Issues / Labor, Trade, & Finance

Obama in Canada

Obama makes his first foreign visit as president and gets the green light on Afghan escalation.
Among the most embarrassing, yet often overlooked economic policies of the Bush and Clinton years was the penchant for making other countries restrict capital controls, even though such controls had proved effective against financial volatility.

Economic and political elites are converging on Global Social Democracy as a solution to the current economic crisis. Columnist Walden Bello offers a timely critique of this new consensus.
This contradictory document identifies financial institution failures and calls for new regulatory measures, and at the same time, salutes the free market and some of the institutions behind the financial and economic crisis.
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