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Reforming the global economy

The world must get serious about matching multilateral money with multilateral needs, and devote at least 2% of world income to global public goods. And the time has come to think again about new global taxes, writes Jeffrey D. Sachs. Today, the provision of public goods and services at the global and regional level...
Widespread privatization of public goods is systematically eliminating human rights protections and further marginalising the interests of low-income earners and those living in poverty, a United Nations human rights expert has said. In a recent report to the UN General Assembly, the Special Rapporteur on extreme...
Limiting global temperatures to 1.5°C above pre-industrial levels is the only way to achieve social justice while protecting our environment from devastating climate change. And, contrary to prevailing wisdom, it's not an impossible goal, writes Barbara Unmüßig for Project Syndicate According to the latest report by...
Top corporations continue to accrue revenues far in excess of most governments, figures compiled by Global Justice Now show. Comparing 2017 revenues, 69 of the top 100 economic entities are corporations rather than governments. The top 10 corporations – a list which includes Walmart, Toyota and Shell as well as...
When the global financial crisis resurfaces, we the people will have to fill the vacuum in political leadership. It will call for a monumental mobilisation of citizens from below, focused on a single and unifying demand for a people’s bailout across the world. A full decade since the great crash of 2008, many...
Share The World’s Resources (STWR) have released a book version of the pioneering work by Mohammed Mesbahi, which proposes a ‘people’s strategy for world transformation’ based on a massive mobilisation of civil society to end hunger and life-threatening poverty as an overriding international priority. Mesbahi argues...
On 15 September, it will be ten years since the collapse of Lehman Brothers opened a Pandora’s Box. Movements across Europe are commemorating the date with acts of disobedience to relaunch our struggle to rebuild democracy, which can only be done by controlling finance, writes Susan George. It is ten years since the...
We are experiencing a systemic crisis. The environmental, economic, social and political crises are part of an interrelated and interdependent whole. It is impossible to solve one of these crises without addressing the others. Complementarities between Vivir Bien, degrowth, the commons, deglobalisation and other...
Owing to the limits of eco-efficiency and the need to liberate environmental space for the global poor, new policy instruments should be designed to bring about ecological fair sharing between countries and a new economy based on the concept of sufficiency, writes Riccardo Mastini for the Green European Journal.EU...
Ein wahrhaft universelles und bedingungsloses Grundeinkommen ist innerhalb jeder Nation, die unter der Schirmherrschaft der Vereinten Nationen koordiniert wird, letztendlich möglich. Dies wird jedoch zunächst von einem beispiellosen Maß an öffentlicher Unterstützung für den Zweck der Beendigung von Hunger und...
Fifteen leading economists, including three Nobel winners, argue that 'aid effectiveness' projects might yield satisfying micro-results, but they generally do little to change the systems that produce the problems in the first place. What we need instead is to tackle the real root causes of poverty, inequality and...
Three years after its adoption, most governments have failed to turn the proclaimed transformational vision of the 2030 Agenda into real policies. But despite the many gloomy trends, there is still room for change, writes Jens Martens for IPS news. When UN Member States adopted the 2030 Agenda, they signaled with the...
Wir sind so lange nicht in der Lage uns ein ernsthaftes neues ökonomisches Paradigma für die Verwaltung der gemeinsamen Ressourcen der Erde vorzustellen, bis wir nicht zuerst die Notwendigkeit einer psychosozialen Transformation in unserem Bewusstsein erfassen. Wobei die Erweiterung des Bewusstseins der...
Karin Nansen, chair of Friends of the Earth International, argues that a complete change to the economic system is necessary if we are ever to confront and transcend the environmental, climatic and social crises upon us We are facing deep-rooted climate, social and environmental crises. The current dominant economic...
“The world is off-track in terms of achieving sustainable development and fundamental policy changes are necessary to unleash the transformative potential of the Sustainable Development Goals.” This is the main message of the Spotlight Report 2018, the most comprehensive independent assessment of the implementation...