Obama has not just backpedaled from his campaign commitments to renegotiate the North American Free Trade Agreement (NAFTA). He has ended up expanding the accord which will remove even more checks and balances on the exchange of capital, services, and goods.
The twentieth anniversary of the fall of communism - as system, ideology and strategic challenger to capitalism - is an appropriate moment to assess its legacy. But this must discard triumphalism, and be rooted in an awareness of communism's history, its myths, and its relation to capitalist modernity.
35 years ago, workers at the Lucas Aerospace company formulated an ‘alternative corporate plan’ to convert military production to socially useful and environmentally desirable purposes. What are the lessons for greening the world economy today?