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thinkahol *

Is This the Way the World Ends? | Truthout - 0 views

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    The world is not, however, out of the woods if you read Peter Nolan's superb book, "Crossroads: The End of Wild Capitalism and the Future of Humanity." Nolan's thesis is that unrestrained capitalism, its extremes and its contradictions, have put China, the United States and the world of Islam on a collision course that gives the world "the choice of no choice." Either these three models of culture and capitalism will find constructive engagement, or the world as we know it is in extreme peril - either from economic instability and social reaction, military conflict, or environmental destruction, or all of the above.
thinkahol *

World power swings back to America - Telegraph - 0 views

  • The switch in advantage to the US is relative. It does not imply a healthy US recovery. The global depression will grind on as much of the Western world tightens fiscal policy and slowly purges debt, and as China deflates its credit bubble.
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    The switch in advantage to the US is relative. It does not imply a healthy US recovery. The global depression will grind on as much of the Western world tightens fiscal policy and slowly purges debt, and as China deflates its credit bubble.
Giorgio Bertini

Obama's Cairo Speech, One Year On: 'A Perceived Lack of Follow-Up' - 0 views

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    One year ago, President Barack Obama delivered a powerful address in Cairo aimed at improving America's relations with the Muslim world. Dalia Mogahed, who helped draft that speech, spoke to SPIEGEL ONLINE about its impact, Obama's waning support in the Arab world and the difference between words and action.
Giorgio Bertini

The Post-Washington Consensus: Development after the Crisis - 0 views

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    All this signals a clear shift in the development agenda. Traditionally, this was an agenda generated in the developed world that was implemented in - and, indeed, often imposed on - the developing world. The United States, Europe, and Japan will continue to be significant sources of economic resources and ideas, but the emerging markets are now entering this arena and will become significant players. Countries such as Brazil, China, India, and South Africa will be both donors and recipients of resources for development and of best practices for how to use them. A large portion of the world's poor live within their borders, yet they have achieved new respect on the global scene in economic, political, and intellectual terms. In fact, development has never been something that the rich bestowed on the poor but rather something the poor achieved for themselves. It appears that the Western powers are finally waking up to this truth in light of a financial crisis that, for them, is by no means over.
thinkahol *

GRITtv » Blog Archive » Chris Hedges: The World As it Is - 0 views

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    "You can't sustain a democracy in an oligarchic state. The writers on Athenian democracy understood that 2000 years ago," says Chris Hedges, whose new book The World As It Is: Dispatches on the Myth of Human Progress explores the problems of a crumbling empire, inside and out. Chris joins Laura in studio for a conversation about the death of Bin Laden and the continuing concern over terrorism, the end of empathy in the U.S., and what avenues are left for progressives to fight back.  "The elites are not going to help us," he warns, "We're going to have to help ourselves."
Giorgio Bertini

U.S. New National Security Strategy - 0 views

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    The White House unveiled a new National Security Strategy that will serve to guide America's approach to the world. It signals a sharp break from the previous administration whose unilateral, reckless, and ideologically-driven policies left America isolated, overstretched, and weaker. This strategy outlines a clear vision that reflects the the last decade of progressive thought; it demonstrates a comprehension of the geopolitical landscape and of the challenges confronting the United States and the world.
thinkahol *

Is the SEC Covering Up Wall Street Crimes? | Rolling Stone Politics - 0 views

  • But even if SEC officials manage to dodge criminal charges, it won't change what happened: The nation's top financial police destroyed more than a decade's worth of intelligence they had gathered on some of Wall Street's most egregious offenders.
  • But we're equally in the dark about another hypothetical. Forget about what might have been if the SEC had followed up in earnest on all of those lost MUIs. What if even a handful of them had turned into real cases? How many investors might have been saved from crushing losses if Lehman Brothers had been forced to reveal its shady accounting way back in 2002? Might the need for taxpayer bailouts have been lessened had fraud cases against Citigroup and Bank of America been pursued in 2005 and 2007? And would the U.S. government have doubled down on its bailout of AIG if it had known that some of the firm's executives were suspected of insider trading in September 2008?
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    Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file - "Hey, chief, didja know this guy had two wives die falling down the stairs?" No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record.
thinkahol *

Reading Marx's Capital with David Harvey » Blog Archive » Feral Capitalism Hi... - 1 views

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    But the problem is that we live in a society where capitalism itself has become rampantly feral. Feral politicians cheat on their expenses, feral bankers plunder the public purse for all its worth, CEOs, hedge fund operators and private equity geniuses loot the world of wealth, telephone and credit card companies load mysterious charges on everyone's bills, shopkeepers price gouge, and, at the drop of a hat swindlers and scam artists get to practice three-card monte right up into the highest echelons of the corporate and political world.
thinkahol *

