Our time to act has come!

Transnational actions against the European Central Bank’s opening: March 18^th 2015 in Frankfurt

Join the transnational actions against the ECB’s opening on March 18^th in Frankfurt! It is our crucial chance as well as our responsibility to build a common, effective force from below – if they want capitalism without democracy, we say, we want democracy without capitalism.

UBS and HSBC, the executives of international tax evasion

Swiss Leaks

Thanks to the “Swiss leaks” HSBC is back in the news. But they are not alone, other banks including UBS, have also organised large-scale tax frauds and evasion. UBS, which had to be saved from failure in October 2008 by massive injections of Swiss public money, was involved in the LIBOR manipulation scandal, the currency markets manipulation scandal (UBS is the subject of several inquiries by controlling authorities in Hong Kong, US, the UK, and in Switzerland) and the abusive sale of (...)

Crowdfunding for the new documentary film: “To End Poverty !”

Video

Help to produce the follow-up to the acclaimed “The end of poverty?” which CADTM co-edited.

As the chasm between haves and have-nots has continued to widen, we realize that now is the time to make the follow up film to THE END OF POVERTY ?.

The Liquidity Trap

Series : Governments submit to “Too Big to Fail” banks (part 8)

Because of the policies of the central banks and the governments, the economies of the industrialised countries have fallen into what J. M. Keynes named a ’liquidity trap’. While central banks inject liquidity into the economy and lower interest rates, the banks and big corporations prefer to keep the cash available and/or use it to speculate.

South Korea : the miracle unmasked

Series : Bretton Woods, the World Bank and the IMF: 70^th anniversary (Part 13)

The supposed South Korean success story has been achieved thanks to policies that run contrary to the economic model advanced by the World Bank. Far from being a virtuous accumulation of wealth through the advantages of free-market forces, the economic development of South Korea came about by “a brutal primitive accumulation achieved by the most coercive methods, in order to produce virtue by force” (J-P Peemans).

The World Social Forum (WSF) space belongs to the entire alterglobalist movement, and it must take ownership of it

Tunisia Once Again the Site for the Next WSF in March 2015

The Arab Spring is now going through a frustrating period of setbacks. From this perspective, the fact that the next World Social Forum will again take place in Tunis, from 24 - 28 March 2015, proves particularly important. “This forum is a necessary one in order to, among other things, raise citizens’ level of consciousness in order to better mobilise to confront injustice and inequality, and support peoples’ liberty and dignity,” emphasises Mimoun Rahmani, researcher on economics, active (...)