On 9 August 2008, the anniversary of
"debtonation day" it is incumbent on citizens to hold haute finance's feet to the fire, and to demand strict regulation,
transparency and oversight of the sector's activities. But on this anniversary
it is also important to begin to promote solutions, writes Ann Pettifor.
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 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.