Keynesianism offered important tools for overcoming the economic crisis, but its application by Obama's government was too half-hearted and misdirected (going to banks rather than households) to effectively reduce the recession. Clinton paid the price.
The fallout from the current phase of capitalism has become more manifest globally in 2016, provoking unexpected political responses. However, the people most severely impacted by the current economic crisis have largely chosen to support political figures and positions[i] contrary to those that have been elaborated for years by the alter-globalisation left, also known as the global justice movement.
Nous avons la possibilité de créer de nouvelles identité de nouvelles tribus, créer de nouvelle façon de communiquer communication non violente alors depuis toujours les groupes tentent de poser de nouvelle cultures et cela se passe dans les expressions culturelles qui au début sont marginales mais finissent par être normalisées.
Residents of the Dutch city of Groningen, where gas is being extracted by the Dutch Petroleum Company (NAM), have lost confidence in the company, and in the regulations intended to protect them. Social movements, civil society organisations and local political parties gathered and discussed the dismantling of the NAM and the need to democratise the energy sector.
Two months ago, the Government of India announced a massive demonetisation exercise that effectively nullified 86% of the currency in circulation. Economist and Former Member of the Planning Commission of India, Professor Abhijit Sen speaks to Benny Kuruvilla of TNI about its failed attempt at curtailing black money. Sen further elaborates on its body blow to Indian agriculture and employment- both in the informal and formal sectors. With challenges looming on the domestic and international economic front, 2017 does indeed look bleak for the Modi Government.
On 26 june 2014 the UN Human Rights Council adopted resolution 26-9 giving an intergovernmental working group a mandate to elaborate and an international legally binding framework of human rights law with respect to the activities of Transnational Corporations. Here's a clip of the second session of the working group as Susan George is given the floor.
Amidst the many challenges Myanmar now faces, the threats to the environment are urgent – and they are growing more extreme. The situation is especially serious in the case of mega dams and hydropower where a host of projects are being promoted, without appropriate planning or public consultation, that are likely to cause irreversible harm to communities and natural ecosystems around the country. Not only are many of the projects located in nationality areas that are conflict zones, but the bulk of the energy produced will also be exported to neighbouring countries.
The economic and political rise of the BRICS countries (Brazil, Russia, India, China and South Africa) has far-reaching implications for global agrarian transformation as key sites of production, circulation and consumption of agricultural commodities.
Susan George joined an expert panel on the first day of a meeting of a working group of the UN Human Rights Council, tasked with developing a treaty on transnational corporations and human rights. She spoke with the Global Campaign to Dismantle Corporate Power about the history of UN action on transnational corporations, the potential pitfalls of the current treaty negotiations, and the range of tax abuses, wage evasion, and investor protection weapons that transnational corporations can use.
Erika Gonzalez, Mónica Vargas, Juan Hernández Zubizarreta
13 October 2016
The “Global Campaign to Dismantle Corporate Power and Stop Impunity” is an initiative of social movements and communities from all over the world affected negatively by corporations. It seeks to denounce the “architecture of impunity” that benefits corporations, and is fighting for a binding international treaty which would give human rights precedence over trade regulations. Another project is that of a “Peoples’ Centre”, which would document corporate abuse and offer alternatives.
Geocide is the collective action of a single species among millions of other species which is changing planet Earth to the point that it can become unrecognisable and unfit for life. But we still have a chance; human beings can overcome even threats as terrifying as geocide, says Susan George.
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.