In this book Susan George gives us a whistle-stop tour of the continuing financial crisis and the global problems concerning food, water, poverty, conflict and climate. She explains how they are linked and offers suggestions for what we should do about them.
George’s passion and knowledge of her staggeringly broad subject matter can’t help but come through. She constantly backs up her position with evidence but doesn’t stray too far from the bigger picture. There’s even the occasional well-placed chunk of humour in her analogies.
Having a primary interest in climate change, I am guilty of the un-joined up thinking that the author suggests we avoid. I certainly didn’t expect to be so transfixed by the chapter on economics. I now know my CDOs (collateral debt obligations) from my CDSs (credit default swaps), while George’s analysis of the inequitable bank bailouts shows starkly how ‘profits are privatised [while] losses are socialised’.
George’s linking of multiple issues is the most useful feature of this book; she is less clear on possible solutions. She points out the successes of the past and explains why she feels that we can and must fight today’s problems. You can blame droughts, China or lack of technology for all these global problems, she says. You can wait for a revolution to bring along a perfect world. Or, she argues, we can work together to bring down the ‘walls’ of the ‘prison’ that the rise of neoliberalism has imposed.
The book doesn’t reveal how to make the ‘walls’ tumble, however; the reader must make do with a few useful demands to start their erosion – like the Tobin tax on financial transactions.
Social Movements and Leftist Governments in Latin America: Riding the pink tide Social Movements and Leftist Governments in Latin America: Confrontation or Co-option? by Gary Prevost et al (eds), reviewed by Federico Fuentes
Ghosts of Afghanistan: A realistic prospect for peace Ghosts of Afghanistan: The Haunted Battleground, by Jonathan Steele, reviewed by Gabriel Carlyle
Debt: The First 5,000 Years – Money, myth and morality Debt: The First 5,000 Years, by David Graeber, reviewed by Nick Dearden
Caught in the dragnet The controversial legal notion of ‘joint enterprise’ is being used against protesters and alleged gang members alike. Jon Robins reports
Jordan Valley: To exist is to resist Lorna Stephenson reports on a grass-roots campaign group challenging the Israeli occupation in the Jordan Valley
A different way of doing things Robin Murray explores the potential of co-ops to form the basis of an alternative economy
A bank worth backing Christopher Hird looks at how the Co-op Bank has fared in the financial crisis
One Million Climate Jobs: An interview with John Stewart Tom Robinson talks to the Chair of the Campaign Against Climate Change on how the creation of one million climate jobs could help save the economy and the environment
Red Pepper is a magazine of political rebellion and dissent, influenced by socialism, feminism and green politics. more »
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