Eric Toussaint, interviewed by IHU On-line (Brazil)
As he assesses the international crisis and the proposals made by the Left to meet a fast deteriorating global situation, Eric Toussaint distinguishes between two very different kinds of Left that suggest different ways of of resolving the interconnected crises of capitalism.
by IIRE Fellow Claudio Katz
It is true that banks are less leveraged, but the outflow of capital is intensifying. Internationalized industry is hit by global overproduction, and lower prices of raw materials depress growth. Moreover, attempts at stimulation collide with reduced resources from the central economies.
by IIRE Fellow Eric Toussaint and Damien Millet
The G20 summit meeting in London from April 1st onward was loudly announced and publicized. Those 20 industrialized and emergent countries (G20) are meeting to find solutions to the crisis. But long before the end of the summit, it is clear that they will not rise to the challenge.