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.

An interview with IIRE Fellow Eric Toussaint , by Pauline Imbach 

Some talked about a new start for the movement for another globalization with the World Social Forum in Belém. Do you think this is the case?

Since the World Social Forum (WSF) went through difficult moments in 2006, 2007, and 2008, we can really call this 9th edition a new start. It was a huge success in various respects.

Interview d’Eric Toussaint, par Pauline Imbach

On a parlé de rebond du mouvement altermondialiste à l’occasion du Forum Social Mondial à Belém, que faut-il en penser?

Après une situation difficile du Forum Social Mondial (FSM) en 2006, 2007, 2008, on peut parler véritablement de rebond car cette 9ème édition est un énorme succès à différents niveaux.

By IIRE Fellow Claudio Katz, June 2008.

The prolonged conflict between ruralismo and the government has resulted in an exhausting political battle. The first bloc aims to hoard the agrarian rent at the cost of the popular majority, and the government needs to exhibit authority in order to implant a social pact that favours the capitalist class as a whole.