Economic Justice

SACSIS promotes the principle of just economies. We are opposed to economic development that violates social and economic rights and increases inequalities in the pursuit of economic growth.

10 Worst People on Forbes 2013 Billionaires List

Picture credit: Celebrity billionaire Donald Trump courtesy Gage Skidmore/Wikimedia. Lynn Parramore - It will hardly come as a surprise that the rich got richer in 2013. Didn’t happen to you, did it? The combined wealth of the world's billionaires hit an all-time high of 5.4 trillion, up from 4.6 trillion in 2012. The Forbes list of billionaires is brimming over with oligarchs, monopolists, thugs, miscreants, and hustlers. Not to mention right-wingers, narcissists, and parasitic predators. The only thing missing is the king of Mexian drug lords, Joaquin "El Chapo" Guzman,...

Robin Hood Tax: Giant Victory in Europe for Financial Transaction Tax

Picture credit: Oxfam International/flickr Sarah Anderson - European ministers didn't even have to take a formal vote because it was obvious that there was sufficient support to move ahead. EU finance ministers were scheduled to vote January 22 on whether to authorize 11 member states to proceed with the introduction of a financial transaction tax (FTT). As it turned out, the ministers didn’t even have to take a formal vote because it was obvious that there was sufficient support to move ahead. The 11 countries are Belgium, Germany,...

New Report: Global Inequality Skyrockets

Picture credit: David Shankbone/Flickr Alex Kane - A new report released by the anti-poverty group Oxfam is filled with staggering statistics that make clear the depth of the inequality problem.   The world should work to end extreme wealth by 2025 and reduce the massive inequality that has skyrocketed over the past twenty years, the anti-poverty group Oxfam states in a new report [pdf]. While discourse on inequality has grown more prominent in recent years thanks to Occupy Wall Street and major institutions highlighting the problem...

AngloPlat: The Economic Propaganda War and the Battle for Democracy

Picture credit: Leonard Gentle - How soon we forget…When the striking workers were killed by the police at Marikana there was a universal sense of shock and horror. How could it have come to this? Just 18 years after apartheid and here we go again - the police mowing down demonstrators. Now AngloPlat has announced that it will retrench 14 000 workers and the mood amongst the commentariat is, “Well, what did they expect?”    Angloplat’s announcement seems to confirm our most dismal...

Forestry Workers: Lost in Globalisation

Picture credit: lewishamdreamer/Flickr Glenn Ashton - Exploitation and pay in the timber industry is the most extreme amongst any commercial sector in South Africa. While mining and agriculture workers have been in the news for protesting against exploitation in their respective industries, no such action has been evident amongst forestry workers. Working in the timber industry is the equivalent of running a marathon every day. Workers experience some of the highest rates of work related injuries, along with the lowest pay. There was a...

The Farm Workers' Strike: It's Far From Over

Picture credit: socialsoundsystem.com Anna Majavu - The mines and the farms are two enduring symbols of old white colonial theft, of the minerals and land. Because of the monopoly of the National Union of Mineworkers, whose leaders and officials have long preferred compromise and co-determination over worker control, it has been difficult for mineworkers to strike – until the Marikana massacre. It has possibly been even harder for farm workers to strike. Human Rights Watch estimated recently that less than 3% of South African farm...