Those on the Left often see the deregulatory ideologies of neoliberalism as a primary cause of the global economic crisis. Given this perceived failure, neoliberalism’s persistence can seem puzzling. But, as Dr Damien Cahill argues, this view ignores actually existing neoliberalism policy; a clearer focus on the reality of neoliberalism can reveal the source of its resilience. Continue reading…
July 24, 2014
Amid the chaos of the conquest of a large part of Iraq by the Islamic State of Iraq and Levant (ISIL, also know as ISIS, the Caliphate, or the Islamic State), there has been a great deal of attention paid to the political, military, social, humanitarian, and even religious implications. However, there has been little discussion of the economic impacts beyond a rise in the price of oil and drop in Iraqi oil exports. Professor Frank Gunter of Lehigh University, a retired Marine Colonel and economic advisor in Iraq, identifies the economic winners and losers created by the division of Iraq into sections controlled by the government in Baghdad, the Kurdish Regional Government (KRG), and the ISIL.
July 22, 2014
The question, how can innovation be fostered, magnified, expanded and enhanced is one of society’s big questions. In a resource-scarce future, creating more value [through innovation] with fewer resources will be essential. Shlomo Maital, Emeritus Professor at the Sameul Neaman Institute, says that our understanding of innovation systems will crucially determine our ability to shape a better future for humanity.
July 17, 2014
Well-designed co-operative business models that maintain a close eye on the creation and delivery of value to their members are among the most resilient of enterprises. Tim Mazzarol argues that with their focus on the economic and social development of their members, and their strong democratic principles, co-operatives offer an attractive solution to the current economic problems facing the world.
July 15, 2014
Reliance on International Aid for education in developing countries often leads to corruption and mismanagement that undermines the very purpose for which the aid was given. But it does not have to be this way. Dr Pauline Dixon, Reader in International Development and Education at Newcastle University, argues for a market-orientated model that would better serve those who need it most.