Capitalism

Opinion: How Will Wall Street Greet the Pope?

Millions in the New York City area are excited about Pope Francis’ visit on Sep. 25 to address the U.N. General Assembly as worldwide consensus grows on the need to shift global investments from fossil fuels to clean, efficient, renewable energy in the UN’s Sustainable Development Goals (SDGs) scheduled to replace the expiring Millennium Development Goals (MDGs). 

Opinion: We Have a Moral Imperative to Act on Climate Change

My country, the Philippines, is one of the most vulnerable to the impacts of climate change. Even though we are among those countries that hardly contributed emissions and benefited least from burning fossil fuels, we find ourselves at the frontline of the climate crisis.

‘Ethical Fashion’ Champions Marginalised Artisans from South

“Work is dignity,” says Simone Cipriani. “People want employment, not charity.”

Opinion: The Crisis of the Left and the Decline of Europe and the United States

The victory of the Conservative Party and the debacle of the Labour Party in the recent British general elections is yet another sign of the crisis facing left-wing forces today, leaving aside the question of how, under the British electoral system, the Labour Party actually increased the number of votes it won but saw a reduction in the number of seats it now holds in Parliament (24 seats less than the previous 256).

OPINION: China – The Future, After 4,000 Years of History

A theory serves comprehension, prediction and identification of conditions for change. Seven such historical-cultural pointers will be indicated for China – using the West in general, and the United States in particular, for comparison.

A Strange Tale of Morality: Banks, Financial Institutions and Citizens

It is a great pity that, beside opening the doors to ethics, social justice and peace, Pope Francis does not also give indications of updating  traditional theology. The most urgent task is to update the Seven Deadly Sins.

Inequality and Democracy

Not a day goes by without news on the growing inequality that is the telling indicator of the kind of economic model in which we have put ourselves, following the neoliberal binge unleashed by the Washington Consensus. The idea that economic growth is “a rising tide lifting all boats”, as the late Margaret Thatcher declared when she announced war on the welfare state, and its twin “capital will trickle down to everybody”, are now totally discredited. Facts, as it has been said, are stubborn.



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