Does repeating a thing make it true? The followers of mainstream economic dogma must surely think ‘Yes’. After the financial crash of 2008 and the malaise ever since, they haven’t changed their tune much. Their prescriptions don’t work but the patients – you or me – are still being dosed with ‘freemarket’ medicine. We’ve worked on this edition in the spirit of providing something of an antidote. The economic bottom line is inevitable, say the powers that be. Just the way things are. Well, we – and an ever-growing legion of dissenting economists and fed-up-to-the-back-teeth members of the general public – say, ‘No’. These cherished myths are causing real harm and we need to ditch them.
December 2015, Issue 488
Each month we publish some of the best stories from New Internationalist magazine.
A brief introduction from Dinyar Godrej and David Ransom.
It's wrong to sell austerity as a cure for economic woes, says Dinyar Godrej.
Don't rely on those who caused the crash to resolve it, argues David Ransom.
Taxation creates prosperity just as much as private enterprise, says David Ransom.
Migration follows a demand for labour - and benefits the receiving country, writes Dinyar Godrej.
There is no evidence of greater efficiency, explains Dinyar Godrej.
Not if you look at the environmental costs, says Dinyar Godrej.
Why should financial markets be accountable only to themselves? asks David Ransom.
David Ransom argues that the opposite is actually true.
We need debt management not reduction, says Dinyar Godrej.
Dinyar Godrej explains why we need to find another way, fast.
Economists don't always get it right...
A poetic and heartfelt plea to restore a wounded planet. By Suprabha Seshan.
Families of missing POWs are still waiting for answers after 44 years, says Jas Uppal.
We do not always win - but sometimes we prevail. Mark Engler celebrates a daring victory.
This month's film reviews.
This month's book reviews.
This month's music reviews.
Aidan Foster-Carter looks beyond the clichés of the secretive state.
Steve Parry experiences Trolling and is still recovering.
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Ruby Diamonde dines with a man on a mission to wake up his people.
Karel Prinsloo photographs a patient vendor in Kenya’s Kibera slum.
Mexican President Enrique Peña Nieto may look like butter wouldn’t melt… but looks can be deceiving.
The system is rigged, but it can be changed, US-Iranian film director Ramin Bahrani tells Malcolm Lewis.
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