"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.
Jennifer Franco, Danny Carranza, Joann Fernandez (Rightsnet)
07 October 2011
A Philippines biofuel project would appear to fit the World Bank's definition of a "win-win" scenario with its promise of jobs and conversion of 'idle land'. However a closer look unveils corporate manipulation, political corruption and exploitation of subsistence farmers that typically accompanies so-called "responsible investment"
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.
China's fast growing capital expansion within South East Asia is raising concerns about landgrabs and exploitative practices, especially as it is often aligned with support for authoritarian regimes such as Burma.
Free trade or slave trade? How the EU's free trade agreements in Colombia and Peru reward human rights abuses, destroy livelihoods, promote land grabbing and strip governments of their sovereignty to regulate capital flows.
The neoliberal FTAs pursued by the EU with Colombia and Peru threaten to exacerbate human rights abuses - which include killings of trade unionists, forced expropriations of indigenous people from land, and environmental destruction - for the sake of corporate profit.
This paper examines global inequalities and the future of capitalism and socialism through an investigation of the oligarchic wealth on which the current global order is based and also looks at growing challenges to these social foundations of the present global system.