STWR - Share The World's Resources

The real challenge posed by the current economic crisis is to chart a new course towards higher systemic levels of global cooperation to create lasting social and economic stability, fairness, justice and environmental sustainability, argues Barry K. Gills.

Five winners of the Nobel Prize for economics, including Joseph Stiglitz and Edmund S. Phelps, share their views on why a radical change in the global financial system is needed in order to overcome the current crisis. By Spiegel.

The Wall Street bailout looks a lot like Iraq, a "free-fraud zone"  with no bid contracts, paltry oversight and a conveyor belt of taxpayers money to private business. This 'economic Green Zone' allows Wall Street to profit from a market meltdown that they created, argues Naomi Klein.

Deep structural causes based on free market principles and an addiction to economic growth underpin the global economic crisis. How do we explain these causes - and does the renewed fixation with the policies of John Maynard Keynes offer an adequate solution?

The end of neoliberal economic philosophy following the global financial crisis spells the need for a new international financial framework based on a new global reserve currency. Joseph Stiglitz interviewed in New York by Kiyoshi Okonogi.

The crisis-ridden financial system has long failed to do the basic job required – to underpin our fundamental operating systems. It is time to use finance to support the natural economy of family, community, society and the earth's biosphere, argues Stephen Spratt.

Neoliberal economic theory disregards contrarian evidence to its way of seeing the world, but the current crisis may be severe enough to awaken economists from the ‘deep slumber of a decided opinion,’ says Robert Wade.