En español

CASINO CRASH

TNI last week launched a new blog on the financial crisis – pulling together some of the best content by TNI fellows and elsewhere on the web. Visit the blog Casino Crash to read more and join the debate. http://blog.tni.org

 
A Primer on the Wall Street meltdown
Walden Bello argues that the meltdown is not just caused by a lack of regulation, but also by a crisis of overproduction.
 

The revenge of ideas: Karl Polanyi and Susan Strange
Fred Halliday
The crisis of the finance sector is vindication of the neglected work of an economic historian of "great transformation" and an anatomist of "casino capitalism."

 

Endogenous development and a South American financial architecture
Marcos Arruda comes up with some concrete proposals for controlling finance capital within South America, based on some emerging alternative regional frameworks.

 

Transforming the global economy: Solutions for a sustainable world
Susan George argues that the current financial crisis provides an important opportunity to push for an environmental Keynesianism.

 

Plus some lessons from John Maynard Keynes’ treatise on the Great Depression by Howard M. Wachtel and surprising lessons from Adam Smith, a suggestion that the crisis creates the opportunity to put radical options on the table by Barry K Gills, an interview with George Soros and much more.

Readers are also joining the discussion: Berend Schuitema argues for a new paradigm based on human development and human security whilst Marica Frangakis says there is a need to “return to a system of practicable controls on a global level.” What do you think?

 


New Publications

Agrofuels and the right to food in Latin America
Realities and threats

Sofia Monsalve Suárez (editor)
The effects of agrofuels on the human right to food of the most oppressed and marginalised groups have to be considered before developing programmes of investment, production and trade in agrofuels.

 

Alternative Development, Economic Interests and Paramilitaries in Urabá
Moritz Tenthoff
The Forest Wander Families Programme and the Productive Projects of the Presidential Programme against Illegal Crops in Colombia have been used to legalise paramilitary structures and implement mega agro-industrial projects in the Uraba Region..

 

Development redefined: How the market met its match: Realities and threats
Robin Broad and John Cavanagh
This book takes readers on a journey through the rise and fall of the one-size-fits-all model of development that richer nations began imposing on poorer ones three decades ago. That model—called the “Washington Consensus” or “market fundamentalism” placed enormous power in markets to solve the problems of the poor.
See also Article on book

 


Global perspectives

Predictable poverty: the inevitable legacy of a neo-liberal Europe
Susan George
The requirements for reducing or eliminating poverty, in Europe and world-wide, are known and the money is there, but the weight of the financial lobby is such that political will at present seems non-existent.

Demystifying Africa’s Security
Jeremy Keenan
This article discusses the way in which the so-called “global war on terror” has been used by the Bush administration to justify the militarisation of Africa, how the region’s security experienced a ‘paradigm shift' with the launch of AFRICOM, and the ‘outsourcing’ of military activities to private security companies.

The politics of climate change
Interview with Larry Lohmann
There are constant pressures to depoliticise climate change, and remove social pressures, but climate change is a social issue, and as such it will always be connected with concrete struggles.

State weakness: seen from another perspective
David Sogge
Talk of “failing states” represents a dominant view that states exist chiefly to promote globalisation’s winners and to police its losers. States should instead seek to ensure better life-chances for all citizens.

The Bailout and 'Greedy' CEOs
Sarah Anderson, John Cavanagh, Chuck Collins, Sam Pizzigati
Congress should use the proposed bailout legislation for much-needed reform
See also The bailout and CEO pay: what’s ‘excessive’?

The boil out: Boy, could you get mad!
Saul Landau
In 1929, the market crashed. Some high flying investors jumped off buildings. The malefactors of the current “investment” fraud no longer consider such solutions. They know Congress will save them.

See also Election drizzle

White man’s burden: criminalising free speech
Ben Hayes
A proposed EU law on “public provocation” to terrorism could criminalise widely held political views, but has barely raised a murmur.

Change Triumphs in Ecuador's Constitutional Referendum
Helga Serrano N. and Eduardo Tamayo G.
By approving the new progressive constitution by 64%, the Ecuadorians voted for change: for more participative democracy and for the ability to intercede actively in political life.

The Lessons of Perestroika
Perestroika brought a sense of freedom, solidarity and emancipation, but it turned into its negation. Boris Kagarlitsky and Artemy Magun discuss why.

