The free market guru Milton Friedman understood what so many progressives do not: that crises create opportunities for radical change. From low-wage workers, to local entrepreneurs, from independent
thinking elected officials to the global networks that brought you the
Battle in Seattle a decade ago, there's a new questioning of the Wall
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
An international financial architecture will be new if it is aimed at strengthening their members’ capacity to plan and manage sustainably their own endogenous, democratic and sustainable socioeconomic and human development.
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.