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.
Don’t miss this lively contest of ideas between two opposing perspectives on neo-liberalism and its impact on the Global South.
The Greek economic crisis is not about living beyond one's means, reports columnist Walden Bello from Athens. It's the same story of unregulated financial speculation all over again.
A state of civil war exists in Thailand, reports columnist Walden Bello, and it has much to do with class.
Civil society proposals to fix the global financial system would benefit ordinary people in impoverished countries and in the United States.
The IMF has introduced reforms with some positive features. But it has not questioned, much less shifted away from, the "market-fundamentalist" orientation it has prescribed and enforced for so long.
Accounts that herald the IMF's "revival" are premature and superficial.
Corruption isn't just about corrupt leaders and their private stashes. The international financial community is also part of the problem.
Heres the good, the bad, and whats next.
Among the most embarrassing, yet often overlooked economic policies of the Bush and Clinton years was the penchant for making other countries restrict capital controls, even though such controls had proved effective against financial volatility.