What we saw in the UK election campaign and the recent coalition deal is the level of opportunism amongst the political parties, and the real absence of politics and ideas on how to deal with major crises in the economy, over climate change and of our political institutions.
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 “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.
The new and extreme austerity measures being introduced by the UK's conservative government will mean that one fifth of everything the national health service does will stop; and this will disproportionately hit cancer patients.
There are many important factors to consider when speaking broadly of China's role in Africa, and one should avoid falling into the trap of simplistic comparisons with historic African-European relations.
The U.S. public has accepted as valid and reasonable, affirmations that would have provoked incredulity or hilarity among the most backward and superstitious people in medieval Europe. The clear indication of moral and political decay eating into American Rome.
"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?
The U.S. and India should not sign a treaty that will only serve the short-term interests of large corporations, and undermine the authority of governments to protect their people from financial crisis.
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.
A new bill has been passed in Russia that will extensively roll back Government funding of education, the arts and social services - by introducing per capita financing - that will punish smaller towns and downgrade quality in the larger ones.
The flawed neoliberal notion behind India's hosting of the Commonwealth Games, that 'development' starts with attracting foreign capital investment - has brought only corruption and the destruction of communities to Dehli.
Behind the deaths, military repression and violence that has flared up on the streets of Bangkok lies another story of a country following the dictates of the IMF and the markets, which increased inequalities and unemployment for many Thais and created the resentment that will continue to fuel conflict in Thailand.
The ideological reasoning behind UK government policies is that the market is the only way to make public services 'efficient'. Isn't it time we talked about social efficiency, maximising public benefit rather than maximising profit?
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.