Corporate America, Ground Your Jets
The American taxpayer, reeling from the economic meltdown, doesn’t feel like subsidizing lavish jets and bonuses any more.
Executive Pay and the Stimulus Bill
This memo summarizes the key provisions in the stimulus legislation to restrict compensation for executives of bailed-out companies.
The Risk of Military Keynesianism
Will the economic crisis finally take a bite out of military spending, or serve as another rationale for maintaining the status quo?
IPS on the CEO Pay Caps
We applaud efforts to cap bailout pay, but are concerned about reports of weak Treasury rules.
Executive Pay and the Bailout
An analysis of new proposals for change.
Arts Stimulus Plan
Here’s a detailed call for the stimulus plan to include a program that will support artists and writers.
Ecuador’s Debt Default: Exposing a Gap in the Global Financial Architecture
The South American country’s refusal to make ‘immoral and illegitimate’ payments exposes an international financial architecture glitch.
Workshop: The Economic Crisis How Did We Get Here? How Do We Get Out?
Assessing the G-20 Declaration
This contradictory document identifies financial institution failures and calls for new regulatory measures, and at the same time, salutes the free market and some of the institutions behind the financial and economic crisis.
Bailouts Dwarf Spending on Climate and Poverty Crises
The approximately $4.1 trillion that the United States and Europe have committed to rescue financial firms is 40 times the money they’re spending to fight climate and poverty crises in the developing world.
Response to Poverty and Empire: Denial
The presidential campaign demonstrated the contemporary versions of institutionalized denial.
Obama Faces Economic Disaster
The new president will inherit the financial meltdown that has begun to reach beyond the “developed” countries and into Russia, Korea and Brazil.
The Crisis and the Environment
Less travel, but also less investment in alternative energy: Columnist Michael Klare asks whether the crisis is a net plus or minus for the environment.
The Second Shockwave
The global economic crisis is just now hitting the developing world with devastating effects.