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22 items
  1. Disrupting European authoritarianism

    • Nikolai Huke, David Bailey, Mònica Clua-Losada, Julia Lux, Olatz Ribera Almandoz
    02 May 2018
    Paper

    EU institutions and governments responded to the Eurozone crisis with a combination of austerity and authoritarianism that increased precarity and eroded liberal democracy. However, a survey of social movements shows that this technocratic depoliticization was only partially successful as the increasing exclusion of people from democratic decision-making also sparked novel forms of organizing  that have opened up potential avenues for radical social change.

  2. 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.

  3. 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.

  4. Revisiting the lessons of the Battle of Seattle and its aftermath

    Walden Bello
    25 August 2016
    Article

    Walden Bello shares some reflections on the meaning of Seattle for change in knowledge systems, discusses how despite the deep crisis of neoliberalism, finance capital has managed to retain tremendous power, and appeals for a new comprehensive vision of the desirable society.

  5. Tyranny of finance thumbnail image

    The tyranny of global finance

    • Walden Bello
    19 January 2016
    Report

    Against all expectations, financial capital has emerged even stronger after the financial crisis having staved off regulation and putting the blame on public spending. But its victory is likely a pyrrhic one as a new crisis looms, one in which the global public could learn from victories such as reforms in Iceland and finally reassert its control over money.

  6. Notes for a political economy of creativity and solidarity

    • Hilary Wainwright
    23 October 2013
    Paper

    How can society move towards forms of economic organisation that place human creativity, including a respectful relationship to nature, at their centre?

  7. The European crisis through the lens of financialisation

    Antonio Tricarico
    09 May 2012
    Article

    The financial sector through the Euro crisis hopes to further extract wealth from public sectors, driven by its goal to commodify the whole economy and nature itself.

  8. Time for the EU to shut down the casino

    Myriam vander Stichele
    22 July 2011
    Article

    Until the European Commission shows it has learnt the lessons of the 2008 financial crisis and demonstrates the political will to re-regulate the financial sector, it will be unable to resolve the crises in Greece, Ireland and Portugal

  9. Voices from the World Social Forum

    Susan George
    08 February 2011
    Article

    Although initiated as a counter-forum to Davos, the World Social Forum has evolved beyond it now, focusing on the root causes of problems facing humanity and developing real alternatives as solutions.

  10. Prevailing policy for our times: reward the guilty, punish the innocent

    Susan George
    05 November 2010
    Article

    After a brief period of destabilisation, self-justification and the occasional mea culpa, the very people and institutions that plunged the world into crisis have re-emerged unscathed, as the fount of truth and all reasonable policy.

  11. Poor recovery, high costs

    Praful Bidwai
    28 October 2010
    Article

    The Great Recession shows no clear signs of ending, but conservative solutions to it have already wrought great long-term social damage.

  12. Corporate capture at the heart of Europe

    Olivier Hoedeman
    06 October 2010
    Article

    The Irish government announcement of a €34 billion Euro bailout, two years after the financial crisis first broke, is a reminder that little has been done to prevent it happening again just as the social costs are becoming ever more evident.

  13. 'Save Us From These Bankers, Fast'

    David Cronin
    19 July 2010
    Article

    Besieged by bankers opposed to regulation of their sector, members of the European Parliament (MEPs) have taken an unusual step

  14. Thumbnail

    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.

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    Putin and Europe on the same crisis page

    Boris Kagarlitsky
    04 March 2010
    Article

    The current wave of strikes across Europe are only a prelude to what will come, as the ruling elite are not prepared to change their anti-crisis policies that have merely supported the corporations that caused the crisis.

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    The World Crisis and Beyond - Building a New Global Solidarity

    04 February 2010
    Report

    Neoliberal market capitalism has dragged the world into a crisis which threatens human civilisation. Climate destruction, resource wars, and the replacement of democracy by an oligarchy face us if we don't act now to reduce the burden we place on our planet and reorganise society on a more egalitarian  basis.

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    Rethinking the US stimulus package

    Barry K Gills
    11 November 2009
    Opinion

    The failure of the US administration to adopt a truly Keynesian package for stimulating the US economy is likely to lead to further crisis and misses the opportunity to transition to a green economy.

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    Histories of the Present: Giovanni Arrighi, the Longue Duree of Geohistorical Capitalism, and the Current Crisis

    Tom Reifer
    08 July 2009
    Article
    The range and scope of Giovanni Arrighi’s intellectual work – and in particular his ability to provide analysis rooted in a long-term geohistorical context - is truly an astonishing achievement,while his generosity of spirit towards his intellectual interlocutors had few equals.
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    UN Conference on the world financial and economic crisis

    24 June 2009
    Article

    Spearheaded by the current President of the UN General Assembly Miguel D´Escoto Brockmann, the UN Conference on the Financial and Economic Crisis and its Impacts on Development took place from June 24-26, 2009.

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    Casino Crash: the end of neo-liberalism? (Video)

    Howard Wachtel, Myriam vander Stichele, Susan George, Barry Gills
    27 November 2008
    Article
    Does the greatest financial crisis since the Wall Street crash of 1929 mean that the 'capitalism as we know it' has reached its end? TNI panelists analyse the causes and consequences of the on-going global financial crisis and discuss its profound implications for a changed world order.

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