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.
Despite causing the worst financial crisis in decades, the financial sector emerged even stronger. TNI's eighth flagship State of Power report examines through essays and infographics the varied dimensions and dynamics of financial power, and how popular movements might regain control over money and finance.
The Transnational Institute (TNI) in the Netherlands is issuing an open call for essays, short papers, infographics and artistic collaborations for its forthcoming State of Power report launched in late January 2019 to coincide with the World Economic Forum in Davos. In 2019, we are particularly looking for accessible, engaging essays and artistic explorations that explore the issue of finance and power.
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?
Popular movements everywhere are on the rise at the same time as we face ever-greater corporate impunity and increasing state violence. In TNI's seventh flagship State of Power report, we examine today's social movements, their potential to build counter-power, and how we can best resist injustice as well as lay grounds for long-term transformation.
The Transnational Institute (TNI) in the Netherlands is issuing an open call for essays/short papers and artistic collaborations for its forthcoming report on the issue of counter-power. Abstract deadline extension: 17 September
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.
The Bail Out Business is the most comprehensive and thorough analysis of the response to the 2008 financial crisis to understand who benefits from rescue packages in the EU. How effective were the bail out measures? What were the hidden costs to the taxpayer? and what was the role of the Big Four (audit firms) and financial consultancy firms in the business of designing and implementing bail out programs in EU Member States?
Residents of the Dutch city of Groningen, where gas is being extracted by the Dutch Petroleum Company (NAM), have lost confidence in the company, and in the regulations intended to protect them. Social movements, civil society organisations and local political parties gathered and discussed the dismantling of the NAM and the need to democratise the energy sector.
The absence of over 70 percent of international delegates, denied temporary visa by the Canadian government, overshadowed the World Social Forum. Despite this saddening fact TNI's team managed to host and participate in a broad and diverse range of discussions, workshops and activities, for instance in the convergence space of “People and Planet before Profit. Moving away from Free Trade and Extractivism to Dismantle Corporate Power”.
TNI and the Global Campaign to Reclaim Peoples Sovereignty, Dismantle Corporate Power and Stop Impunity were present at the World Social Forum to meet with partners and allies and develop analyses and strategies of mobilisation on Corporate Impunity, Public Alternatives, and Free Trade and Investment Agreements.
Privatisations of state-owned assets have become a central plank of EU/Troika agreements with debtor nations such as Greece, Ireland, Italy, Spain and Portugal, but there has been little examination of their track record nor an examination of who really benefits. This report puts a spotlight on the legal and financial corporate giants making millions out of the new wave of privatisations across Europe.
TNI's fifth annual State of Power 2016 report explores the intersect of power and democracy. Featuring prominent activists and academics, its essays feature the long battle between economic power and popular democracy, expose the different powers seeking to undermine democracy today, and tell the stories of radical popular democratic alternatives emerging worldwide.
Experiences and experiments in Spain, Brazil, Istanbul and other cities suggest that a transnational municipalism, based on concepts of an open source city (free online tools and active citizen participation), has the potential to regenerate democracy and build a geopolitics of the commons against neoliberalism.