The Beijing Declaration: Another Economic World is Possible

'Another World is Possible', the familiar slogan of the World Social Forum, is now being put to the test, writes Hilary Wainwright from Beijing. Can the activists and intellectuals of the movements for global justice propose convincing alternatives, drawing on the struggles and experiments of recent years and on interesting historical experiences?

October 24, 2008 · 2 min read

In Beijing this week, during the Asian-Europe People’s Forum, there was an opportunity for a number of social movement organisations to take up this challenge. On three nights following the formal business of the forum, we produced this document, The global financial crisis: an historic opportunity for social transformation, with interesting input from Chinese participants on the second night but not directly in the drafting of the final document. (Chinese economists will contribute to the December/January issue of Red Pepper.) This ‘Beijing Declaration’ is intended as a living document to be worked on by others, cross-fertilised with other initiatives and to be used as a resource for action.

Over the coming months, Red Pepper – the magazine and the website – offers itself as a laboratory for working on alternatives to the unravelling financial and economic institutions of neoliberal capitalism. We will invite critical and actively engaged thinkers on political economy from across the world to contribute and provide links to others sources of useful debate and proposals. Please contribute your ideas and your suggestions about who to involve and what other websites and sources to connect with.

Read the \’Beijing Declaration\’ and Join the discussion here



Ann Pettifor: If I governed the Bank of England, here’s what I do

The radical economist outlines how she'd overhaul the UK's broken economy.

Market meltdown

Grace Blakeley dissects the failure of finance capital and calls for radical measures to take it back under democratic control

Westminster’s democracy is crumbling. Trade unionists must lead the charge to fix it

Nancy Platts writes that the workers' movement needs to challenge unaccountable power.


The economics that came in from the cold

Tory-supporting media have been portraying Jeremy Corbyn as a Soviet fellow-traveller, while unnoticed the shadow chancellor sets out a vision that breaks with the old bureaucratic state model. By Hilary Wainwright.

Creating an economy that works for all

A Labour government could overhaul a struggling, unjust economic system: A manifesto by Hilary Wainwright.

Global debt is fast approaching a quarter of quadrillion dollars

Tigran Kalaydjian explains the booming debt crisis - and what it means for the global economy.