Global finance is only one facet of multiple crises facing human civilization - crises over food, water, climate, energy as well as the global economy urgently need to be addressed. So far, neoliberal responses of governments have been to tackle finance alone - by replacing a banker or by pumping money into the system. But it is the system itself - that is in crisis.
In this special edition of Globalizations, François Houtart outlines the interlinked but different elements of the multiple crises we face, and makes radical suggestions for moving beyond the current state of affairs - through addressing all together.
The Mayapuri cobalt-60 episode shows Delhi University scientists were reprehensible and proves again that the Atomic Energy Regulatory Board is too inept, unreliable and compromised to perform its assigned functions. We need another agency.
Small farmers are being driven off their land in Maharashtra to make way for the Indian government's planned "nuclear park" - to be built by the French company AREVA. Yet, nuclear energy is notoriously slow, costly, inefficient and dangerous to develop, as demonstrated by a global decline in nuclear power that contradicts recent government enthusiasm.
Even with increases in energy efficiency, and despite the 45 percent who have no electricity connection - India's policy goal to quadruple energy consumption by 2032 represents a catestrophic GDP-ism focused on destructive models of development.
President Obama’s decision comes despite the fact that US government and independent models predict an 80% chance Polar Bears will become mostly extinct by 2050, with total extinction this century without cuts in emissions.
Around a hundred thousand people perished in Chernobyl. The toll from the nuclear disaster in Fukushima is likely to be high. The CNDP demands a moratorium on all further civilian nuclear activities in India and thorough review and transparent audit of the safety performance of all nuclear reactors.
Despite a terrible history with nuclear technology, corporate and state actors try to disconnect these mega disasters from the energy industry in order to "normalise" that which continues threatens our very existance.
The Japanese crisis is a wake up call for India, which is currently building of one of the world's largest nuclear power plants at Jaitapur, despite massive popular protest. When such a disaster can occur in an industrially advanced country like Japan, India, whose atomic agency is notorious for its poor safety standards, needs to rethink its nuclear ambitions.
As the Japanese nuclear crisis escalates in severity, and the myth about nuclear energy being safe is exposed - movements around the world are calling for a change of policy and moratoriums on plant construction.
There are 20 nuclear power plants in India, two in Pakistan and plans exist to expand the industry across South Asia; yet there are always multiple risks that exist as a result of the technology that cannot be mitigated.