Global corporations are increasingly influencing development policy, resulting in partnership agreements like the New Alliance for Food and Nutrition Security that grow corporate profits while endangering the livelihoods of small-scale farmers.
There cannot be any clearer illustration of the impotence of Africa’s continental and regional institutions to find local solutions to the continent’s problems, than their numbing inaction in the face of the wave of popular rebellions against dictators in North Africa sweeping across the continent.
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.
Mining in India has been significant in contributing to the 45 million people displaced thanks to "development" projects, yet the industry is still not being made to compensate communities for the loss of livelihoods, homes and environmental health.
As images of Pakistan coping with the crisis and of its destitute people were being shown on European television, a French air force helicopter was transporting the richest man in Pakistan to his most extravagant European property, a 16th century chateau.
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".
Venezuela has undergone profound political and social changes since Hugo Chávez assumed the presidency in February 1999, which have been reflected in the fundamental pillars of the government’s economic policy.