Despite large aid support, Ghana's privatised water utility AVRL consistently failed to meet its contractual commitments. Water is now back in state hands, but it will need increased investment and a vigilant civil society to deliver the services Ghanaians need.
Davos, perhaps more than any other gathering, epitomises the way political power and global governance have in recent decades been entrenched into a small corporate elite. This elite have succeeded not only in capturing our economy, but also our politics, and increasingly our culture and society too.
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.
Peter Whittaker reviews How to win the Class War by Susan George for the New Internationalist: "The biggest danger to capitalism would be co-operation between the range of social forces opposing neoliberal control".
Who are the global 1%? What companies do they run? How do they escape accountability? Check out TNI's powerful infographic displays that expose the social and environmental costs of global corporate power.
The Celtic Tiger might just find its strength and appetite for action in the growth of left leaning electorates and local citizens initiatives. The tailspin of economy caused by austerity policies should be countered by a transparent debt audit.
The occupy movement has achieved an incredible and much-needed shake-up of a long-standing political stasis in the US and elsewhere, but it is crucial now to highlight the connection between failed foreign policy, bloated military spending and illegal wars, and the economic crisis at home.
Marica Frangakis, Nicos Poulantzas Institute, Athens
07 October 2011
Every story needs a narrative, an explanation of why things happened the way they did. In such a narrative lie the answers of how to avoid/correct similar developments in the future and how to propagate positive ones.
One hundred and forty years after the Paris Commune similar demands for democratic change resonate strongly in Spain. Recent mass mobilisations show the Spanish people have had enough of politics that serve only the interests of a few, while public interests are subordinated to the profit imperatives of big business.
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.
More than 90 environment, development, human rights, and anti-debt organizations from around the world want the Bank to have no say in setting up this key new tool for helping poor nations address climate change.
The U.S. and India should not sign a treaty that will only serve the short-term interests of large corporations, and undermine the authority of governments to protect their people from financial crisis.
Alternatives to neo-liberal globalisation are needed that not only change people-to-people and South-South relations and situations, but also South-North relations and inter-actions to the benefit of all of humanity and our common planetary home.
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.