Issue 430 of New Internationalist

Reader-owned global journalism

March 2010

March 2010

Praying for business as usual in the corridors of power will never restore the myth of a self-correcting free market. High finance, the biggest of the winners from corporate globalization, over-inflated this false belief and then blew itself to bits, as if by accident. In this issue, the New Internationalist asks what remains and who’s left to clear up the mess. As national ‘taxpayers’ – that’s the rest of us, citizens – find themselves footing the bill into the indefinite future, the time has surely come to make way for more just and democratic systems – and a new internationalism. Fresh signs of life now spring most vigorously from a growing awareness that the Earth is not a toy boardroom globe but an endangered habitat that lives or dies by its intricate diversity, in a shared climate that’s changing beyond all recognition.

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In this issue

  • *David Ransom* argues that a corporate shipwreck lies behind the collapse of financial markets.
  • Facts, figures & ratings.
  • New hope for international action on global warming has come from Bolivia, where President Evo Morales is convening a People’s World Conference on Climate Change. *Vanessa Baird* reports on a multifaceted initiative.
  • For a decade *Walden Bello* has known what really has to be done.