STWR - Share The World's Resources

Public intellectuals and the Anglo-American left have overlooked the one grievance which cuts across all regimes of the world - namely inflation, especially in vital necessities such as food and fuel costs, writes James Petras.

The flaws of laissez-faire economics are again evident in the latest set of financial debacles - requiring fundamental reforms in global finance, writes Hazel Henderson.

The precedent of the United States's great depression and Japan's post-bubble collapse should haunt today's G8 summiteers, says Ann Pettifor.

The food crisis is actually a convergence of two crises - that of speculation driving a 'bubble economy', and the crisis of global agriculture created by international financial institutions, writes Sameer Dossani.

As the credit crunch deepens and prices spiral upwards, the antics of the hedge fund managers are making our lives even worse, writes Will Hutton.

Banks need reining in - and to be punished for their stupidity and recklessness, says The Guardian's economics editor Larry Elliott.

The US mortgage crisis has spiralled into "the largest financial shock since the Great Depression" and there is a one-in-four chance that it will cause a full-blown global recession, the International Monetary Fund warned yesterday.