By now, most people have come to the realization that the global economic order is under the unrepentant control of neoliberal institutions. Not to conflate neoliberalism with capitalism, but suffice to say both philosophies share the same goal: privatization, deregulation, and trade liberalization, all in the pursuit of profits. For some people, like Slate’s Matthew […]
Each week, the Foreign Policy Blog’s editorial team compiles the five best long-form reads and five best in-house blog posts. This week’s features India-Pakistan relations, drones, Gérard Depardieu and much more.
One thing history has consistently taught us is that paradigms shift and new eras are born in a repeating cycle that’s as old as hills. One thing history has also taught us is that some shifts are far more epochal than others; some have the capacity to distort the pathway of history and others not. […]
Preeminent international relations scholar G. John Ikenberry’s article ‘A World of Our Making‘ is his latest piece defending and promoting the extension of the liberal world order. Ikenberry is a strong believer in international norms and institutions that have been building since the end of World War II and supports the United States leading this […]
Today’s precipitous sell-off in US Markets – the most volatile single day of trading in Wall Street history – my most recent read, After the Fall: Saving Capitalism From Wall Street & Washington, by Nicole Gelinas of the Manhattan Institute, is suddenly very relevant. Her premise is that robust financial markets support capitalism, they don’t imperil it.
A ‘Must See’ political documentary by Michael Moore that provides a clear-eyed view of American-style capitalism in the larger context of the global financial crisis. He clearly unravels the mystery of all the moving parts and tells a . He does a brilliant job of defining previaling sentiment — the zeitgeist, the angst of the present public mood.
The 2009 G-20 summit, began today in London, running through Friday, April 3d. The overall objective will seek to reach consensus among Leaders of member nations on how to confront the Global economic crisis. The agenda, to say the least, is full. However, there are divergent proposals and solutions, and still many challenges that must first be confronted. This […]
As G-20 Summit nears in London next week, anger and resentment aimed at Western, or ‘Laisse-Faire’ capitalism, rises among public in member nations.
The Future of Capitalism
The credit crunch has destroyed faith in the free market ideology that has dominated Western economic thinking for a generation. But what can – and should – replace it? Over the coming weeks we will conduct a wide-ranging debate on this dominant political issue of the day.
President Obama hosts British PM Gordon Brown at the White House. Brown wants to engage President Obama in a ‘gobal new deal’ era of coordinated economic policy at next month’s G-20 Summit in London, stating: ‘Globalisation is not an option, it is a fact.’