Topic: Finance and debt

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Humanity uses 70% more of the global commons than the Earth can regenerate

Blog / 5th February 2018

Measuring humanity’s ecological footprint is essential for keeping its demands within the planet’s biocapacity, a minimum requirement for sustainability, writes Mathis Wackernagel from the Global Footprint Network.

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Tackling inequality talk is easy

Blog / 5th February 2018

Growing inequality is not inevitable; it is created socially. If elites are at all serious about tackling the growing gap between the super rich and the rest of us, they know what they have to do - but who will act? By Anis Chowdhury and Jomo Kwame Sundaram for IPS News.

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53 economists write to IMF Directors on approach to social protection

News / 2nd February 2018

The International Monetary Fund (IMF) was formed in 1945 to ensure the stability of the international monetary system. The letter below to IMF Directors has been signed by more than 50 prestigious economists and development specialists, concerned on IMF’s social protection and labour reforms.

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Richest 1 percent bagged 82 percent of wealth created last year – poorest half of humanity got nothing

Report / 23rd January 2018

Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report.

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Extreme poverty returns to America

Blog / 9th January 2018

The U.N. finds growing numbers of Americans are living in the most impoverished circumstances. How did we get here? asks Premilla Nadasen.

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Iran’s protests take place against a backdrop of inequality

Blog / 9th January 2018

Will Iran listen to groups like the IMF or the voice of its people? Unless the country deals with basic economic concerns and inequality, the frustrations will continue to simmer, writes Negin Owliaei.

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Doughnut economics: an economic model for the future

Blog / 2nd January 2018

The distributive concept of the 21st century is not about redistribution, but about sharing the sources of wealth from the start. An interview with Kate Raworth, by Triodos bank.

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The Commons Transition Primer

Article / 22nd December 2017

A new dedicated website by the P2P Foundation explains the meaning of and relationship between the Commons and peer-to-peer (P2P) frameworks, and details how a growing movement for a commons transition is poised to reinvigorate labor, politics, production, and carework – from both an interpersonal and environmental perspective.

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"American Dream is rapidly becoming American Illusion," warns UN rights expert on poverty

Report / 18th December 2017

The United States, one of the world’s richest nations and the “land of opportunity”, is fast becoming a champion of inequality, according to the United Nations Special Rapporteur on extreme poverty and human rights, Philip Alston.

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How Orwell used wartime rationing to argue for global justice

Blog / 15th December 2017

Innumerable observers have noted that the so-called developed world accounts for a disproportionate share of the world’s resources. Yet even those of us who find global inequality troubling and ultimately indefensible hesitate to raise the subject. Unlike George Orwell, that is, whose support for war-time rationing revealed his motivations towards justice at a global scale, writes Bruce Robbins.

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