The Governorship Elections in Venezuela. The PSUV Wins By a Landslide, Opposition in Disarray

By Arnold August and Nino Pagliccia – Global Research

VENEZUELANALYSIS.COM | November 10, 2017

(AVN)
(AVN)

The governing party of Venezuela, the PSUV (United Socialist Party of Venezuela), has recently obtained a resounding electoral victory for State governorship. The election was called by the CNE (National Electoral Council) at the instance of the ANC (National Constituent Assembly). Soon after, the opposition group MUD (Democratic Unity Coalition) seemed to be in disarray.Enrique Capriles of Primero Justicia (Justice First) party, for example, resigned from the MUD coalition questioning Henry Ramos Allup of the AD (Democratic Action) party who in turn expelled the four AD governors who dared to be sworn-in in front of the ANC in acceptance of the election results.

I asked Canadian author Arnold August to give his assessment of the political significance for the Bolivarian process.

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Paradise Lost: What the World Stands to Gain After the Paradise Papers

teleSUR | November 08, 2017

The Paradise Papers, a revelation into the world of taxes, tax havens and evasions, partially exposed the existential damage perpetrated by the 1 percent which has left the world’s economies spiralling out of control.

According to Tax Justice Coordinator Tove Maria Ryding, European Network on Debt and Development, the issue became painfully clear after a series of hurricanes pummeled the Caribbean islands in mid-September. Island communities turned to their neighboring nations and world organizations for emergency aid only to find that the money wasn’t there.

A recent report from the Centre for Applied Research at the Norwegian School of Economics showed through statistics the extent that tax havens leach off foreign soil, offering a severely limited set of benefits for inhabitants.Read More »

US: The democratic aspirations of October 1917 continue to inspire today

BY PW EDITORIAL BOARD

People’s World | November 06, 2017

The democratic aspirations of October 1917 continue to inspire today

Occupy Los Angeles protesters march in the Protest Against Corporate Greed on their International Day of Action in Los Angeles, California, on October 15, 2011. | Occupy Wall Street

John Reed, the great American labor journalist and a founder of the Communist Party USA, was the first to bring this country the news of what had happened in Russia on November 7, 1917. In his widely-hailed account, Ten Days that Shook the World, Reed wrote that a coalition of Russia’s working class and peasants, carrying the banner of “peace, bread, and brotherhood,” had seized power. The “Great October Revolution” (in the old Russian calendar, November 7 was October 25) set itself the task of transforming an oppressive empire into a socialist society.Read More »

Dominance of the Top 10 Percent

by Bharat Dogra

Frontier | November 10, 2017

One of the measures of inequalities that has been often used in the extent to which the top ten percent of the citizens of any country dominate its economy. In India the top 10 percent of the population amount in overall numbers to about 80 million (8 crore) adult individuals in term of 2014 data. To what extent do the top ten percent of the citizens (in terms of their income) have a dominant role in the economy in India?

In this context some data given in the widely discussed paper titled ‘Indian Income Inequality – From British Raj to Billionaire Raj’ is very relevant. This paper has been written by Thomas Piketty and Lucas Chancel of the Paris School of Economics.Read More »

Calcutta Notebook

by B J

Frontier | Vol. 50, No.18, Nov 5 – 11, 2017

The recently enacted Real Estate (Regulation and Development) Act, RERA for short, has brought in certain regulations that appear troublesome at the present but will lead to the expansion of the housing sector in the long run. It has been made mandatory that houses will be sold on the basis of carpet area. Builders often “load” the carpet area with non-existent common area. One builder of Ghaziabad has charged the flat owners for about 600 square feet of common area while the actual common area provided was only about 200 square feet. It will not be possible for the builders to engage in such malpractices any more. RERA also provides a dispute resolution mechanism. At present the buyers are virtually at the mercy of the builders because the only course of redressal is through the Consumer Protection Act which is tedious, expensive and time consuming. A Resident’s Welfare Association in Ghaziabad filed a case in the National Consumer Redressal Forum. The case is still lingering on after 5 years. Another Association filed a case in the same Forum. The Builder did not receive notice on the pretext of incorrect address and the case has not started even after 55 months. RERA provides for the establishment of a Regulatory Authority which will resolve such issues speedily. An aggrieved buyer will be able to make a complaint to the Authority and hopefully get relief without having to go through the courts. RERA provides that resolution will take place within 2 months though it is to be seen how much this works in practice. These measures will bring in transparency and lead to the development of the housing market in the country. Buyers will be assured that they will not be shortchanged and will come forth to buy property in larger numbers.Read More »