Financial Crisis

Icelandic People Said No

Video Icelandic People Said No - In Europe, people in many countries are saying no to paying for the crisis and bailing out the banks, and to a large extent, leading the way, are the people of Iceland -- at the ballot box and on the streets. Michael Hudson, professor of economics at University of Missouri, Kansas City provides some insights into how exactly the Icelandic people have gone about holding their government accountable. "What happened in Iceland is being used as a test case for what is happening in Greece...

From Tahrir to Wall Street: Egyptian Revolutionary Asmaa Mahfouz Speaks at Occupy Wall Street

Video Occupy Wall Street received a surprise visit Monday from several leading Egyptian activists, including 26-year-old Asmaa Mahfouz. She is one of the founders of the April 6 Youth Movement, which is the group credited with helping to organize the January 25 protests that eventually toppled the regime of former president Hosni Mubarak. Prior to the protest in January, Mahfouz recorded a YouTube video urging people to fill Tahrir Square. Democracy Now!'s Amy Goodman spoke to her at Occupy Wall...

Voices from Occupy Johannesburg, South Africa

Video The Occupy Johannesburg protest took place on 15 October 2011, World Revolution Day, as part of a global call to action against corporate greed and economic inequality. "Occupy" protests that took place worldwide on the day, have their genesis in the Occupy Wall Street movement. SACSIS headed down to the Johannesburg protest and spoke to some of the activists and participants about their involvement with the growing global movement against economic injustice. Editor's Note: You...

The Systematic Erosion of Young People's Dreams Has Fuelled the Emergence of a Global Movement for Economic Justice

Picture: Chris Devers Fazila Farouk - It’s always been understood that the one group with the greatest potential to bring about change is the youth. After all, it’s their future that’s at stake. And this year, young people all over the world have been at the forefront of news making struggles.  The one thing we should not forget about Mohamed Bouazizi, the young Tunisian who set himself alight catalysing the fall of dictatorships throughout North Africa, is that his immediate demand was about direct...

Meltdown - Part Four: After the Fall

Video In the final episode of Al Jazeera's must see documentary, Meltdown, we hear about the sheikh who says the crash never happened; a Wall Street king charged with fraud; a congresswoman who wants to jail the bankers; and the world leaders who want a re-think of capitalism. The financial crash of September 2008 brought the largest bankruptcies in world history, pushing over 30 million people into unemployment and bringing many countries to the brink of insolvency. Sheikh Mohammed...

On the Wall Street Occupation

Picture: www.roarmag.org Richard Pithouse - In The Grapes of Wrath, John Steinbeck's novel about the Great Depression, Tom Joad, the novel's central character, a man who has been made poor and who is on the run from the law, tells his mother in the climactic scene that: “I been thinking about us, too, about our people living like pigs and good rich land layin' fallow. Or maybe one guy with a million acres and a hundred thousand farmers starvin'. And I been wonderin' if all our folks got together....” That wondering is a...