Sonny Africa is the executive director of IBON Foundation.
Capitalists are inflationary, not wage hikes for workers
April 5, 2024
COMMENTARY
Employers can afford big wage hikes. Instead of protecting profits, the government should be doing everything it can to raise wages which will be good for workers, their families and the economy.
Now is the worst time to change the Constitution
March 13, 2024
Economic Cha-cha is just a trojan horse to get a charter change process going. The real intent is to change the political provisions to keep the Marcos-Romualdez clan in power.
The excuses they give: Kung ayaw ng wage hike, maraming dahilan
February 20, 2024
COMMENTARY
Opponents of a minimum wage hike say it will be “catastrophic” – cause inflation, lead to layoffs, and bankrupt firms. They say it will only help a few and only for a little while. None of these arguments holds water.
The spectacular errors of economic cha-cha proponents
February 4, 2024
COMMENTARY
It has become Cha-cha etiquette to always sugarcoat political changes with promises of a bright economic future once the charter’s economic provisions are fixed.
DOTr doesn’t want to admit that jeepney fare hikes are coming
January 7, 2024
COMMENTARY
There is much to improve in making public mass transport safer, cleaner and more convenient but ‘modernization’ by making transport profitable for private capital is the wrong direction.
Beyond rice price populism
September 5, 2023
The standalone rice price caps will not just be ultimately ineffective but might even backfire
National budget for 2024: A Budget Badly Made (Part 2)
August 25, 2023
FEATURES
Band-aids are not necessarily a bad thing. Social spending can be wielded to improve people’s conditions – which is important in itself even if not prioritized by the administration. But it can also be used to increase overall aggregate demand and stimulate the economy – which presumably even a narrow, growth-fixated mindset would appreciate.
National budget for 2024: A Budget Badly Made
August 25, 2023
FEATURES
Contrary to incredible “pro-poor” claims, the proposed 2024 national budget’s numbers tell a much different story about the administration’s priorities.
Growing global economic distress as G7 meet ends
May 22, 2023
The global economy is being dragged down by fundamental forces that even the mighty US is still captive to. It may be the world’s dominant imperialist power but it is still merely monopoly capitalist and as such subject to the deeply-ingrained contradictions of capitalism.