-Al Jazeera UK-based charity says the world's 100 richest people earned enough in 2012 to end global poverty four times over. The world's 100 richest people earned enough money last year to end world extreme poverty four times over, according to a new report released by international rights group and charity Oxfam. The $240 billion net income of the world's 100 richest billionaires would have ended poverty four times over, according to the...
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If you think we're done with neoliberalism, think again-George Monbiot
-The Guardian The global application of a fraudulent economic theory brought the west to its knees. Yet for those in power, it offers riches How they must bleed for us. In 2012, the world's 100 richest people became $241 billion richer. They are now worth $1.9 trillion: just a little less than the entire output of the United Kingdom. This is not the result of chance. The rise in the fortunes of the...
More »Why journalists are covering rapes differently in New Delhi & Steubenville-Mallary Jean Tenore
-Poynter.org It’s not often that two stories about rape — one in India and one here in the U.S. — get so much attention at the same time. What’s striking about the simultaneous stories is how differently journalists are covering them. The case in New Delhi involves a young woman who was raped so brutally that she died. The five men suspected of the rape now face charges of kidnapping, rape and...
More »A platform of, by and for the connected-Rahul Verma and Pradeep Chhibber
-The Indian Express Increasing frequency and intensity of protests reflect a deeper crisis in Indian democracy: the failure of civil society In the last five years, citizens have poured out in large numbers at Jantar Mantar and India Gate (and in many other parts of the country) to ask the state to hear their demands. In 2006, marches and sit-ins forced the state to re-examine the Jessica Lal and Priyadarshini Mattoo cases....
More »Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
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