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51 items
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    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.

  2. The Coming Global Recession: Building an Internationalist Response

    08 April 2020

    TNI is inviting you to this free webinar on Wednesday, 8 April at 4pm (CET) with Professor Jayati Ghosh, Quinn Slobodian, Walden Bello and Lebohang Pheko on the likely global impacts of the economic fallout from the Coronavirus and how we might be better prepared than the 2008 economic crisis to put forward progressive solutions.

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    Russian liberals in their theatre of the absurd

    Boris Kagarlitsky
    11 May 2010
    Article

    Recently invited to an interview at the World Economic Forum in Davos, Boris Kagarlitsky laments the disillusionment of Russian liberals, who think “real capitalism” doesn’t produce crises, while as the crisis deepens, critical voices draw increasing attention among audiences in the West.

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    Default in Europe

    Boris Kagarlitsky
    16 December 2009
    Article

    The Euro zone crisis cannot be staved off. A building with the bad foundation cannot be durable.

  5. 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.

  6. '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

  7. Say no to the attack on social and democratic rights in Europe!

    30 May 2011
    Article

    On 8 June the EU Parliament will vote on our response to the Eurocrisis: sign this petition by ATTAC asking them to reject the neoliberal austerity package which will make the public pay for the bank's crimes. There are alternatives to austerity.

  8. 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.

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    Everyone has his own problems

    Boris Kagarlitsky
    24 September 2009
    Article
    While the decline in industrial output will cost thousands their jobs, the Russian officials are more concerned with themselves and their friends.
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    Global governance priorities in an interdependent world - balancing the economic and the environmental crisis

    Susan George
    01 March 2010
    Multi-media

    The current crisis has exacerbated the effects of neoliberalism and hugely increased inequality, with money going from labour to capital.

     
  11. Will the financial markets really be tamed?

    Myriam vander Stichele
    12 May 2011
    Article

    Three years since the outbreak of the global financial crisis, the banks are back making mega-profits while the burden has clearly shifted to citizens and workers. However civil society action at European level could still make a difference in reining in the financial sector.

  12. Poverty Rising

    Saul Landau
    16 September 2010
    Article

    As the empire flails in unsuccessful efforts to control 'strategic areas' abroad, its internal politics have devolved into 'The Unreality Game'.

  13. 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.

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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.
  15. 9/11: Ten years later, who have we become?

    Tom Reifer
    13 September 2011
    Article

    Ten years and two wars later, Americans face the monetary and psychological costs of both militarism and Wall Street materialism, effectively bankrupting the country; not to mention the casualties of war at home, and in Afghanistan and Iraq.

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    Going deeper into a new financial architecture

    Marcos Arruda
    09 March 2009
    Article
    We need more than tinkering with banking systems. We need a radical solution to global financial mayhem.
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    G20 makes molehills out of mountains

    Boris Kagarlitsky
    01 October 2009
    Article

    Not knowing how to deal with it, the G20 leaders avoided discussing the crisis, which will come back to haunt us when a new wave of the crisis inevitably hits.

  18. 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.

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    Putting people before profits: opening speech for EA4

    Susan George
    27 May 2010
    Multi-media

    "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.

  20. 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.

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