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News and Analysis

The Triumphant Return of John Maynard Keynes

The risk today is that the new Keynesian doctrines for financial regulation will be used and abused to serve some of the same interests. Have those who pushed deregulation ten years ago learned their lesson? Or will they simply push for cosmetic reforms, asks Joseph Stiglitz.

Neoliberalism and Bottom-Line Morality: Notes on Greenspan, Rubin, and the Party of Davos

Business economic and political power has become firmly entrenched in establishment thought and practice over the past thirty years, thanks to the unduly influence of Alan Greenspan and other key advocates of neoliberal ideology and policy, writes Edward S. Herman.

The Nuclear Non-Protestation Treaty

The rise of the Nuclear Non-Proliferation Treaty has resulted in the demise of disarmament movements, killing off global protests against nuclear weapons. Once the only danger becomes their acquisition by poor states, their retention by rich ones can be forgotten, argues Susan Watkins.

Paying our Climate Debt

Government efforts to tackle climate change through carbon trading remain inadequate due to the driving motive of market led growth. But what are the ramifications of this policy and who will pay the price? By Daphne Wysham.

The Importance of Public Banking

Public ownership of banks, besides preventing periodic economic crises, can subordinate the profit motive to social objectives and fashion a system of inclusive finance, argues C.P. Chandrasekhar.

Spotlight on the 'Kyoto II' Climate Change Negotiations in Poznan

As world nations meet in Poznan, Poland, to continue negotiations on a new climate treaty to succeed the Kyoto Protocol in 2012, serious questions are being raised about the possibility of slashing global carbon emissions by the necessary minimum of 50% by 2050. 

US Hegemony Will Continue to Decline, says Chomsky

It is true that Bush II has severely harmed the interests of those who own and run society, one reason why he has come under such intense criticism within the mainstream. But it has hardly been a lethal blow, argues Noam Chomsky.

"This World Order Is Not Just Murderous, It Is Absurd"

Fighting against the imbalance in the world, in his book the ‘Hatred of the West' Jean Ziegler calls for a new social contract based on global solidarity and dialogue between the South and the West. Interview conducted by Cathy Ceiba.

European Union Policies and Migration

The European Union response to increasing numbers of desperate migrants attempting to enter its borders has been to tighten security and close its borders. Would a better solution be to analyse the factors that made them move in the first place? By Susan George.

Britain's Neo-Liberal State

The global financial crisis exposes anew the flaws of a British polity that resists democratic modernisation, illustrating that the United Kingdom remains 'unfit for purpose'. We now need a new approach to the state that ends the fusion between money and politics, say Anthony Barnett and Gerry Hassan.

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