“We now have around $7trillion of subprime carbon assets in the global economy, and their value, like the subprime mortgages, is based on an assumption that is highly questionable,” Al Gore explained in his keynote speech to a sustainable business conference in San Francisco in 2011. Yet the idea that […]
Rachel Newton, the National Coordinator of the People’s Charter, tells the OT about the growing resistance against the austerity cuts and her delegation to Greece to meet anti-austerity politician, Alexis Tsipras. In the recent Greek elections, whilst the anti-austerity party, SYRIZA, the Coalition of the Radical Left, came second to […]
We walk inside the high church of the big bank. Oh, it is JP Morgan Chase, and buried somewhere deep in the headquarters is the beautiful Ms. Blythe Masters, creator of the credit default swap (CDS), and head at the world commodities desk. We stand at the teller’s window and […]
Summer has arrived, and although the cold might not be biting too hard right now, the bite of our bills shows no respite. Fuel costs have grown seven times faster than income since 2004, and fuel bill debt has become a key aspect of UK private debt. As we struggle […]
Portugal is now a year into a structural adjustment program overseen by the troika, a term widely used in “bailed-out” countries to refer to the International Monetary Fund, the European Central Bank, and the European Commission. Even though Portugal was the third country to turn to the troika for financial […]
Es.Col.A da Fontinha is a project in Porto, a city in northern Portugal, where activists occupied a school originally abandoned by city authorities in 2006. Regular OT contributor David Ferreira spoke with activist Violeta about an occupation that preceded Europe’s Indignados and North America’s Occupy movement. Occupied Times: For starters, […]
One day before the official declaration of the final results of who will rule their country, Egyptians in Cairo were pondering a curious fact: the runoff elections for the Egyptian presidency were between Mohammed Morsi, the candidate for the Muslim Brotherhood, and Ahmed Shafiq, Mubarak’s last prime minister. Yet the […]
NUS President Liam Burns and a number of Guardian columnists have claimed that student power is on the rise. But in their exuberant optimism, they fail to address the process by which the government is pushing through a ‘consumer-model’ of higher education, cloaked in the language of student power. The […]
COP July will bring increased demands on your services, but with it, increased powers at your disposal. While Olympians compete on a level playing-field, it’s your job to ensure those trying to even things up in the real world don’t get a footing. This is no time to be sporting; […]
The International Organization for a Participatory Society (IOPS) is an international, nongovernmental organisation embracing values such as self-management, diversity, ecological husbandry and egalitarianism. The organisation was founded in early in 2012, and names the likes of Noam Chomsky, David Harvey, John Pilger, Elaine Bernard and Vijay Prashad among its well-known […]