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Subjects Archives: Inequality

Wiktor Szymanowicz : Barcroft Media via Getty Images

The political roots of falling wage growth

It’s now official: workers around the world are falling behind. The International Labor Organization’s (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual rate of just 1.1% in 2017, down from 1.8% in 2016. That is the slowest pace since 2008.

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Picture above was taken in Paris. The slogan on the wall is emblematic of the mood- we want cash while waiting for Communism.

We want cash while waiting for Communism

Susan Ram, who is writing a book on the French Left for LeftWord Books (New Delhi), has a crisp assessment of the yellow vest (gilets jaunes) movement and of its fifth week of demonstration–Act V Macron Démission (Macron Resign). It is anger and determination that defines the yellow vest protest.

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