ZW1

Saturday 14th September 2024. He should not be completely forgotten. 20 years ago, the great economist of the Prague Spring in former Czechoslovakia, Professor Ota Šik, died in exile in Switzerland. His ideas and conceptions of employee-owned companies could now be applied to the case of Volkswagen. Labour is a very important factor in the manufacturing process, together with capital, land and machinery (production facilities), and it should therefore enjoy at least a 25% share of the profits. For example, you use labour to make a car, or something else – a wardrobe, a pair of shoes, a colourful dress. …

Saturday 7th September 2024 684,000 is the number that ultimately matters. That’s how many people work for a multinational company in the automobile industry: worldwide and not just in Germany, but also in Portugal, Spain, Belgium, the Czech Republic, the USA, Brazil and China, and not just at Volkswagen AG, but also at Seat, Skoda, Audi, Cupra and Porsche: 684,000 employees. Everything is connected to everything else. Decisions made somewhere in a company will have an impact at a completely different end of the same business or even in a different company. A government’s decision to phase out premiums for …

Saturday, 31th august  2024. “We don’t want another Miami here,” says local resident Vítor Lopes (43), from Caramujeira near Lagoa. “Don’t we already have enough tourism?” ECO123 talked to Vítor Lopes (43) and Luís Lopes (64), his father, at a meeting in Lagoa. ECO123 had asked its readers three questions about the proposed building of a hotel on a nature reserve: Firstly, which nature reserve? Secondly, which district of the Algarve are we talking about? Thirdly, which banks are involved in the financing? Vítor Lopes (43) was the first to send the right answers to the questions. And then he …

Saturday 24th August 2024. The housing crisis in Portugal is getting worse, and there is a lot that needs to be changed politically in order to resolve it. Until then, we have to contribute in whatever ways we can. Specifically, by helping CASA – Support Centre for the Homeless, which provides aid and support to hundreds of people every day… With these words, the cabaret artist Diogo Faro’s crowdfunding campaign begins on the platform https://ppl.pt/causas/faro, which is open until Monday 2 September at 6pm and aims to raise 3,500 euros for the Portuguese support centre for homeless people, ‘CASA’, in …

Saturday 17th August 2024. If a strip of land on the south coast of Portugal has been designated as a nature reserve, surely there should be no power on Earth to describe this region as a development area that can be used for the construction of yet another hotel. Correct me if I am wrong. A nature reserve is a nature reserve – or are there some exceptions? When a bank grants a loan for a house, it normally checks all the facts. It wants to know whether it is throwing money down the drain (to put it bluntly), and …

Saturday 10th August 2024. In the southernmost mountains of Portugal, the groundwater is beginning to run out. Monchique’s springs and streams have already dried up. The situation has never before been as drastic as it is this summer. At the end of July, ECO123 contacted the Institute for Nature Conservation and Forests (ICNF) in Lisbon and asked to be informed about the emergency measures that the authority has in place for dealing with this situation. Since the forest fires of 2018, there has been an explosive growth in the spread of invasive trees, with acacias and mimosas now engulfing an …

Saturday 3rd August 2024. I imagine a friend of mine is celebrating his birthday and invites his 20 best friends to his birthday party. He prepares a cold buffet and provides enough food and drink for 20 people: a few crates of beer, some bottles of good wine and, of course, non-alcoholic drinks. His birthday gradually draws nearer, and, on the evening of the party, he suddenly finds there are lots of people at his door: instead of his 20 friends, 500 people have turned up. He is overwhelmed. In a very short time, all the drinks are finished, and …

Saturday 27th July 2024. A pocketknife can be a friendly companion in the forest of Monchique. Monchique is a village in the mountain range of the same name in south-west Portugal, at the beginning or end of Europe – it all depends on which way you look at it. Portugal, and the Monchique Mountains in particular, are known for their cork-oak and chestnut forests. Generally speaking, that was still the case only a generation or so ago, in 1990. Then along came the paper industry and the private owners of these forests began to cut down their forests and plant …

Saturday 20th July 2024. Do you have to love nature to be able to protect it? Or is it enough simply to calculate the value of a forest in economic terms? The attitude that people have towards the forest, towards invasive tree species and the risk of forest fires arising from the large-scale cultivation of eucalyptus, explains the ethical rationale behind the creation of the institution responsible for nature conservation in Portugal: the Institute for Nature Conservation and Forests (Instituto da Conservação da Natureza e das Florestas – ICNF). Only two percent of the forested land in Portugal belongs to …

Saturday, the 13th of July 2024. It’s obvious that the Algarve and its inhabitants are faced with a serious problem. Until now, everyone had assumed that the supply of water available on our planet was unlimited. Now, however, this misconception that all resources are unlimited for all sectors of the economy is being shattered. So, the solution that is being proposed is to desalinise sea water. Aren’t there any other solutions? A desalination plant must be regarded as a last resort. The Algarve is going through difficult times. The legal battle being waged by more than 20 environmental and professional …