The international bank transfer system, SWIFT, is a form of contemporary digital colonialism and surveillance capitalism as it is run by US firms and provides data to US government agencies. Drives by governments and philanthropists to increase use of digital money will only strengthen it further.
The rural communities in the Västernorrland county of Northern Sweden are not used to being in the national spotlight, but in 2017 their struggle to stop cutbacks in maternity and emergency care made national news. What are the lessons for all those involved in building counter-power in rural areas of the Global North?
This paper focuses on how the global economic crisis unfolded in Europe, where a toxic mix of financial liberalization, highly-leverage banks, a poorly-planned euro and Germany’s years of structural adjustment created a deeply unbalanced and highly indebted European economy, that was brought into sharp focus as Wall Street banks collapsed. The result was the reversal of Europe's economic integration and a state of permanent crisis that continues to this day.
One of the world's leading political thinkers and human rights activists, Susan George, will speak out against the growing influence of "illegitimate corporate power" in a keynote address at the University of Sydney this Thursday 29 August.
On the 3-4th of September in St. Petersburg a counter-summit, a large-scale international event that aims to be an alternative to the September G20 Summit and to develop new principles of economic and social policy that are not based on the "Washington Consensus" will be held.