After a brief period of destabilisation, self-justification and the occasional mea culpa, the very people and institutions that plunged the world into crisis have re-emerged unscathed, as the fount of truth and all reasonable policy.
The massive concentration and growth of corporate power poses a major threat to what remains of public services, highlighting the ever-deepening crisis of democracy, and the urgent need for people to reclaim the state.
The role of major supermarkets like Tesco in wiping out small retailers across Europe is well known. Now the giants have India in their sights. For a country in which small-scale retail employs 33 million people, what kind of impact will this have?
The Irish government announcement of a €34 billion Euro bailout, two years after the financial crisis first broke, is a reminder that little has been done to prevent it happening again just as the social costs are becoming ever more evident.
Mining in India has been significant in contributing to the 45 million people displaced thanks to "development" projects, yet the industry is still not being made to compensate communities for the loss of livelihoods, homes and environmental health.
"The financial crisis" is one facet of the systemic and converging crises of capitalism - a predictable symptom of oligopolistic late capitalism; but what main challenges lie ahead for the Left in South Africa?
Despite repeated democratic rejection of the Lisbon Treaty, the European Commission pushed ahead with it via the EU Constitution via a private, technocratic and non-democratic process. Susan discussed the treaty and its implications in a workshop at the EA4 summit in Madrid, 15 May 2010.
"The banks are ours!" Public money was used to bail out the banks, and now they are lending back to the public at interest, while governments ignore the social and environmental crises that confront society. It is time to demand real solutions that will work not only for the sake of the economy but for the lives and conditions of people on whom it depends.
Washington-style practices of corporate lobbying have crept up on New Delhi politics, subverting the policy-making process to meet the profit imperatives of private corporations. The new trend of corporate lobbying in India presents a real and serious threat to democracy.
This year's Madrid summit marks a key milestone in the ongoing development of the Enlazando Alternativas network for both highlighting EU complicity with human rights and environmental abuses and highlighting the real alternatives offered by social movements of integration and development that respect the rights of people, communities, and protect the environment.
The Permanent Peoples' Tribunal (PPT) will convene in Madrid (14-17 May 2010) as part of the Fourth Peoples' Alternatives Summit - Enlazandos Alternativas 4 (EA4) - in parallel to the EU's trade negotiations with Latin American and Caribbean (LAC) nations.