The present economic crises do not call for a "new
capitalism," but they do demand a new understanding of older ideas,
such as those of Adam Smith and Arthur Pigou - many of which
have been sadly neglected, argues Amartya Sen.
The logic of free-market capitalism states that the economy must grow continuously or face an unpalatable collapse. With the environmental situation reaching crisis point, however, it is time to stop pretending that mindlessly chasing economic growth is compatible with sustainability, argues Tim Jackson.
Markets reinvented the world, and nobody intended – or even envisaged – the outcome. Now the role of the left in an era of declining state power is to ensure that the structures of governance are directed towards protecting all equally, writes Nigel Harris.
Is there an alternative to plundering the earth? Is there an alternative to making war? Is there an alternative to destroying the planet?
By Prof. Claudia von Werlhof.
The fight against free trade is a fight for the right to politico-economic democracy, public services, and a social wage, the right not to be completely at the mercy of big capital, says Michael Parenti.
What are the real trends of global economic growth, and how widely are the benefits of global trade shared? A close look at the evidence casts doubt on conventional optimism, writes Robert Wade.
Many in progressive circles still think that the task at hand is to “humanize” globalization. Fifteen years after the prophesied borderless, stateless international economy, globalization has in fact reached its high water mark - and is receding, argues Walden Bello.
