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?
In this timely interview, one year after the closure of Lehman Brothers, which coincides with the anniversary of the global financial crisis, The Real News Network talks to Sony Kapoor, Managing Director of Re-define.org. Kapoor is an ex-Lehman Brothers investment banker who now applies his skills for social benefit. He sheds light on the intriguing world of financial markets, exposing the house of cards we familiarly refer to as the international financial system. *** PAUL JAY: Welcome to...
Sarah Anderson -
Since the eruption of the economic crisis last fall, armies of corporate lobbyists have been battling to keep even modest changes in executive compensation rules off the legislative table. Their most common argument: pay restrictions will drive "top talent" out of U.S. firms and into the welcoming arms of higher-paying European companies.
This argument has always been laughable. Was it really a résumé-builder to lose trillions of dollars in financial wealth and drive...
Capitalism: A Love Story is critically acclaimed and award winning documentary filmmaker Michael Moore's upcoming film about the global financial crisis of 2007-2009, the transition from the Bush to the Obama administration as well as the obscene Wall Street bailout package. Moore takes on the entire free-market system in his exquisitely titled movie, as he returns to the issue that began his career: the disastrous impact that corporate dominance and out-of-control profit motives have...
Glenn Ashton -
The current global economic turmoil gives rise to the question, "If capitalism dies, what alternatives exist, or will emerge, to replace it?"
The question inevitably provokes utterly predictable positioning. The stock response that capitalism has already trumped communism, to the degree that the old communist bogeymen of Russia and China have embraced the capitalist model, is dishonest.
Do we really have to take an either/or position regarding capitalism and communism? Western...
Glenn Ashton -
We are more than a decade into the global experiment to utilise biotechnology to genetically engineer some of our major food crops, yet the facts around this supposed agricultural revolution remain as disputed as ever.
We were told there were two primary motivations to promote genetically modified (GM) crops. The first was that they would be able to increase agricultural productivity in order to feed a burgeoning global population on less land. The second was that we would be able to...
The Pinky Show expounds on the transition from colonialism to globalisation and the role of the free market in this evolution. Both bring about the same results, using different methods. While colonialism was about control through force, globalisation has found an easier way to create an underclass that is easily exploited by redefining relationships and influencing how people think. Bolstering the veneer of progress and civilization - media, technology, the law and education are used to...
