Davos, perhaps more than any other gathering, epitomises the way political power and global governance have in recent decades been entrenched into a small corporate elite. This elite have succeeded not only in capturing our economy, but also our politics, and increasingly our culture and society too.
Praful Bidwai, How rising inequality threatens our democracy
11 February 2014
India is becoming an increasingly inequitable, “rich-take-all”, pathological, society marked by exclusion and immobility, where an individual’s circumstances of birth, and class and caste privileges, matter more than his/her effort.
Peter Whittaker reviews How to win the Class War by Susan George for the New Internationalist: "The biggest danger to capitalism would be co-operation between the range of social forces opposing neoliberal control".
Who are the global 1%? What companies do they run? How do they escape accountability? Check out TNI's powerful infographic displays that expose the social and environmental costs of global corporate power.
The occupy movement has achieved an incredible and much-needed shake-up of a long-standing political stasis in the US and elsewhere, but it is crucial now to highlight the connection between failed foreign policy, bloated military spending and illegal wars, and the economic crisis at home.
The ancient discussion about the purposes of wealth and the conflict between oligarchy – rule of the rich – and democracy – the rule of the demos/the people comes to the fore once again with the Occupy protests.
"The banks are ours!" Public money was used to bail out the banks, and now they are lending back to the public at interest, while governments ignore the social and environmental crises that confront society. It is time to demand real solutions that will work not only for the sake of the economy but for the lives and conditions of people on whom it depends.
The Permanent Peoples' Tribunal (PPT) will convene in Madrid (14-17 May 2010) as part of the Fourth Peoples' Alternatives Summit - Enlazandos Alternativas 4 (EA4) - in parallel to the EU's trade negotiations with Latin American and Caribbean (LAC) nations.
The “corruption-causes-poverty” narrative has become a standard tool in the hegemonic discourse kit for leaders in some developing countries - where in fact, Waldon Bello argues, it is neoliberal economic policies that are really to blame for poverty. Thailand’s “Red Shirts” are not, however, being distracted by the “corruption” line the World Bank and IMF are pushing, choosing instead to keep their eyes on the prize - the real answer to poverty - replacing neoliberalism with pro-people economic policies.
Recently invited to an interview at the World Economic Forum in Davos, Boris Kagarlitsky laments the disillusionment of Russian liberals, who think “real capitalism” doesn’t produce crises, while as the crisis deepens, critical voices draw increasing attention among audiences in the West.
The first anniversary of Lehman Brothers’ collapse and last week’s meeting of the G20 countries have provoked numerous reflections on the causes and possible solutions to the current financial and economic mess. The problem is that the majority of these deal with cosmetic rather than the profound changes needed to get the global economy back on track.
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.