Keyword: economic justice

The City that Ended Hunger

Picture: kali.ma Frances Moore Lappe - In writing Diet for a Small Planet, I learned one simple truth: Hunger is not caused by a scarcity of food but a scarcity of democracy. But that realization was only the beginning, for then I had to ask: What does a democracy look like that enables citizens to have a real voice in securing life’s essentials? Does it exist anywhere? Is it possible or a pipe dream? With hunger on the rise here in the United States - one in 10 of us is now turning to food stamps - these questions take on...

Global Financial Crisis: We Know Who the Culprits are, But are We Prepared to Address the Cause?

Picture: Elyce Feliz Fazila Farouk - The global financial crisis has exploded onto the scene, bringing with it job losses, home losses and family murder-suicides. This crisis may be financial, but its costs are human. The culprit, ‘capitalism’ has been named and shamed and the casino they call Wall Street, exposed. Under the disapproving gaze of the world’s ordinary people, elites appear confounded. How did they get it so wrong? Why didn’t they see the writing on the wall? What were the predictions of...

Ha-Joon Chang: The Myth of Free Trade and the Secret History of Capitalism

Picture: Fazila Farouk Democracy Now - The worldwide financial crisis is forcing some to rethink the neoliberal policies widely blamed for the financial collapse. Democracy Now's Amy Goodman speaks with University of Cambridge economist Ha-Joon Chang. He is an economist specializing in developmental economics. In 2005, he was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought. Chang is also author of the books "Kicking Away the Ladder: Development Strategy in Historical Perspective" and, his...

South Africa's Slippery Slope: Beefing Up the Implementation of Bad Policies

Picture: Maureen Sill Mohamed Motala - Both the President’s State of the Nation address delivered on 8 February 2009 and the Finance Minister's Budget Speech, which followed a few days later have told us that South Africa's 'policies' are in place and that the main problem facing our nation is poor implementation. The State of the Nation address and the Budget Speech are the two most important policy agenda-setting opportunities that the two most powerful men in the country have at their disposal. They present opportunities...

The Party's Over: Why South Africa's Economy is Under Threat Beyond the Financial Crisis

Picture: motherpie Saliem Fakir - The recently released Framework for South Africa’s Response to the International Economic Crisis (19 February 2009), by the Presidency, calls for all South Africans to work together and build social solidarity to get us out of this crisis. But how the one part of South Africa comes to the party with the other is entirely asymmetric, as the weaker half will come limping rather than race to the cause.  The document declares noble ideals to strive for. To get there and build a truly...

Action Needed! Can We Avoid a Depression, Never Mind a Recession?

Picture: quandaries Glenn Ashton - It is clear that we have entered a global economic fire-storm. There are inevitable comparisons between the Great Depression which also began on Wall Street and which will affect each of us, where ever we live, as if we were US citizens. Besides comparisons being odious, no two historical events are ever identical in either cause or effect. There certainly may be similarities between the Great Depression and the Pretty Damn Massive One into which we are now sinking. Those in the navigation...