Despite causing the worst financial crisis in decades, the financial sector emerged even stronger. TNI's eighth flagship State of Power report examines through essays and infographics the varied dimensions and dynamics of financial power, and how popular movements might regain control over money and finance.
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
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 secretive and lucrative world of international investment arbitration has enriched a small coterie of multi-billion dollar international firms, which actively promote and even help finance litigations against states and have fought fiercely to prevent changes to an unjust international investment regime.
Dr. Pedro Paez talks about the creation of a new financial architecture in Latin America, based on principles of redistribution, environmental sustainability and social cohesion rather than market principles that dominated the old architecture.
This paper examines global inequalities and the future of capitalism and socialism through an investigation of the oligarchic wealth on which the current global order is based and also looks at growing challenges to these social foundations of the present global system.
Free trade or slave trade? How the EU's free trade agreements in Colombia and Peru reward human rights abuses, destroy livelihoods, promote land grabbing and strip governments of their sovereignty to regulate capital flows.
Behind the currency wars and the worsening global economic crisis lies a largely unquestioned free trade model that both contributed to the crisis and, without radical reform, is a major obstacle to overcoming it.
Neoliberal market capitalism has dragged the world into a crisis which threatens human civilisation. Climate destruction, resource wars, and the replacement of democracy by an oligarchy face us if we don't act now to reduce the burden we place on our planet and reorganise society on a more egalitarian basis.
Since its beginnings in 1989, the international anti-money laundering regime has not worked as well as intended. After two decades of failed efforts, experts still ponder how to implement one that does work. A bolder initiative is required at the United Nations level, moving from recommendations to obligations, and fully engaging developing nations.
The multiple crises of the capitalist world economy give the left the unique opportunity to discuss and promote ideas of transformative steps and social alternatives. Which conditions for a post-capitalist world do already exist and what are our responses to this development?
Increasingly centered on and subordinated to the financial sector, the global economy, based on the myth of "infinite" growth and resource exploitation, has come up against serious limits. New forms of development which put people at the center, rather than profit, urgently need addressing.
Underneath a veneer of "prosperity" the majority of the world's population lives in conditions of permanent insecurity or crisis. This paper focuses on the key manifestations of the global financial crisis, briefly examines its immediate causes as well as its deeper systemic factors, then advances a key proposal: things can be done differently if we choose to see the crisis as an opportunity for profound socio-economic, political and cultural change, and decide to act accordingly.
Dark Victory reveals the roots of rising poverty and inequality in the South in a sweeping strategy of global economic rollback unleashed by the US to shore up the North's domination of the international economy and reassert corporate control.
Venezuela has undergone profound political and social changes since Hugo Chávez assumed the presidency in February 1999, which have been reflected in the fundamental pillars of the government’s economic policy.