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.
Call to all the social networks and organisations, trades unions, political forces and civil society movements to join the Peoples' Alternative Summit in defense of peoples' sovereignty, human rights, participatory democracy, labour rights, the rights of women and indigenous peoples, social justice, the defense of the environment in the face of climate change, and the establishment of peace.
In a recent editorial comment, The Economist issued a solemn call to all believers in global capitalism not to despair, not to panick, and to do nothing that could endanger the capitalist system (October 18-24, 2008). The magazine invoked the words and spirit of its founder, the Scottish businessman, James Wilson, who, about 165 years ago, gave the paper the philosophy of "economic liberty".
"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?
One week before the official Asia-Europe government meeting (ASEM) gathers in Milan, over 400 people from 42 countries in Europe and Asia gathered at the 10th Asia-Europe Peoples forum (AEPF) to present their demands and recommendations.
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?
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.
Dark Victory reveals the roots of rising poverty and inequality in the South in a sweeping strategy of global economic rollback unleashed by the US to shore up the North's domination of the international economy and reassert corporate control.