Politik, Legislatif, Dasar dan Tadbir Urus

Economic data released on Monday revealed that the world’s second largest economy contracted at an annualised rate of 12.7 percent for the final quarter of 2008—the steepest decline since 1974. Deutsche Bank in Tokyo bluntly predicted a “severe depression” in Japan, lasting at least until late 2010.

The Juche idea is a new philosophical thought which centres on man. As the leader said, the Juche idea is based on the philosophical principle that man is the master of everything and decides everything. The Juche idea raised the fundamental question of philosophy by regarding man as the main factor, and elucidated the philosophical principle that man is the master of everything and decides everything. That man is the master of everything means that he is the master of the world and of his own destiny; that man decides everything means that he plays the decisive role in transforming the world and in shaping his destiny. The philosophical principle of the Juche idea is the principle of man-centred philosophy which explains man's position and role in the world. The leader made it clear that man is a social being with Chajusong, creativity and consciousness. Man, though material existence, is not a simple material being. He is the most developed material being, a special product of th...

So the economy is now officially in recession. No great surprise, as most people feel they have been suffering recession-like conditions for six months already. The latest blow is the announcement, by Corus steel, that it is cutting 2,500 jobs in the UK. It is sacking 2,500 skilled industrial workers who will mostly not find equivalent work. Many, plus others in the industry's supply companies, will join a dole queue that is nearing two million and predicted to rise to over three million, over the next year. Corus steel was once the publicly owned British Steel, which employed 268,000 workers when it came into being, as a nationalised company, in 1967. Privatisation in 1988 threw the fate of Britain's steel workers back into the hands of private profiteers, with the end result that the 24,000 steel workers left in Britain today are at the mercy of Indian big business conglomerate, Tata Steel. Gordon Brown's improvement in the opinion polls – mainly due to the blunders of To...

The economy is the material basis of social life. Economic self-sufficiency enables one to consolidate the independence of one's country and live independently, provides a sure guarantee for Juche in ideology, independence in politics, and self-reliance in defense and ensures rich material and cultural lives for the people. In order to implement the principle of economic self-sufficiency, one must build an independent national economy. Building an independent national economy means building an economy which is free from dependence on others and which stands on its own feet, an economy which serves one's own people and develops on the strength of the resources of one's own country and by the efforts of one's own people. Such an economy makes it possible to develop the productive forces quickly by utilizing the nation's natural resources in a rational and integrated way, improve the people's living standard continuously, strengthen the material and technical found...

The Chinese government is facing a massive unemployment crisis, far worse than in the late 1990s, when lay-offs of more than 30 million workers from state enterprises led to a wave of militant protests. This time, the growing army of unemployed mainly consists of internal migrant workers from the countryside, who have been hit hard by plunging export orders in the urban manufacturing centres and the collapse of the construction boom. Some 25 to 26 million migrant workers lost their jobs last year, Chen Xiwen, director of the official Central Rural Work Leading Group told a press conference last week. More than 130 million migrant workers were employed in the cities, with another 80 million in township enterprises. Even though millions of workers were instructed not to return to the cities from the recent Chinese New Year holiday, because their work had dried up, many still made the journey, only to find themselves not wanted. Their anger and frustration are the makings of a social time...

Globalization challenges the workers and their trade unions to exist. Pressures were often put on governments to deregulate and increasingly abdicate their role. A nation centered system with national social and economic policies help to create a degree of social justice and economic equality. This nationally based approach had come under severe pressure. Due to diminished role of national institutions there have been certain shift towards the world level but without an international framework and the institution in place which can deal effectively with issues of justice and equality. An additional challenge for the trade unions is the changing nature of the employer. In the world where capital is much more mobile than workers, different forms of business organizations and relationships have been created which can shift employment and threaten collective bargaining relationship. Partly as the result of the rootless character of MNCs a lot has changed including the introduction of new m...

Globalization of the world economy was stimulating massive investments by transnational corporations (TNC) which acted as a dynamo to produce more jobs and higher profits worldwide. The onset of the previous Asian financial crisis had put an end to this illusion. And somehow the experience of individual workers never corresponded to this rosy view of world developments. Poverty and inequality had been on the increase in the developing world for a long time and growing insecurity and mass unemployment had scarred the industrialized world for more than two decades. These contradictions have a simple explanation – we are seeing a worsening of the two-tier economy, with the divisions between the poor and rich widening as income distribution worsens everywhere. The world economy is producing wealth and dividends for some, but poverty and insecurity for many others. The previous financial and economic crisis had led to social turmoil in several countries and shown the weakness of simply purs...