Multinationals

Globalisation has given rise to extraordinarily large and powerful corporations. Some have earnings that are much larger than some national economies. They scour the world for natural resources, tax havens, the lowest environmental standards, and the lowest wages. They relentlessly assert their rights to profit. When such corporations take over the delivery of public services, citizens should be wary of the threat to the common good.

UK: Public sector pensioners to lose billions

15 August 2012
Workers on railway line

Public sector workers will lose more than £8.5 billion a year through cuts to their pensions. - A massive transfer of wealth away from public servants, says trade union leaders.

Delhi to privatise water supply, city to pay nine times more than Mumbai

09 July 2012
hands under a water tap against a blue sky

On 3 July Delhi Chief Minister Sheila Dikshit confirmed that the state government has decided to privatise water treatment plants in the national capital, following its earlier privatisation of power distribution. The Planning Commission has given its approval to the proposal.

Impact of the economic crisis and austerity measures on women

04 July 2012

Women are losing jobs in both the private and public sectors, which has an immediate effect on household income but a much longer term effect on the role of women in the labour force.