2021-06 - A tribute to Vishnu Padayachee: South African economist and radical thinker wits.ac.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wits.ac.za Daily Mail and Mail on Sunday newspapers.
January 29,2021
Links International Journal of Socialist Renewal We are living in a world that for most people is broken and that has broken most people. It is not a god given world, but one that has been constructed by those in power and that has left most people mired in deprivation.
Under COVID-19, this world has sunk to new lows. While hundreds of millions of people have become unemployed – and in South Africa the unemployment rate has now surpassed 42% – corporations have once again received trillions in bailouts from states to keep capitalism barely afloat. Indeed, we face the greatest capitalist crisis since the Great Depression, political turmoil is rife, reactionary ideas continue to abound, and little hope of a better future seems to exist.