Seventeen years ago, a warm wind was blowing across the pacific. As it blew, it pushed some warmed waters westwards, piling them high to the north east of Australia. When the winds eased, the warm waters washed back across the vast ocean releasing masses of heat into the atmosphere in what became the mother of all El Niño events. It was 1998 and the climate seemed set on a frightening trajectory. But the years that followed didn't live up to predictions, leading to a crisis of...
The failure of capitalism is what some blame for the current global economic crisis. But is it as simple as that? Europe has been hit especially hard, prompting many to wonder if free markets can exist alongside the welfare state. Riz Khan of Al Jazeera asks, "If capitalism is indeed failing, what are the alternatives?" He speaks to Slovenian philosopher and cultural critic, Slavoj Zizek who explains what he thinks is causing the downward slide, and points to the faltering...