The Paradigm: Deglobalisation

[Focus on the Global South, 2003] It is in response to the growing clamor for alternatives to the current system of global governance that Focus has elaborated the strategy of deglobalisation as the guiding paradigm for its programmatic work in the next three-year period. Deglobalisation is not a synonym for withdrawing from the world economy.  It means a process of restructuring the world economic and political … Continue reading The Paradigm: Deglobalisation

“Deglobalization”? Sure, but…

[Patrick Bond, 2003] My favorite haunt, Zimbabwe, is the delight of aggressive bourgeois commentators, one of whom wrote a month ago about that country’s meltdown in the Economist (30 November 2002): “An interesting economic experiment is being conducted in Zimbabwe. To the foes of globalisation, President Robert Mugabe’s views are unexceptional. He argues that ‘runaway market forces’ are leading a ‘vicious, all-out assault on the … Continue reading “Deglobalization”? Sure, but…

Turning their backs on the world

[The Economist print edition, February 2009] The integration of the world economy is in retreat on almost every front. The economic meltdown has popularised a new term: deglobalisation. Some critics of capitalism seem happy about it—like Walden Bello, a Philippine economist, who can perhaps claim to have coined the word with his book, “Deglobalisation, Ideas for a New World Economy”. Britain’s prime minister, Gordon Brown, is among … Continue reading Turning their backs on the world

The Virtues of Deglobalization

[Walden Bello] The current global downturn, the worst since the Great Depression 70 years ago, pounded the last nail into the coffin of globalization. Already beleaguered by evidence that showed global poverty and inequality increasing, even as most poor countries experienced little or no economic growth, globalization has been terminally discredited in the last two years. As the much-heralded process of financial and trade interdependence … Continue reading The Virtues of Deglobalization

Stagnation with deflation: The crisis – Stage ten

[Oscar Ugarteche/Ariel Noyola Rodríguez, January 2014] Everything appears to indicate that stage ten of the crisis that began in August of 2007 has arrived in force; a crisis that has involved multiple bank failures and massive budgetary costs in the United States. This has been followed by serious adjustments in consumption that have resulted in an impact on the growth of the Eurozone economy as well as … Continue reading Stagnation with deflation: The crisis – Stage ten

The right of mother earth

[Leonardo Boff] Our future is in jeopardy. The interlinking of crises could create a tragedy. There is no political formulation of the interests of humanity or mother earth that protects their nature and cultures. For centuries we have lived under the jurisdiction of nation states and their assorted forms of sovereignty and autonomy.But as all problems become increasingly global, this political model is proving incapable … Continue reading The right of mother earth

The Systemic Crisis & Reconfiguration of Capitalism

[Pablo Solón] We are living through a systemic crisis. It is not only a deep economic crisis; it is a crisis of humanity and of Planet Earth. It is a crisis that involves the entire society, the reconfiguration of imperialist and neo-colonialist powers, our values, the rights of women, the rights of nature and the rights of many groups that are oppressed and marginalized because of their nationality, culture, beliefs, sexual orientation and the existence of caste, patriarchal and authoritarian regimes.

Continue reading “The Systemic Crisis & Reconfiguration of Capitalism”