You could see the global market meltdown coming a mile away, according to futurist Hazel Henderson of Ethical Markets. She’s been identifying fatal flaws in the global economy, and sustainable alternatives, for three decades. Her most recent commentary on CSRwire critiques the “fractional reserve banking system,” which allows banks to lend 10 times the amount [...]
Plan A — the business-as-usual, free-market, capitalist economy — is clearly breaking down, causing meltdowns of global markets AND polar icecaps. Time for Plan B. That’s the title of the book by Earth Policy Institute Founding President Lester Brown, published five years ago. In it, he proposes an alternative economic model for “Rescuing a Planet [...]
It’s tough to make predictions, especially about the future. Yogi Berra said that. He also said, the future ain’t what it used to be. For Glen Hiemstra, the future holds the key to current planning. The founder of the website futurist.com, Hiemstra consults for businesses and governments on how to take the long view on [...]
The meltdown on Wall Street has many people asking, how come the government can find hundreds of billions to bailout the guys who brought us this mess–but always claims there’s no money to save homeowners from foreclosure, provide health insurance to those who can’t afford it, or clean up the environment? Today’s guest David Cay [...]
The market meltdown is spurring an urgent response from Congress, with both houses debating and revising versions of the Troubled Asset Relief Program (TARP) bill on an hourly basis. The bill revises the President’s proposed bailout of financial institutions, which some call “Cash for Trash.” CWR co-hosts Francesca Rheannon and Bill Baue interview US Representative [...]
In this special preview edition of this week’s show, CWR co-hosts Francesca Rheannon and Bill Baue interview US Representative (D-MA) Barney Frank, chair of the House Financial Services Committee that is now ushering the Troubled Asset Relief Program bill, or TARP, through Congress. The bill revises the President’s proposed bailout of financial institutions to the [...]
We woke up this week to find Lehman Brothers, the venerable bank founded over a century ago, belly up, and Merrill Lynch merged with Bank of America in a shot-gun wedding. And late last night, the Fed announced it had taken control the mega-insurer American International Group, or AIG. As the subprime meltdown continues, it [...]
This week CWR rebroadcasts a show from earlier this year that got great feedback. CWR co-host Bill Baue spoke with Michael Conroy, author of Branded! How the “Certification Revolution” is Transforming Global Corporations. Conroy discusses how activist campaigning for improved corporate social and environmental practices has gotten companies to respond. The two sides moved from [...]
In June, the Century Foundation and the The New York Times Foundation invited Corporate Watchdog Radio to a seminar for a select handful of journalists on “Billionaires and Their Impact.” There, CWR co-host Francesca Rheannon heard Chuck Collins speak on a panel about the “Billionaires’ Club” and the impact of extreme wealth on the rest [...]
The Democratic party has shied away from linking clean energy, the economy, and the environment since Jimmy Carter’s 1977 Energy Policy. But the political winds are changing. At Tuesday evening’s Democratic National Convention, almost all of the speakers hit on the theme of green collar jobs. Nancy Floyd of Nth Power noted that there are [...]
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