The “corruption-causes-poverty” narrative has become a standard tool in the hegemonic discourse kit for leaders in some developing countries - where in fact, Waldon Bello argues, it is neoliberal economic policies that are really to blame for poverty. Thailand’s “Red Shirts” are not, however, being distracted by the “corruption” line the World Bank and IMF are pushing, choosing instead to keep their eyes on the prize - the real answer to poverty - replacing neoliberalism with pro-people economic policies.
Despite talk of India’s emergence as an economic and nuclear power on the world stage, a recent radiation leak from a scrap metal yard that hospitalized 11 workers, while the Atomic Energy Regulation Board (AERB) failed to respond, has put the spotlight on the country’s lack of proper governing bodies, regulation and crisis response capacity for radioactive facilities.
Recently invited to an interview at the World Economic Forum in Davos, Boris Kagarlitsky laments the disillusionment of Russian liberals, who think “real capitalism” doesn’t produce crises, while as the crisis deepens, critical voices draw increasing attention among audiences in the West.
The term crisis implies a short lived period of uncertainty - suggesting there is something temporary or anomalous about the current state of the global economy. On the contrary, our global economy, from the financial clouds (or bubbles) to the real roots - where men and women work, live and survive - is suffering from systemic flaws based on an ever expanding void between rich and poor.
This new session of the Tribunal –the third one to be held at the bi-regional level– will take place in Madrid, Spain, on May 14th and 15th, in the framwork of the Fourth Enlazando Alternatives Summit (EA4).
This framework document aims to outline the principal ideas, arguments and core concepts that have developed over the long and rich process of the work driven by the Europe Latin America & Caribbean bi-regional Network Enlazando Alternativas and by the Permanent Peoples' Tribunal over the past five years.
Financing Food focuses on how derivative markets work and on speculation in food and agricultural products. This study demonstrates how the futures market for agricultural products, in particular, has changed and is being disrupted by new speculators, growing index funds and commodities funds.