After talk of the so called "credit crunch" gave way to optimistic comments about the "green shoots" in the economy, events in Greece caught the bourgeois commentators unaware. Now the world economy has once again been plunged into chaos and uncertainty as the governments of Europe try to contain the fall-out from the near-default of Greece and it is the workers who will be presented with the bill.
“To the toiling masses of Europe it is becoming ever clearer that the bourgeoisie is incapable of solving the basic problems of restoring Europe’s economic life.” (Trotsky, On the United states of Europe, 1923)
Three Sources and Three Component Parts of Marxism
by V.I. Lenin
at Parliament have taken industrial action for the first time ever
over their employer's refusal to pay a decent Living Wage.
The Maritime Union of New Zealand says outsourcing at Ports of Auckland cannot replace a skilled in-house workforce. Maritime Union Auckland Branch Local 13 President Garry Parsloe says any moves to contract out work by port management would meet strong resistance.
What do you give a failed Wall Street bankers that have been bailed out by the tax payer? If you think the sack then think again. According to The BBC Wall Street bankers bonuses for 2009 have gone up a whopping 17% or US$ 20.3 billion. Just mention this to your boss when next negotiating pay!