The South African Civil Society Information Service
A nonprofit news agency promoting social justice. Seeking answers to the question:
How do we make democracy work for the poor?
A nonprofit news agency promoting social justice. Seeking answers to the question:
How do we make democracy work for the poor?
16 Nov 2010
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 economy, global warming and deteriorating ethnic relations as evidence.
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