A radical rethinking, a New Deal, is on the agenda. The worldwide depression can only be countered with stronger economic regulation, increased public spending and fiscal measures. This means an end to privatizations and rebuilding the infrastructure.

We want a debate not from the perspective of the market because the market heralds resolved now that they will make the solution for what themselves caused, with their bad conduction of economic policy

Greece – Commemoration day of the student revolt in 1973 turns to Riot

It's easy and cheap.

The owners of capital started to create a bubble in the financial markets through various kinds of speculation in order to drive up the returns by derivatives, options etc, creating Casino Capitalism de-linked from the real economy.

Correcting our political perspective

DECENTRALISED Action DAY for the militant group trial 13th 2008
Get involved with your own actions on the day of decentralised actions for the Militant Group Trial.

Klaus Offe, a left thinker, once proposed Offe's paradox, the idea that "while capitalism cannot coexist with, neither can it exist without the welfare state." The welfare state is not dead; what is dead is people's economic security.

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It is time for the workers and the poor in the Philippines to prepare for the worse the moment its government keeps on repeating the mantra that the economic fundamentals remain good and thus there is little to worry about effects of the global recessionary trend. The world found itself in the present mess precisely because of such blind faith in neoliberal fundamentalism.