Global economy

The long food queues in Cuba are still causing frustration, but the open process Raul Castro is following to resolve these issues heralds a new path to socialism in the 21st century.

Jean-Michel Baylet, Olivier Dartignolles, Pierre Moscovici, Vincent Peillon, Thomas Philippon

Séance plénière de l'université d'été de Parti Socialiste. Animé por Laurent Fabius.

The Economist has attributed the term "deglobalisation" to Walden Bello. Whilst the magazine considers the term a negative one, Bello argues that it is fast becoming a reality and offers a paradigm for escaping the neoliberal straitjacket.

The triumph of liberal ideas turned Eastern Europe into an intellectual desert where only ethnic nationalism weeds sometimes flourished. The positive influence of the economic crisis upon the society is that the crisis makes people think and be open to other ideas.

The government isn't prepared to face the contradictions of a policy that takes over and nationalises enterprises from inefficient and corrupt owners at taxpayers' expense, yet then seeks to restore the same companies to the same corrupt private hands.

The more the authorities refuse to change the system, preferring stop-gap measures, the more they will be caught in a downward spiral and the more they will lose control of their policies — and the economy as well.

Amidst interminable “reporting” on the “poor” victims of Ponzi maven Bernie Madoff -- would anyone care if people had blown $65 billion trying to get richer in Las Vegas? An alarming July 5 NY Times headline informs: “Safety Net Is Fraying for the Very Poor.”

In the story, by Erik Eckholm...

The change of technological cycles, exhaustion of resources and market saturation, class struggle and even growing grassroots wariness of propaganda will lead to change, even it is only short-term.

What is fundamental for Southern African to overcome the underlying structural crisis are democratic, inclusive and accountable participatory developmental states firmly orientated to serve the needs of their counties and peoples, their environments …. and the planetary eco-system.

Walden Bello

The conventional view of Robert McNamara, who passed away a few days ago, is that after serving as the chief engineer of the disastrous U.S. war in Vietnam, he went on in 1968, to serve as president of the World Bank. In this way, he sought to salve his troubled conscience by delivering...

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