Since the imposition of free market policies in the 1980s, globalization has come to represent an ideological battle between those who favor economic growth and deregulation through the growing power of multinational corporations, versus those who prefer a more sustainable and democratic approach to international development, socio-economic justice, and the securing of basic human rights and needs.
Thinking in terms of degrowth does not mean breaking with
growth, but rather with the ideology of accumulation. Degrowing means a
decision to revalue things and our relations with our surroundings. It's worth asking ourselves which we would choose: a calm degrowth or
an unsustainable social pressure? By
A far-reaching new study suggests a staggering $21tn in assets has been
lost to global tax havens. If taxed, that could have been enough to put
parts of Africa back on its feet – and even solve the euro crisis. A report by the Tax Justice Network.
Industrialised countries have mounted an unprecedented campaign to stop the
United Nations Conference on Trade and Development (UNCTAD) from providing policy
advice to the poorest countries in Africa and across the globe - but developing countries and progressive economists are fighting back.
Neoliberal policy is directly responsible for declining economic growth
and rapidly increasing rates of social inequality, both in the West and
internationally. But the neoliberal model was made by specific people, and can be undone by people. Here are some solutions that address the actual issues at stake, writes Jason Hickel.
Mainstream economists are still unwilling to accept that the pursuit of GDP is unsustainable on a planet with finite resources and that free trade, in practice, doesn't make us all better off. The solution to poverty is sharing now, not growth in the future, argues Herman Daly.
pro-market policies have significantly widened the gap between rich and poor
across the world. With the possibility of protracted austerity measures in the
North and the global economic downturn affecting countries in the South, this
trend now threatens peace and security internationally, argues Paul Rogers.
Tax evasion costs countries around the world more than US$3.1 trillion annually. By tackling tax havens, governments can avoid painful austerity measures and invest in essential public goods like healthcare and education, says a new report by the Tax Justice Network.