On March 15, 2022, the Sora community implemented the 1.3.1 runtime which includes non-fungible token (NFT) functionality and the Polkaswap referral program. These features were initially offered as RFPs, and users could test them out in an incentive testnet that ran from February 28 to March 6, 2022. NFT on Sora NFT functionality will be […]
In all the comments about the war in Ukraine and the debates about whether the West bears any responsibility, very few people have made reference to social and economic factors. Yet, the Putin phenomenon must be understood as a new type of socio-economic system that was produced by a mixture of oil dependence and market […]
The global multilateral economic system has been stress tested twice this century. The first time was with the global economic crisis of 2008; the second – with the COVID-19 pandemic. And the results are not good. As more than six million lives were lost across the world, the deteriorating climate continued to take a greater […]
Dominican friar Fr. Ivan Attard gave an impassioned speech on social justice at a conference on Friday, arguing against the capitalist economic system for one that more fairly compensates workers. In a conference organized by the PN deputy Ivan Bartolo entitled “To live or to exist? “, Father Ivan Attard gave a passionate speech on […]
Growing up in northeast Mississippi in the 1960s, I knew next to nothing about Martin Luther King Jr. But in the early 1970s, when I was a student at Mississippi College in Jackson, a professor suggested prescient to a class that we should mark his words: Martin Luther King Jr. would soon be known as […]
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EEarlier this year, the official international climate science summary announced that we are facing an increase in disasters and disruption, with the most vulnerable suffering the most and the earlier. A leaked report from the same UN process identified the need for a transformation of our economic systems in a meaningful attempt to limit loss […]
Illustration by Anna Higgie In 1995, a young Patricia Zurita was researching freshwater dolphins in the Andean mountains when the last episode of border violence erupted between her home country, Ecuador, and neighboring Peru. The conservation work of his team has been turned upside down. Soon after, however, those same efforts helped settle the decades-long […]
By Jennifer Nicoll Victor, Ph.D., George Mason University The economy is intimately linked to politics. Governments set economic policies that affect global markets, employment, wages, working conditions, and other factors affecting economic livelihoods. In turn, economics affects politics, sometimes in mysterious ways. In the United States, although there is a free market system, there are […]
A majority of young Britons would like to live in a socialist economic system, new research shows. Millennials reject capitalism and firmly blame the housing climate change crises on its doorstep. They think socialism, on the other hand, is a good idea that has simply been done badly in the past. The survey of young […]
Americans have again been told that the billionaire class in the United States pays no taxes. No wonder, since the Fortune 500 and Wall Street generally don’t pay taxes either.As the rich get richer without paying taxes, the poor will be kicked out at the end of the month by the owner class. Meanwhile, the […]
In the United States and Western Europe, many people support large-scale systemic change. In four countries surveyed in November and December last year, about four in ten or more in each country describe their economic or political system as requiring at least major changes, if not comprehensive reform. But what people prioritize – and if […]
This article is also available in: Spanish Take part in a half-day digital forum on the global circular bioeconomy, March 19, 2021, 12:00 p.m. – 4:15 p.m. UTC, here. For the past two centuries, the world has relied on a linear fossil fuel economy in which raw materials are turned into products, used and then […]
The Texas Freeze illustrates some of the shortcomings of the conservative economy as a basis for the public good. The nation’s problems will only get worse as we pretend that private solutions are best for all situations. “In Texas, everyone agreed that everyone needed a robust power grid. But nobody wanted to pay for it. […]
ANKARA The Turkish government is preparing to take the country to the highest level of the global, political and economic system as part of the ongoing fight against the novel coronavirus epidemic, the country’s president said on Wednesday. “We are not only fighting the pandemic in the current period that we are going through, but […]
Klaus Schwab By Bhabani Shankar Nayak * The pandemic has shaken up neoliberalism as an economic project of capitalism. The economic architecture of neoliberalism based on austerity, liberalization, privatization and globalization has failed to ensure the basic dignity of life in terms of basic health, education, home and security food. Rising unemployment, hunger and homelessness […]
JUBA / GENEVA – As some South Sudanese experts recommend that the government adopt a new economic system used by developing states to cut the exchange rate on the black market and stabilize soaring prices, a new report from a panel of The UN says the real problem in South Sudan is deep-rooted government corruption. […]
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), […]
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 […]
Increasingly, economic inequality has become a central issue in American society. Since the 1970s, wealth and income inequalities have grown rapidly, affecting the work of almost all nonprofit organizations. But how should nonprofits conceptualize the economy and solve the many economic problems that affect the people we serve, especially today, when more than 20 million […]
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 […]
At Sacramento Jesuit High School, it is an annual tradition to spend a week examining a social justice issue such as mental health or criminal justice. At last week’s Social Justice Summit, students heard a variety of discussions about the realities of economic justice or inJustice. Guest speakers explained how social justice includes the dignity […]
Nilratan Halder | Posted: Jan. 23, 2020, 10:07 p.m. Oxfam’s report on global inequalities released just days before the World Economic Forum in Davos, Switzerland, once again confirmed that the gap between the rich and the poor is widening. As noted, 2,153 billionaires around the world now have more wealth in their possession than 4.6 […]
In May, NPQ hosted a webinar focused on how to rebuild Puerto Rico’s economy in a way that would meet the needs of the community. In light of the recent citizen mobilization that toppled the governor of the island last month, we believe the messages delivered in this webinar by leading Puerto Rican activists are […]
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 […]
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 […]
The failure of the contemporary economy to alleviate the current economic turmoil that is holding the world economy down has doomed existing theories for their inherent flaws. The existing knowledge on the subject has failed miserably to solve the problems facing the world economy, especially European countries mired in huge public debt. As I argued […]
EEarlier this year, media around the world reported that February had broken shocking world temperature records. March also broke all records. In June, our screens were covered with surreal images of flooding in Paris, the Seine overflowing its banks and flowing through the streets. In London, floods sent water pouring into the tube system in […]
At the very moment of its ultimate triumph, capitalism will experience the most exquisite of deaths. It is the belief of policy advisor and author Jeremy Rifkin, who argues that the current economic system has been so successful in lowering production costs that it has created the very conditions for the destruction of traditionally vertically […]
Humpty Dumpty is the perfect metaphor to represent the crisis of the current economic system. Like the classic nursery rhyme character, it has had a nice downfall and no one is quite sure how to put it back together. The reason it cannot be patched up is that a system which has generated dependence on […]