The economic elites are turning to a neoliberal Keynesianism to save the crisis of capitalism, which is doomed to fail because it does not address its root causes.

The G20 is going to be around for some time. But it will probably be as ineffective as the G8 in stabilizing global capitalism.

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.