STWR - Share The World's Resources

The financial turmoil destabilising the European Union bears a stark resemblance to the debt crises of the developing world. The failures of a debt-based global economy are become increasingly apparent, as is the need to find a humane alternative based on the redistribution of power and resources, says Rajesh Makwana.

As Europe frantically shores up an unravelling economic system, popular protests are erupting against adjustments made to placate the finance markets. Austerity measures and bailouts may keep the banks happy, but what about the people? By Anna White.

The financial crisis presents a rare opportunity to build a system of international finance that works in the true interest of the global public, but the G20 ministers seem intent on maintaining the unsustainable growth-oriented global economy of the past, writes Rajesh Makwana.