Another God that Failed

There’s nothing good about parents struggling to feed their children, thousands of families becoming homeless, about competent teachers loosing their jobs and teaching without books.

There’s nothing good about rising xenophobia (i. e. Golden Dawn in Greece) and public health care being suddenly only for some of the citizens. Continue reading

A Scary Merger

More control? What if the most powerful companies in the world become even more powerful?

The call it thebiggest company you never heard of.” But soon you will hear about it because its becoming even bigger. Next month we will hear about a impressive merger in the business world: the one of Anglo-Swiss multinational mining company Xstrata and the Swiss Continue reading

Public Eye Award 2012: the Worst of the Worst Company

The next World Economic Forum is coming up and so it is time to start thinking about Public Eye Award Nominations.

Last year Barclays, Samsung and Freeport McMoran sweared they are good and not harming anyone. Barclays – betting on food and therefore making people starve all over the planet – was not convincing enough and won the Jury award for the most harmful company in 2011. Continue reading

Selling the Amazon on Amazon

Land for sold! Now you can buy the beauty of Africa and the resourceful Amazon river – it’s a good investment!

This article in the Guardian shocked me the other day: “Pension fund managers and hedge funds gather in London on Tuesday for a summit to discuss the next big investment opportunity: buying up swaths of African farmland.” Continue reading

Common Welfare Economy

An economy which is based on the same values as a personal relationship: a dream or the solution?

Today I had a chance to meet Christian Felber father of the idea of Common Welfare Economy. An economy which is based on “the same collectively shared values that contribute to fulfilling interpersonal relationships: confidence building, cooperation, appreciation, democracy, solidarity.” Continue reading

Why not Co-operate?

The fordist model is dead, long live co-operatives? An alternative way to do business.

Robert Murray discusses in a new Red Pepper article the prospects of co-operatives as a solution to the current economic crisis. It stands out for its focus on accountability and social-driven long-term focus. Continue reading

We Sue You

Companies can now bring governments to court. At who’s expense?

IPS writes that “in a world where governments are increasingly subservient to global finance capital, multinationals are gaining ground in the fight against state regulations that aim to protect the environment, public health or social policies.” So for all of those thinking that things are slowly but surely getting better Continue reading

What Kuznets and his Followers Failed to Understand

Many Economists like to believe that things get better in the long run. Here comes the truth. – A Guest-Post by Laura Schnurr.

In 1955 Simon Kuznets wrote an influential piece about the relationship between economic growth and income inequality. Continue reading

Economists Going Against the Tide

Can economists ever leave the market-glorifying paradigm behind?

If we look at the prescription of greening the system, we might as well think nothing really changes. But slowly but surely, different voices emerge in the academia. Continue reading