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23rd Oct 07 - George Monbiot, Monbiot.com Matt Ridley raged against the government - until he needed £16 billion. “The little-known ninth law of thermodynamics states that the more money a group receives from the taxpayer, the more it demands and the more it complains.” Thus wrote Matt Ridley in 1994(1). He was discussing farm subsidies, but the same law applies to his chairmanship of Northern Rock. Before he resigned on Friday, the bank had borrowed £16 billion from the government and had refused to rule out asking for more. Ridley and the other bosses blamed everyone but themselves for this disaster. |
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12th Oct 07 - Leonard Doyle, The Independent (UK) Fifty years after it was first published, Ayn Rand's most influential book offers a vital clueto why so many Americans vote against their economic and social interests. |
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6th Oct 07 - Andres Ortega, OpenDemocracy.net If globalisation has made the world flatter, it has also fragmented it into crevices, mountains and a myriad of islets. The new media and the standardising technology favor the multiplication and radicalisation of identities. Today, minorities and fringe groups have a global reach. Against the power of the big ones, there is now the power of the few. |
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5th Oct 07, Jerome I. Levinson, Foreign Policy in Focus The race for the presidency has crystallized the debate about what to do about "globalization," a short-hand way of describing the increasing tendency of firms to locate production abroad, often for the purpose of exporting goods back to the United States rather than producing for the local market. Firms not only have moved production abroad but also in collective bargaining negotiations often use the threat of moving as leverage to obtain concessions from workers. |
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3rd Oct 07 - George Monbiot, Monbiot.com China has become the world’s excuse for inaction. If there is anything a government or a business does not want to do, it invokes the Yellow Peril. Raise the minimum wage to £6 an hour? Not when the Chinese are paid £6 a year. Cap working time at 48 hours a week? The Chinese are working 48 hours a day. Cut greenhouse gas emissions? The Chinese are building a new power station every nanosecond. China is our looking-glass bogeyman. If you behave well, the bogeyman will get you. |
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1st Oct 07, Dr Vandana Shiva, AlterNet The physicist, activist and author outlines the scope of the "triple threat" represented by the end of cheap oil, human-induced climate change, and resource scarcity at a recent conference on "Confronting the Global Triple Crisis - Climate Change, Peak Oil, Global Resource Depletion & Extinction" in Washington DC. |
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26th Sep 07 - Jeremy Seabrook, The Guardian (UK) Something is wanting in all the descriptions of poverty in rich societies. Necessities foregone by the least well-off do not appear to the majority of poor people in the world like terrible privations - a holiday, a mobile phone, the privacy of a room of one's own; yet to call this "relative poverty" misses the point of the exposure and insecurity of being poor, when this has been reduced to minority status. |
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