Prepare for a bumpy ride
Boris Kagarlitsky
The Kremlin's self-confidence stems from the country's stable economic growth for seven straight years, but it is to be seen if there is a strategy to rescue the economy in the time of crisis.
See also Medvedev 2

Delhi 'encounter' raises tough questions
Praful Bidwai
The Indian state has failed to properly respond to the rising level of anti-minority violence and terrorism.

N-Deal wins congress vote - problems remain
Praful Bidwai
Thanks for Bush’s persistence in unwittingly supporting Cuba’s revolutionary regime.


En español


Selección del editor

Todo lo que usted quiere saber sobre el origen de esta crisis pero teme no entenderlo
Walden Bello
El derrumbe de Wall Street no se debe sólo a la codicia y a la falta de regulación estatal de un sector hiperactivo. Procede también, y sobre todo, de la crisis de sobreproducción que ha venido minando al capitalismo remundializado desde mediados de los 70. Así ve esta crisis de fin de época Walden Bello.

 

Debilidad del Estado: Mirar a través de otros cristales
David Sogge
El paradigma de "Estados fallidos" representa la idea dominante de que los Estados existen principalmente para promover a los ganadores de la globalización y vigilar a sus perdedores. Pero los Estados deberían intentar garantizar mejores oportunidades de vida para todos los ciudadanos.

 

La carga del hombre blanco: la criminalización de la libertad de expresión
Ben Hayes
Una propuesta de ley de la UE sobre “inducción pública” al terrorismo apenas ha levantado un murmullo de crítica, aunque podría criminalizar posturas políticas muy comunes.

 


Perspectiva global

Para crear una contra-hegemonía debemos crear “contra-instituciones”
Entrevista con Tariq Ali. Por Joan Benach y Salvador López Arnal
La hegemonía cultural y política del sistema capitalista es muy fuerte; para crear una contra-hegemonía debemos crear “contra-instituciones” y alimentarlas con nuevas ideas.

¿Vinculos con las FARC?
Amira Armenta
Aunque no hay punto de comparación entre la magnitud de la llamada 'parapolítica' con la de la llamada 'farcpolítica', algunos sectores del Gobierno y de la prensa colombianos están explotando al máximo el tema intentando crear una apariencia de empate entre unos y otros.

Se derrama el rescate: es como para indignarse
Saul Landau
En 1929 la bolsa quebró. Algunos inversionistas de alto vuelo saltaron desde lo alto de los edificios. Los malhechores del actual fraude de “inversiones” ya no contemplan esa posibilidad porque saben que el Congreso los salvará.


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Protest letter to the chair of the International Center for the Settlement of Investment Disputes (ICSID)
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Statement on the Congressional Bailout of Wall Street
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World Beat
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The Bolivia Crisis for Beginners
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Declaración Final del II Encuentro Hemisférico Frente a la Militarización
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“Unofficial” Referendum in Vicenza, Italy: 95% Opposed to New U.S. Military Base
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From the archives

Street of Dreams - Boulevard of Broken Hearts:
Wall Street's First Century

Howard Wachtel
May 2003

A short history of neoliberalism
Susan George
March 1999

Neoliberal financial globalization: Capitalism's grave illness
Marcos Arruda
Otober 2001

Recommended

The Real News Network

The Bailout: A Call for Common Sense
Campaign for America's Future

Is There Hope for Uncle Sam?
Jan Nederveen Pieterse

Events

13 - 18 October
Asia Europe People’s Forum
Beijing, China

15-17 October
Council of Europe Forum for the Future of Democracy
Madrid, Spain

16-18 de octubre
Congreso de Innovación Democrática
Santa Cristina d’Aro, Cataluña, España

11 November
The Pinochet case and its consequences ten years on
London, UK

In the media

Native Groups Hemmed in by Coca Threat
Inter Press Service, 8 October

Revisión de La nueva izquierda en América Latina
El País, 4 octubre

Review of La nueva izquierda en América Latina
El Pais, 4 October 

Las drogas en Latinoamérica
Eltiempo.com, 6 octubre

La hora de dormir para la democracia
Diario Rojo y Negro, 24 septiembre

More of TNI in the news >>

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