firm themselves.
Incredibly, both business chiefs and socialist die-hards are hailing the move as revolutionary and say similar the worker buy-outs could be the way to stave off mass unemployment during the recession.
The Soviet-style [...]

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According to the Italian union Cgil, today – 4th April – 2.7 million people marched in the streets of Rome to demonstrate against the current financial crisis.

According to the police headquarters, only 200,000 people were there. In reality, five different processions took hours to get to the main meeting point, the Circo Massimo. Dozens of [...]

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So, what comes next? This week’s protests over the G20 meeting in London’s Docklands have ended and the focus of discussion is on police tactics and civil liberties rather than any of the questions raised by protesters. Their recession has not become our revolution, it looks certain that we will pay for their crisis, and [...]

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Audio and video recordings of interviews and talks about the crisis.
http://sites.google.com/site/radicalperspectivesonthecrisis/audio-video

Capitalism and Its Discontents: A 5 part series on the financial meltdown Capitalism and Its Discontents, a 5 part series, delves into the roots of the crisis gripping the economies of the Global North and South — and the political upheaval it has …
Posted [...]

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In a far reaching interview with Red Pepper, David Harvey argues that the current financial crisis and bank bail-outs could lead to a massive consolidation of the banking system and a return to capitalist ‘business as usual’ – unless there is sustained revolt and pressure for a dramatic redistribution and socialisation of wealth
Does this crisis [...]

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There’s no doubt that the six weeks from March 28th – May 4th offers our anarchist movement a chance to move out of the shadows. Against the background of recession there has been rioting across Europe from Riga to Sofia. These are riots not by activists but by poor people hurting badly. The Greek uprising [...]

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