Search results

14 items
  1. 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.

  2. State of Power 2019 cover thumbnail

    Rome: financial power against a city of solidarity

    • Biagio Quattrocchi, Vanessa Bilancetti , Francesco Silvi
    23 January 2019
    Paper

    Rome’s municipality has accumulated enormous debt, creating an emergency used to close any sort of public space, both physical and discussion. The narrative regarding the debt has been used to attack what we call the city of solidarity – groups, associations, and occupied places that are working to build community as opposed to accumulating profit.

  3. Building post-capitalist futures

    27 November 2018
    Paper

    Over several sunny days in June 2018, a diverse group of 60 activists and researchers from 30 countries convened for a multi-day meeting to discuss the collective building of post-capitalist futures. The meeting provided the opportunity for a rich exchange of perspectives and experiences, as well as deep discussion and debate. The goal of the meeting was not to achieve consensus both an impossible and unnecessary endeavour but rather to stimulate mutual learning, challenge one another and advance analyses.

  4. Bolivia: The Left in Power

    • Linda Farthing
    02 October 2018
    Paper

    Social movements need to grapple with not only building successful political parties and winning power but also with using that power strategically to best implement change. This report examines the critical role played by Movimiento al Socialismo (MAS) government employees and the challenges they faced in advancing a social and economic justice agenda within Bolivia. How can progressive government employees remain true to their political ideology while ensuring the execution of a professional and fair public bureaucracy?

  5. Ladakhi girls

    Localisation: a strategic solution to globalised authoritarianism

    • Helena Norberg-Hodge
    05 May 2018
    Paper

    Authoritarian politics have risen in the context of profound political, economic, social and ecological insecurity caused by corporate-led globalisation. The movement for economic localisation has the potential to unite communities, disarm authoritarian politicians, restore democracy and build a real economy based on sustainable use of natural resources.

  6. Examining Barcelona en Comu's attempt to be a movement-party

    06 March 2018
    Paper

    The radical citizens' movement and party, Barcelona en Comú, has a goal of democratizing the relationship between civil society and city institutions by transforming the traditional structures of political parties and creating new formsof democratic political participation. Through the study of one of the city's many neighbourhood assemblies, Zelinka examines whether it is possible for a political organization to be movement and institution at the same time and what kind of challenges, conflicts and opportunities emerge through this undertaking.

  7. Fighting for public health

    • Desirée Enlund
    19 January 2018
    Paper

    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?

  8. How Public Banks Can Help Finance a Green and Just Energy Transformation

    • Thomas Marois
    15 November 2017
    Paper

    Every day public banks are developing new and innovative ways of financing a green transformation. This issue brief explores the lessons from two public banks, one in Costa Rica  and the other in Germany.

  9. Indonesian Supreme Court Terminates Water Privatization

    Satoko Kishimoto
    17 October 2017
    Opinion

    The Indonesian Supreme Court ordered termination of water privatization  and restoration of public management to ensure human right to water. We stay vigilant for transparent and accountable transition.

  10. 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.

  11. 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.

  12. Opinion: PPPs lead to dangerous debts for developing countries

    María José Romero, Mathieu Vervynckt
    01 March 2017
    Opinion

    For many years, public-private partnerships have been promoted by governments and financial institutions as a way to pay for development projects such as roads, schools and hospitals.

  13. Keynesianism in the Great Recession

    • Walden Bello
    22 February 2017
    Paper

    The derailment of progressive Keynesianism by Obama’s conservative, technocratic Keynesianism resulted in a protracted recovery, continuing high unemployment, millions of foreclosed or bankrupt households fending for themselves, and more scandals in a Wall Street where nothing had changed. Obama did not pay for this tragic outcome in 2012, but Hillary Clinton did in 2016.

  14. The winners and losers in EU’s great privatisation fire sale

    23 February 2016
    Opinion

    Selling state assets such as ports and airports in order to meet bailout requirements is not a realistic solution to the financial crisis.