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The financial crisis, an unjustified faith in multilateral system solutions and a potentially relegitimised form of neoliberalism via the election of Barack Obama as US president points to a sober conclusion: that free market economics is far from over, says Patrick Bond.
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Given the need for
global legitimacy to promote their interests in a world where the
balance of power is shifting towards the South, western elites might
find more attractive an offshoot of European Social Democracy and New
Deal liberalism that one might call "Global Social Democracy", writes Walden Bello.
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Environmental consciousness is providing
American political leaders with the unprecedented opportunity to place
the consumption question on the national agenda. Here's how government can help curb America's seemingly endless appetite for 'more', says David Villano.
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Solving the climate
crisis cannot be treated like a wage deal, with the demands of each
side balanced somewhere in the middle. Speed is of
the essence in transitioning to a post-carbon economy as
quickly as humanly possible - we cannot wait for the market to build a
sustainable society, argues David Spratt.
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The explosion of piracy off Somalia's coast is an attention-grabbing product of internal chaos in the Horn of Africa country - but what are the underlying causes of economic, political and humanitarian meltdown in Somalia?
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Calls for a league of democratic nations remain short-sighted
and ill-conceived - rather, liberal democracies should strengthen the original
expression of international cooperation and multilateralism: the United Nations. By Daniele
Archibugi.
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The Israel blockade of Gaza has resulted in impoverishment, hunger and unemployment rates of nearly 50 percent. Such policies are based on two fundamental goals: to ensure that Palestinians are seen as a humanitarian rather than a political problem, and to foist Gaza onto Egypt,
argues Sara Roy.
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The financial crisis presents both a golden opportunity and a threat to the left, although the window of opportunity will be brief, much time has
already been lost, and there is sadly no sign of a British Keynes for the 21st century, writes Larry Elliott.
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The financial crisis is a consequence of the pervasive impact of
market-driven ideology and policy on political, economic and social
life across the globe. The profound consequences demand a rethinking of the role of the state in modern societies, says George Schöpflin.
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'Well-behaved' markets should not only be more stable, they should be
more morally acceptable. Rejecting the inevitability of market-based globalisation would not
necessarily be harmful - especially if it were accompanied by a
reassertion of democracy at a national level, argues Robert Skidelsky.
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