Tesla’s confrontation with Swedish workers highlights how solidarity must be enabled in a globalised Europe.
Time to recognise a fifth EU freedom: solidarity (socialeurope.eu)
Category: News (page 27 of 75)
We are much closer to seeing the world’s first trillionaire than ending poverty. Why? Because our economic system works for the few richest individuals, often men, who reign over our economy.
Taxing wealth to break billionaire dominance (socialeurope.eu)
A comment of the People’s Health Movement on a recent report of the World Health Organisation
Universal health coverage stalls while financial protection goes backwards (mailchi.mp)
Oxfam called on Monday for governments to rein in corporate power by breaking up monopolies; instituting taxes on excess profit and wealth; and promoting alternatives to shareholder control such as forms of employee ownership.
It estimated that 148 top corporations made $1.8 trillion in profits, 52 percent up on 3-year average, allowing hefty pay-outs to shareholders even as millions of workers faced a cost of living crisis as inflation led to wage cuts in real terms.
As Davos crowd gathers, governments urged to rein in ‘billionaire class’ (yahoo.com)
Since 2020, the richest five men in the world have doubled their fortunes. During the same period, almost five billion people globally have become poorer. Hardship and hunger are a daily reality for many people worldwide. At current rates, it will take 230 years to end poverty, but we could have our first trillionaire in a decade.
The nex Oxfam Report!
If we assume that workers and people at the bottom of society can acquire only a fixed amount of society’s income, then all such people are in competition with one another for shares of this fixed amount. And groups that identify with one another in some way—by race in particular—are in competition with other such groups. With a fixed share of the economic “pie,” more for one group means less for the other.
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Look at the charts of the World Bank: 2023 was noty positive at all. More poverty, more inequality, ‘development work more complicated’…
In 2011 Colin Crouch’s The Strange Non-death of Neoliberalism appeared to acclaim. Its author reflects on a shifting landscape since.
Neoliberalism: still to shrug off its mortal coil (socialeurope.eu)
The Global Coalition for Social Protection Floors prepared its input to the ‘Future Summit’ of the United Nations that will be organised in 2024.
2023-GCSPF-submission-of-inputs-to-the-SotF.pdf (socialprotectionfloorscoalition.org)
For the first time in the history of collective bargaining negotiations, the wage differential between top management and rank-and-file workers has become an underlying issue. The striking autoworkers’ claim for a 40% raise was partly justified by noting that 40% is the wage increase received by the auto companies’ CEOs over the past four years.
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