Category: Economics

Cognizant steals employees pay, prepares to retrench 000s

These employees will not only lose their hard earned variable pay component, but also will be marked for retrenchment as part of Cognizant management’s cost reduction/profit maximisation plan.

Permanent link to this article: http://new-democrats.com/cognizant-steals-employees-pay-prepares-to-retrench-000s/

Plunder of Africa by colonial domination

This entry is part 2 of 3 in the series How Africa Developed Europe

African labour was used to exploit African resources, and finally the profits were transferred for European development. …the colonial powers were able to exploit workers to the maximum.

Permanent link to this article: http://new-democrats.com/how-africa-developed-europe-2/

How Europe grew rich?

This entry is part 1 of 3 in the series How Africa Developed Europe

The reinvestment of profits from the slave trade helped in the inventions and innovations that strengthened capitalism.

Permanent link to this article: http://new-democrats.com/how-africa-developed-europe-1/

Real GDP growth 5%; Modi govt “doctored” data to arrive 7% rate

Modi - Harvard or Harwork or ...

This entry is part 15 of 17 in the series Demonetization

“It is like the naked emperor strutting around in his nakedness and ridiculing all those who had called him naked with the words: ‘See how wrong and stupid you were. My courtiers have shown I am fully clothed’!”

Permanent link to this article: http://new-democrats.com/real-gdp-growth-5-modi-govt-doctored-data-to-arrive-7-rate/

The heroic tale of great entrepreneurs is nonsense: Amitav Ghosh

Jamsetji Tata

In large parts, the opium war was financed by Indian money — by old Bombay money. Many of the big Indian families made their money in opium.

Permanent link to this article: http://new-democrats.com/the-heroic-tale-of-great-entrepreneurs-is-nonsense-amitav-ghosh-en/

MEPZ IT Employees Express Solidarity with Neduvasal Struggle

This gathering shows that the employees of IT employees also have deep concern for issues affecting the vast majority of our population. We should do everything we can to alleviate the distress of our farmers.

Permanent link to this article: http://new-democrats.com/mepz-it-employees-in-solidarity-with-neduvasal-struggle-en/

IT Employees vs Corporates

All these IT companies eg TCS, Infosys, Wipro, HCL tech, Tech Mahindra do body shopping at lowest price and then they reward their CEO and MD and directors a hefty commission.

Permanent link to this article: http://new-democrats.com/it-employees-vs-corporates/

All your data belong to private business!

This entry is part 5 of 7 in the series Digitial Economy

“One data broker said he could get lists of high net worth individuals, salaried people, credit card holders, car owners and retired women in any given vicinity.”

Permanent link to this article: http://new-democrats.com/all-your-data-belong-to-private-business/

Swedish Software Firm works without a CEO

“You probably wouldn’t layoff your co-worker to increase the value of your stock, would you? Or give yourself a pay raise on making your co-workers take a pay cut!”

Permanent link to this article: http://new-democrats.com/swedish-software-firm-works-without-a-ceo/

Ready-made garment workers: faded life turns into rags!

This entry is part 4 of 4 in the series Toilers Life

While few hundred businessmen who started small scale units have now become millionaires, lakhs of workers who produced those millions face extreme hardship.

Permanent link to this article: http://new-democrats.com/garment-workers-en/

Capitalism – A Ghost Story

Corporate philanthropy is as much a part of our lives as Coca Cola. Global finance buys into protest movements via NGOs. More troubled an area, more the NGOs.

Permanent link to this article: http://new-democrats.com/capitalism-a-ghost-story/

Capitalism – Titanic without life boats for the masses!

This entry is part 7 of 8 in the series Deriving Capital's Future

‘Who does labour confront when in confronts capital?’ was always a difficult question to specify, but it has become more complex. Labour now confronts a competitive system of calculation, which we name as ‘capital’.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-7/

Culinary workers!

This entry is part 3 of 4 in the series Toilers Life

The life of those who cook us delicious food is full of bitterness. Foregoing sleep and getting themselves cooked in the kitchen, their lives are in constant simmer.

Permanent link to this article: http://new-democrats.com/food-workers-en/

TCS recruitment scam

Tata Group boasts itself as “salt to software multinational”, but has proved itself worse than small time conmen cheating innocent people with false promises.

Permanent link to this article: http://new-democrats.com/tcs-job-enabled-training-scam-exposure/

IT Employees made scapegoats for Manager’s Greed

This entry is part 5 of 19 in the series Struggle Against Layoffs

Do not be afraid that if you ask for such written instructions you will be asked to leave the organisation. Get rid of ignorance and fear. We are not slaves of old times. We have our union to question and fight for our rights.

Permanent link to this article: http://new-democrats.com/employees-made-scapegoat-for-managers-greed-en/

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