Issue 440 of New Internationalist

Reader-owned global journalism

March 2011

March 2011

Why has the Great Recession, which has stunned the wealthy West, left the Majority World more or less unscathed? Next month the New Internationalist takes a closer look. We show how the Majority World learned from the bitter experience of ‘structural adjustment’ to keep as far away from financial markets as possible. We listen to the voices of ordinary citizens in Latin America, Africa and Asia for the sense that’s so conspicuously absent from the deluded din of economic orthodoxy. And, as the world wakes up to the true cost of financial markets, and the resistance finally begins, we outline a 3D vision of a future that might actually be worth having.

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In this issue

  • Two activists debate whether property destruction is a valid tactic for bringing about social and political change - plus your chance to join the conversation.
  • The Great Recession may have stunned the Minority World, but the Majority World has survived more or less unscathed. David Ransom investigates why, and traces the outlines of a future that might just be worth having.
  • India may be one of the world’s current economic ‘winners’ but inequality is its fastest-growing sector, reveals Jaideep Hardikar.
  • A profile of the Pacific island state.