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Analysis

Towards the Solidarity Economy NEW

It is important for the corporate sector to move beyond the PR rhetoric of ‘corporate social responsibility’ to ‘corporate accountability’, says John Samuel, laying out the principles of the solidarity economy -- an alternative to the free-market economy -- where ethics of production, markets, investment and consumption is central to promoting sustainability More...

G8 Hokkaido: An exercise in escapism

The G8 summit concluded with more empty rhetoric on the global fuel, food and climate crisis. The answer might lie in reforming the multilateral United Nations process rather than furthering the quasi-global governance posturing of G8 leaders, says John Samuel More...

Can the oil crisis usher in a New Deal for the world?

We could be on the threshold of a new phase of globalisation, one where there will be a new protectionism, more regional trade and regional economic activism and where governments will be forced to address the problems of the vulnerable middle class and poor, argues John Samuel More...

Poised for stagflation

Ideas, knowledge, art and travel are things which should be international, but let goods be homespun whenever possible, said John Keynes in 1933. Are we realising the wisdom of Keynes’ statement now, with India facing rising inflation with economic slowdown? Is this the result of the blanket opening up of the Indian economy? Are there lessons to be learnt about the benefits of a more selective opening up, asks economist Aseem Shrivastava More...

Localisation is about bringing the economy back to a human scale

By Naveen Vasudevan

Helena Norberg Hodge has documented the effect of globalisation and conventional development on Ladakh over 30 years and come to the conclusion that there is a middle ground between staying in the past and embracing globalisation to the total annihilation of the local culture More...

India-Africa Summit: Use and Abuse of Africa in India

The task of mainstreaming Africa in India presents both a risk and a challenge, says Mukul Sharma More...

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