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Economics

Reclaiming the commons through state ownership? Maybe not

Transnational state capital can be just as harmful as its private counterparts. We need local, democratic and sustainable alternatives. Milan Babic for OpenDemocracy This article is part of ourEconomy’s ‘Decolonising the economy’ series. In a 2001 essay, Naomi Klein passionately called…

Dependency Mechanisms in Latin America

The soil of Latin America stores enormous quantities of valuable mineral raw materials, necessary for the countries of the continent and for the world economy. The countries of South America have large tracts of land and forests. Some border seas…

Eight essential steps to transform our economy

An economic system that serves everyone and the planet is necessary for our survival. Here are some guiding principles. By David Korten for openDemocracy We’re running out of time. There’s spreading awareness of the institutional failure that is driving humans…

For more wonder, rewild the world

When I was a young man, I spent six years of wild adventure in the tropics working as an investigative journalist in some of the most bewitching parts of the world. I was as reckless and foolish as only young men can be. This is…

From Trump to Johnson, nationalists are on the rise – backed by billionaire oligarchs

The ultra-rich are benefitting from disaster capitalism as institutions, rules and democratic oversight implode. By George Monbiot for The Guardian Seven years ago the impressionist Rory Bremner complained that politicians had become so boring that few of them were worth…

Climate change: UAE and Russia eye geopolitical and commercial mileage

By Dr James M Dorsey Climate change, much like war, could prove to be a geopolitical and commercial gold mine. At least, that is the take of DP World, Dubai’s global port operator, and Russia’s sovereign wealth fund. DP World…

The vicious circle of wealth concentration

We often read statistics illustrating the accelerated concentration of wealth in the world; a few billionaires accumulate more wealth than the poorest half of the planet, and the richest 1% of the population owns more than half of the world’s…

Poor tenants pay for landlords to live like kings. It doesn’t have to be this way

Britain has enough housing – it’s just that a series of outrageous policies makes it accessible only to the rich. By George Monbiot for The Guardian I have a friend who works almost every waking hour, mainly to pay the…

Defeating capitalism through regulation and taxation

At the International Social Forum organised by the UK Labour Party on the 13th and 14th of July 2019 a host of international speakers attended to give talks on subjects from global economics, climate crisis, global finance and accountability, movement…

After urging land reform I now know the brute power of our billionaire press

A report I helped publish has led to attacks and flat-out falsehoods in the rightwing media. It’s clear whose interests they serve.  By George Monbiot for The Guardian All billionaires want the same thing – a world that works for…

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