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Workers of the World: Growth, Change, and Rebellion

Workers of the World: Growth, Change, and Rebellion The working class of the twenty-first century is a class in formation, as one would expect in a world where capitalism has only recently become universal. At the same time, Marx himself reminded us long ago, in speaking of the development of classes in England where they were “most classically developed,” that “even here, though, this class articulation does not emerge in pure form.” 1 The working class, of course, is much broader tha...
United States Hong Kong China To Departamento De Norte Santander South Korea New York
Source: newpol.org

Wealth tax on South Africa's richest people could raise R160 billion, study shows

An annual wealth tax on the net worth of South Africa’s richest people could raise as much as R160 billion and would narrow inequality in a nation where the most affluent 1% of the population own 55% of personal wealth, a study showed.
South Africa United Kingdom Thomas Piketty World Inequality Lab Inequality Lab ஒன்றுபட்டது கிஂக்டம்
Source: news24.com

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Lebanon's Political Economy: From Predatory to Self-Devouring - Carnegie Middle East Center - Carnegie Endowment for International Peace

Summary Over the past three decades, Lebanon’s ruling class—which comprises intertwined political and business elites—has run the country into the ground. To survive its ongoing accumulation of challenges, including the financial crisis that erupted in October 2019, Lebanon requires a revamped state backed by a new economic model with social justice at its core. Tax reform is central to such an endeavor—and to ensuring that the state has the means both to deliver basic services and to t...
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