Join in on the World's Biggest Bank Run This December

"A spectre is haunting Europe." Its not the revolution that Karl Marx supposed would come about. Nor is it Parisian students and workers taking to the streets as in May 1968. It is the vision of hordes of Europeans striking back at those who caused the 2008 financial crash. This time, organizers are calling for the use of a new weapon, one available to any of us with a bank account. It is the simple act of removing all of our money from the banks, and doing so in mass on the same day - December 7th.

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Robin Broad & John Cavangah: Yes, There Are Alternatives

In most countries, there is a dangerous myth that there is no alternative to the past 30 years' path of gearing economies toward the global market. Yet, as financial markets stagnate and food prices swing wildly and the environment come under siege, more and more nations are taking steps to reduce their vulnerability to a volatile global economy. Some are taking steps to encourage more "rooted" alternatives.

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Barry Grey: G20 Summit Fails to Resolve Global Trade, Currency Conflicts

The G20 summit of leading economies held in Seoul, South Korea concluded Friday without any agreement on policies to bridge differences over global currency and trade issues that have grown increasingly bitter in recent weeks.

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Germany Attacks US Economic Policy

Germany has put itself on a collision course with the US over the global economy, after its finance minister launched an extraordinary attack on policies being pursued in Washington.

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China Tees Up G20 Showdown with US

China has curtly dismissed a US proposal to address global economic imbalances, setting the stage for a potential showdown at next weeks G20 meeting in Seoul.

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Simon Johnson: Capital Failure

The Group of 20 summit for heads of government this weekend will apparently hail bank reform, particularly as manifest in the Basel III process that has resulted in higher capital requirements for banks. According to leading authorities on the issue, however, the Basel process is closer to a disaster than a success.

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William Greider: The End of Free-Trade Globalization

The world economy is on the brink again, facing a crisis of epic dimensions for reasons largely obscured by the inflamed politics of 2010. Against their wishes, the United States and China have been drawn into an increasingly nasty and dangerous fight over currencies and trade. American politicians, especially desperate Democrats, have framed the conflict in familiar moral termsa melodrama of America wrongedand demand retaliation. Other nations, sensing the risk of a larger breakdown, have begun to take protective measures. Every man for himself. The center is not holding.

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What Do Empires Do?

When I wrote my book Against Empire in 1995, as might be expected, some of my U.S. compatriots thought it was wrong of me to call the United States an empire. It was widely believed that U.S. rulers did not pursue empire; they intervened abroad only out of self-defense or for humanitarian rescue operations or to restore order in a troubled region or overthrow tyranny, fight terrorism, and propagate democracy.

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Vandana Shiva on agriculture and imperialism

Vandana Shiva: Resisting Hegemony

Excerpt of Vandana Shiva speaking about 'food and seed sovereignty' at the International Meeting on Resisting Hegemony held 2-5 August 2010 in Penang, Malaysia. The complete presentation and others from the meeting are available at the TV Multiversity channel on Vimeo: http://vimeo.com/channels/tvmultiversity

http://www.commondreams.org/video/2010/09/03-1

Walden Bello: Can You say, Fascism? The Political Consequences of Stagnation

Although technically the United States isn't in recession, recovery is a distant prospect in the world's biggest economy, which contracted by 2.9 percent in 2009. This is the message of the anemic second-quarter GDP growth rate of 1.6 percent and a real unemployment above the 9.6 percent official rate if one factors in those who have given up looking for work.

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