STWR - Share The World's Resources

A banking crisis is upending American dominance of the financial markets and world politics. The industrialized countries are sliding into recession, the era of turbo-capitalism is coming to an end and US military might is ebbing. Still, is this the time to gloat? By Spiegel.

What Asia, like the rest of the world, needs is a vacation from a messianic United States -  and the aim of civil society mobilization both in Asia and globally should be to encourage a new American isolationism, argues Walden Bello.

Today multinational corporations are more powerful then ever, especially over workers and the government - and politics is more about avoiding this central topic than ever before, says Ralph Nader.

Why is the US government still pouring billions into missile defence?  The answer is in the question: the programme persists because it doesn’t work, writes George Monbiot.

In its pursuit of a free-market utopia, the US right tried to crush unions, the legal profession and all the pillars of the left. It will not stop there, warns Thomas Frank.

We praise the charismatic American candidate and damn our prime minister, but neither holds sway on what rules our lives, writes Jeremy Seabrook.

As America struggles to avoid recession, the world economic order appears to be heading for a drastic overhaul - creating pressure for world leaders to ditch the fast-declining U.S. dollar, writes Massoud Hedeshi.