Bourgeois pundits ponder Marx « Louis Proyect: The Unrepentant Marxist - 0 views

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    Over the past few months there has been a bumper crop of articles in elite publications such as the Financial Times making the case that Karl Marx was right-or mostly right. This is understandable given the perilous times we are living through. The kind of Panglossian message found in Fukuyama's End of History is ill-suited to a world edged on the precipice of economic ruin, largely beyond the capability of the world bourgeoisie to resolve.
thinkahol *

October2011.org | "Stop the Machine! * Create a New World!" - 0 views

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    October 2011 is the 10th anniversary of the invasion of Afghanistan and the beginning of the 2012 federal austerity budget. It is time to light the spark that sets off a true democratic, nonviolent transition to a world in which people are freed to create just and sustainable solutions. Read more.
Giorgio Bertini

Crisis Imperils Liberal Benefits Long Expected by Europeans - 0 views

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    Across Western Europe, the "lifestyle superpower," the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II.
Giorgio Bertini

A "New World Order" Is Possible - And Needed - 0 views

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    The efforts of Brazil and Turkey to find a negotiated solution to the standoff over Iran's nuclear program, which generated a negotiated agreement with Iran last week, must be seen in the context of a growing challenge to the international political order.
thinkahol *

Things That Make Me Angry | Thinkahol's Blog - 0 views

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    Wall Street Isn't Winning - It's Cheating The two-tiered justice system: an illustration 9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon  The due-process-free assassination of U.S. citizens is now reality The Quiet Coup "the finance industry has effectively captured our government" What OWS is about + data behind the movement Data privacy is now extinct in the U.S. "The problem that confronts us is that every living system in the biosphere is in decline and the rate of decline is accelerating. There isn't one peer-reviewed scientific article that's been published in the last 20 years that contradicts that statement. Living systems are coral reefs. They're our climatic stability, forest cover, the oceans themselves, aquifers, water, the conditions of the soil, biodiversity. They go on and on as they get more specific. But the fact is, there isn't one living system that is stable or is improving. And those living systems provide the basis for all life." The 1% are the very best destroyers of wealth the world has ever seen The prison industry in the United States: big business or a new form of slavery? How the GOP Became the Party of the Rich: The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent
cfoconnects

Current events and what are the implications for CFOs & ASEAN businesses - 0 views

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    While we all are facing the pinch of economic uncertainty there are some positive signs that are slowly emerging. Although in my mind, we are not out of the woods yet. In this part of the world, there have been interesting developments in India's and China's economy. On the other side of the world, it is the legal battle that SEC (U.S. Securities and Exchange Commission) has been having with white collar crimes. Let me share my views as to why this is something we as CFOs should be focused on and why it might have implications on your business here.
Giorgio Bertini

Third World Diplomatic Cooperation - Brazil & Turkey - and the Future of US Empire in t... - 0 views

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    Last week, Brazilian President Lula da Silva and Turkish Prime Minister Reccep Erdogan announced a breakthrough agreement on the Iranian nuclear impasse that they claimed would make further sanctions on Iran "unnecessary." The agreement, accepted by Iran, was immediately rejected by the US and its European allies, who chose instead to continue the three-decade long US effort to strangle and isolate Iran by all means available. In what Graham Fuller, a top-ranking former intel official, called "a stunningly insulting response," Hillary Clinton proudly announced consensus for a fourth round of sanctions against Iran days later, which she called "as convincing an answer to the efforts undertaken in Iran in the past few days as any we could provide."
Giorgio Bertini

The Year of Wishful Thinking - from a Global Financial Crisis morphed into a Global Sov... - 0 views

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    The period from March 2009 was the year of wishful thinking. Central banks cut interest rates and governments opened their cheque books providing a flood of cheap money that gave the illusion of recovery and a normal functioning economy. By pouring a lot of water into a bucket with a large hole, the world sustained the impression that the receptacle was almost full.
Giorgio Bertini

Explaining Europe's Debt Crisis - Video - 0 views

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    As fear continues to spread over the impact of the Greek debt crisis, more people are questioning how such a small country could impact markets around the world.
Giorgio Bertini

Bhutan - growth in a Buddhist economy: the gross national happiness goal - 0 views

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    I have just returned from Bhutan, the Himalayan kingdom of unmatched natural beauty, cultural richness, and inspiring self-reflection. From the kingdom's uniqueness now arises a set of economic and social questions that are of pressing interest for the entire world.
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