As the global economic crisis unfolds – attacking the livelihood and living standards of ordinary people across the world – it is unfortunate that people end up blaming each other instead of addressing the real forces at work and constructing other ways of organising our economies. We should all now recognise that the current development strategy is flawed, and was so even during the boom, when patterns of growth were unsustainable, unequal and destructive.

The poor have subsidised the rich and Nature has been plundered unsustainably. While recent growth was not inclusive, the current ‘slump’ ...


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