Economic system

Anand Mahindra, Global CEOs Endorse Plan to Build Better Economic System

The Mahindra Group said on Tuesday that its chairman Anand Mahindra was part of a group of 14 global CEOs endorsing an economic roadmap that seeks to “better build the economic system” rather than simply “rebuild” it from the crisis. of Covid-19. Global CEOs include Ajay Banga (Mastercard), Alan Murray (Fortune Media), Dan Hendrix (Interface), […]

Economic system

The international economic system after COVID-19 – Valdai Club

The likely result of the current crisis is a faster dismantling of the neoliberal economy and a fragmentation of the international economic system, writes Glenn Diesen, associate professor, University of South East Norway. Technological sovereignty is privileged, international supply chains are repatriated, transport corridors become theaters of military rivalry and the vestiges of the financial […]

Economic system

Climate Change, Pollution, Racism and an Economic System Built on Debt: Millennials Must Fix My Generation’s Mess – Jim Duffy

Protesters demand urgent action on climate change, one of the many pressing issues facing the world, at a rally ahead of the start of the coronavirus outbreak (Photo: Chris Etchells) Paul Weller and the Jam performed a song called Life from a Window. Not a bad little air. It’s one of those songs about slowing […]

Economic system

Our economic system is on life support. But who are we really saving?

Today, a decade after the start of austerity, we are paying the price for this ideological crusade. Our health systems are critically under-resourced and our public institutions are ill-equipped to meet the challenges we face. Of course, it is welcome that governments are now loosening the purse strings to help individuals and businesses weather this […]

Economic system

To escape our extractive economic system, we must change our money

In his excellent article “Money is the oxygen on which the fire of global warming burns,” Bill McKibben, founder of 350.org, explains how the world’s leading financial institutions and insurance companies are still funding fossil fuels – on a larger scale low carbon solutions. Bill suggests that shifting our money to ethical suppliers could “become […]

Economic system

Capitalism is the worst possible economic system for a planet ravaged by climate change

Evil fate the earth, to hasten the evils a prey, Where wealth accumulates and where men degrade. –Olivier Goldsmith. Twenty years ago I wrote an editorial in which I described free market capitalism as “the most unjust and barbaric economic system ever conceived, and which now oppresses and mistreats most of the peoples of the […]

Economic system

Vatican considerations on the economic system call us to shape a new one

The Vatican’s recent assessment of the economy reveals a vibrant, engaging and relevant Catholic Church. This reflects a Catholic Church that sees the suffering of our financial system as the Church provides aid to hurricane victims, refugees and the homeless. The document is linked to a church working with other faiths in Puerto Rico and […]

Economic system

How to mend the broken economic system

The Archbishop of Canterbury made headlines last week saying Britain’s economic model was “broken” and needed fundamental reform (News, September 8). Write in the Financial Time, to coincide with the launch of an interim report from the Commission on Economic Justice, Bishop Welby lamented “a deep state of economic injustice,” and said most people wanted […]