An examination of the World Bank's policies and culture reveal a supranational, non-democratic and extremely powerful institution which functions much like the medieval Church or a monolithic political party, relying on rigid doctrine, hierarchy and a rejection of dissenting ideas to perpetuate its influence.
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
How did the Third World countries accumulate a staggering trillion dollars' worth of debt? Who really shoulders the burden of reimbursement? How should we deal with the debt crisis? Susan George answers these questions with the solid evidence and verve familiar to readers of 'How the Other Half Dies'.
In an unsettling but lucid critique, The Debt boomerang shows that we in the North must also pay the price of World bank and IMF policies that have accelerated deforestation, encouraged mass migrations, fuelled an expanding drug trade and heightened global instability and conflict.
The term crisis implies a short lived period of uncertainty - suggesting there is something temporary or anomalous about the current state of the global economy. On the contrary, our global economy, from the financial clouds (or bubbles) to the real roots - where men and women work, live and survive - is suffering from systemic flaws based on an ever expanding void between rich and poor.
Dot Keet was a Southern African academic and activist involved in many national, African and international networks resisting corporate "free trade" agreements. She was an active member of the national South African Trade Strategy Group (TSG) and the Southern African Peoples Solidarity Network (SAPSN), the key coordinator of the Southern African Social Forum (SASF); as well as the...
This paper examines global inequalities and the future of capitalism and socialism through an investigation of the oligarchic wealth on which the current global order is based and also looks at growing challenges to these social foundations of the present global system.
To which aspects of this crisis should Germans and especially German Christians be most attentive? What would be the right policies to escape from the debt crisis which has been allowed to fester and is now five years old?
The Celtic Tiger might just find its strength and appetite for action in the growth of left leaning electorates and local citizens initiatives. The tailspin of economy caused by austerity policies should be countered by a transparent debt audit.