"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 language contained in agreements being negotiated by the EU through the WTO with their southern counterparts often deliberately diguises real political goals, obscuring the negative economic implications for those countries of the neoliberal agenda.
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.
The Land Deal Politics Initiative calls for applications to their small grant competition. Grants are available to undertake original field research, carry out follow up fieldwork on an ongoing related initiative, or write up a paper based on research.
Susan George appeared on the major French radio network France Inter to debate the financial crisis and regulation. Her most recent book "Their Crises, Our Solutions" has been published in French ("Leurs Crises, Nos Solutions"); the English version is due to be published in September.
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.
South Africa is playing a significant role in supporting and extending the power of the World Trade Organisation, a new system of global government. This not only entails South Africa surrendering its own policy-making rights and space, but also means bargaining away the South African peoples’ democratic rights to determine their country’s internal economic, environmental, social and cultural policies.
As images of Pakistan coping with the crisis and of its destitute people were being shown on European television, a French air force helicopter was transporting the richest man in Pakistan to his most extravagant European property, a 16th century chateau.
Whose interest does the ten-year Strategy document for Africa actually serve? The World Bank has shown little insight into the real problems Africa faces, focusing instead on ineffective policies, support for repressive regimes and projects that are known to have failed.
Reclaiming Development, a closely-argued critique of neoliberal economic policy, is debunking development orthodoxies at its best. Republished now, ten years after its first appearance, the book has lost none of its relevance for students and those trying to re-direct economic policies away from their financialized doom-loops.
In a recent editorial comment, The Economist issued a solemn call to all believers in global capitalism not to despair, not to panick, and to do nothing that could endanger the capitalist system (October 18-24, 2008). The magazine invoked the words and spirit of its founder, the Scottish businessman, James Wilson, who, about 165 years ago, gave the paper the philosophy of "economic liberty".
This book takes readers on a journey through the rise and fall of the one-size-fits-all model of development that richer nations began imposing on poorer ones three decades ago. It brings into question the entire conventional notion of “development,” and offers readers a new lens through which to view the way forward for poorer nations and poorer people.