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23 items
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    Beyond the casino state

    Hilary Wainwright
    28 March 2010
    Article

    Still in thrall to neoliberal nostrums, British politicians compete to dismantle the state as a provider of services, leaving its function as primarily a prop to private capital.

  2. Cuts, cancer and resistance

    aleksej
    15 November 2010
    Article

    The new and extreme austerity measures being introduced by the UK's conservative government will mean that one fifth of everything the national health service does will stop; and this will disproportionately hit cancer patients.

  3. UK election: No political parties offered "big ideas to match the depth of crises”

    Hilary Wainwright
    14 May 2010

    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.

  4. Europe's Nationalists waiting in the dark

    Boris Kagarlitsky
    05 May 2011
    Article

    As Brussels bureaucrats and established political parties struggle to answer the current crisis caused by a faulty economic structure, right-wing nationalist parties have increasingly come to the fore in Europe, with Finland's recent election the last contribution to a worrying trend.

  5. Social efficiency: reforming public services in 21st Century

    Hilary Wainwright
    28 July 2010
    Article

    The ideological reasoning behind UK government policies is that the market is the only way to make public services 'efficient'. Isn't it time we talked about social efficiency, maximising public benefit rather than maximising profit?

  6. Europeanism from below

    Paolo Gerbaudo
    15 February 2012
    Article

    Paolo Gerbaudo reports on the Routes of Europe conference in Florence, arguing that the Italian left must embrace the participatory democracy of the indignados to achieve political purchase.

  7. Europe's Faustian Bargain with Big Finance

    Walden Bello
    24 May 2017
    Article

    Europe's social democrats played a central role in unleashing the financial sector that created the European economic crisis that continues to today.

  8. Asian financial crisis thumbnail image

    Asia and Finance Capital: From the Japanese bubble to China’s financial time bomb

    • Walden Bello
    18 September 2017
    Paper

    This paper dissects the Japanese bubble economy in the late 1980’s and early 1990’s and the Asian Financial Crisis in 1997-98 and shows how they shaped Asia’s capacity to deal with and respond to the 2008 global financial crisis. It looks at how China emerged seemingly unscathed, but warns that the inroads of speculative financial capital into China and East Asia along with ongoing problems of over-production means that a future financial crisis is highly probable.

  9. We want our money back

    David Sogge
    14 July 2011
    Article

    Angry citizens want their nations’ money back and rightfully so. Banks should be curbed instead of allowed to enthusiastically facilitate the illicit outflow of money by dictators.

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    Cuba Undertakes Reforms in Midst of Economic Crisis

    Roger Burbach
    21 September 2009
    Article
    The long food queues in Cuba are still causing frustration, but the open process Raul Castro is following to resolve these issues heralds a new path to socialism in the 21st century.
  11. The USA: Scarecrows on the March

    Atilio Boron
    10 November 2010
    Article

    The U.S. public has accepted as valid and reasonable, affirmations that would have provoked incredulity or hilarity among the most backward and superstitious people in medieval Europe. The clear indication of moral and political decay eating into American Rome.

  12. Europe: social democracy’s Faustian pact with global finance unravels

    • Walden Bello
    18 May 2017
    Paper

    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.

  13. The data of money

    • Andrés Arauz
    28 January 2019
    Paper

    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.

  14. View of Shanghai Pearl Tower

    From Japanese bubble to Chinese time bomb

    Walden Bello
    16 October 2017
    Article

    Asia’s financial crisis came a decade before the global crisis, but it has had a lasting influence and left a legacy that could sow the seeds for the next global crisis.

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    Video: Emerging Powers: Allies or Rivals?

    Boris Kagarlitsky, Dr. Chaohua Wang, Research Scholar in Chinese Studies at the University of California, Los Angeles (UCLA)
    21 January 2011
    Multi-media

    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.

  16. Call for essays on finance and power for State of Power 2019

    23 July 2018
    Article

    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.

  17. «Mettre les marchés sous tutelle»

    Susan George
    22 May 2010

    La Banque centrale européenne doit accepter de prêter à bas taux aux États plutôt que d’avoir recours au FMI.

  18. An Excess of Democracy

    Hilary Wainwright
    09 February 2012
    Article

    The philosophy and experience of radical movements in the 1960s and 70s are in several ways complementary to the ideas of the direct action movements of today. Hilary Wainwright examines the possibility of forging a new kind of political economy by learning from the best of both of them.

  19. State of Power 2019 cover thumbnail

    State of Power 2019

    20 January 2019
    Report

    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.

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