World Institute for Development Economic Research
United Nations University  UNU-WIDER project on The Role of Elites in Economic Development
Working Paper No. 2010/02

Global Capitalism Theory and the Emergence of Transnational Elites

By William I. Robinson* January 2010

Abstract

The class and social structure of developing nations has [...]

Europe
Greece comes to standstill as citizens focus anger on EU
Greece came to a standstill on Wednesday as millions of workers, both public and private, stayed away from work in protest at the government’s austerity programme and anger at the European Union’s role in enforcing the cuts.
An estimated 2 million people [...]

Asia

The Solidarity Center Press Release:
Increasing number of strikes, protests in Egypt, Egyptian labor policies must change

Posted by the Center for Trade Union & Workers’ Services http://www.ctuws.com/Default.aspx?item=423

Today in Egypt, thousands of workers are taking to the streets in strikes and sit-ins around wages, working conditions, [...]

“We have to go back to Marx’s premise and goal – the concept of human development.It is no accident that the Communist Manifesto, written in 1848 with Frederick Engels, talked about how the free development of each depends upon the free development of all.
By free development, they meant the development of [...]

Orissa is the poorest State with an official estimate of 39.9 per cent of people living below the poverty line, yet in regard to proposed investment it stood at second position after Gujarat.  According to Assocham Investment Meter, recorded investment proposals in Orissa reached Rs. 2,00,846 crore in 2009.  The [...]

There is a dialectic at work in Venezuela.The dialectical relationship between Chávez and the masses has driven the process within Venezuela forward so far; whether it continues, will depend on the initiatives of both sides. That means the necessity from the top and the bottom to struggle against the obstacles [...]

What does it mean to be poor in 2010? In monetary terms, the number of people living below the official extreme-poverty threshold of $1.25 per day in developing nations has declined. In fact, according to the World Bank’s benchmarks, the extreme poverty rate worldwide has tumbled from about 50 percent in [...]

Greek Economic Crisis
by Carlos Latuff

Carlos Latuff is a Brazilian cartoonist.

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Europe’s winter of discontent
Strikes threaten to cause paralysis as workers reject government attempts to cut spending and wages
By Sean O’Grady, Economics Editor
The Independent, Wednesday, 24 February 2010
A wave of industrial and social unrest is building across Europe as workers resist attempts by governments and private companies to impose austerity [...]

Clashes erupted after a group of youths attempted to storm a building [AFP]

Greek police have fired tear gas at a group of protesters at an anti-government march in Athens after they attempted to storm a university building.
The clashes occurred on Wednesday on the sidelines of a demonstration in the [...]