Sunday, February 8, 2009

COSATU and Economics

 I came across the 'Socialism from Below" newsletter yesterday.
What I found most interesting was the piece on COSATU who planned to march against 'high food prices' on the 7th July 2008. Yes, read it on page 2. 

To refresh your memory, COSATU also (1) vociferously called the SARB to cut interest rates sharply to help the economy and (2) have asked for above CPIX wage raises. Both of these demands are blatantly inflationary.

And then they decide to protest against high prices. 

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