Debate between leading European and Asian analysts on the decline of European power, the economic rise of China and India, the likelihood of global recession, climate change and proposed alternatives to the current global economic model.

"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.

Walden Bello speaks at the University of Minnesota where he discusses China’s role in the global climate politics and the implication of the current global economic downturn for the climate policy and development.

Walden Bello talks about the climate change from the developing countries’ perspective at Australia's Climate Action Summit

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