Afrocentrism’s view of “re-Afrikanization” is only completed when cultural ideas take on the material force. . . .
The following text was reprinted from “Ideas and Action” Bulletin 126, published in 1978 by the Food and Agriculture Organization of the United Nations. It is a very colorful look into a little slice of life under apartheid, touching lightly on how those material conditions interact with patriarchy. Migrant workers are employed in jobs which pay low wages – in public works, railways, mining, refuse collecting, brick yards, docks, steelworks and even grave digging. In 1974, of the men I knew, those who were employed by some city council as cleaners or park hands earned between 30 and 35 rand . . .
According to a February 2023 Federal Deposit and Insurance Corporation (FDIC) audit, 563 U.S. banks have failed and/or come under regulatory authority since 2021. Here in California, U.S., the latest casualty has been the Silicon Valley Bank (SVB). This latest rash of bank failures, especially within the software start up SVB, have alarmed apologists for capitalism all over the world. With this piece, we are hopeful we can bring some fundamental understanding of “bank failure” and what’s happening for everyday working people. First, it should be explained that the Federal Deposit Insurance Corporation (FDIC) is an institution of the U.S. . . .