STWR - Share The World's Resources

Rather than seeking to restore the health of Wall Street’s private institutions, a proper plan would seek to rid Wall Street of its purely predatory elements - while dismantling and reassembling its useable institutions to create a new system accountable to the needs of Main Street, says David Korten.

The bailout burden for the financial crisis will not be equally shared unless there is strong and dedicated mobilisation and campaigning across the world - which makes a common cause across issues such as house repossessions, food price rises, and the unaccountability of the financial system. By Alex Wilks.

The turmoil in the financial markets and the resulting slump in the global economy has highlighted the stark inequality in the European Union, reports David Cronin.

The US is poised to lose its role as a global financial “superpower” in the wake of the financial crisis, Peer Steinbrück, German finance minister, said on Thursday as he called for a regulatory crackdown on financial markets. By Bertrand Benoit.

The one trillion dollar bailout package that President Bush is promising could have wiped out the last traces of poverty, hunger, malnutrition and squalor from the face of the Earth - if only our global leadership prioritised the poor with the same level of urgency as the financial crisis, writes Devinder Sharma.

We are in the midst of the most serious financial crisis since the 1929 Wall Street crash. When viewed in a global context, taking into account the instability generated by speculative trade, the implications of this crisis are far-reaching, argues Michel Chossudovsky.

Restructuring the world order will have to be based on conscious attempts to reduce income and wealth inequalities - requiring the north to reduce its consumption of scarce resources and carbon emissions. It's not going to be easy, says Jayati Ghosh.