They did not underestimate the risks, focused on preventative measures and prioritized long-term social wellbeing over short-term economic considerations.
They have pursued GDP growth with little or no investment in human, social and natural capital. This does not bode well for the future of the world economy.
The inherent power of numbers explains why all sorts of data, good or bad, can become a potent weapon to shape complacency and subservience in society.
The inherent power of numbers explains why all sorts of data, good or bad, can become a potent weapon to shape complacency and subservience in society.
Crises, like those gripping Europe, tend to expose the process and practice of regional governance as technocratic and elite-driven. But citizens and civil society may well demand more voice and power, in a 'politicisation' of regions.
The formation of Finance Watch in Brussels may represent the first baby steps towards a body with the knowledge, reputation and muscle to hold the financial sector to account.
One might have expected charitable foundations - the financial muscle behind many civil society initiatives - to be keen to support pressure groups or policy research bodies concerned with financial markets structures and players. But the authors have found only weak evidence that foundations real
The Giving Pledge promoted by Bill Gates and Warren Buffett is a huge commitment of funds by the super-rich to philanthropic ends. At its core is a view that business, however conducted, is just a means to an end, the source of money to be distributed to good causes by wealthy elites. Business lea
Non-profits have suffered in the financial crisis no less than their counterparts in the private and public sectors. But could this be a 'Greenpeace moment': might philanthropic foundations support the creation of a civil society conscience for international finance?
