news & thoughts

Tax the big

One of the striking features of our times is that we have companies that are wealthier than many states around the world. And even when the largest multinationals aren’t bigger, the likes of Apple, Shell, Glencore, Facebook, and Wall Mart still outpower governments on many fronts. Notwithstanding that many consumers may eagerly buy their products and services, due to their

Reclaiming the state

From talks with (foreign) corporations and investors active in agriculture in Africa, particularly in Zambia in my case, I realised that many of them are concerned about the issues critics have raised. These critics, ranging from (international) NGOs to local communities, human rights lawyers, international organisations, journalists, and social movements, increasingly point to the

Hope for the future? Efforts and ideas to improve the current economic predicament

In a pessimistic – or realistic – mood, it is hard to deny that the world’s future looks rather grim: growing inequality appears difficult to undo; the financial system has hardly become safer since the 2007/2008 crisis; and the rising power of BRICS and other Global South economies tends to rely on conventional economic and ecologically destructive growth models. At the same time, and

State Intervention in Financial Markets: Why Geopolitics Matter

There is not much new in the observation that markets are closely intertwined with political authority. In the past authorities guaranteed markets to operate, while global financial markets also exist thanks to active state support. If this was not already obvious, then governments acting as lenders of last resort to banks in the aftermath of the 2008 financial crisis certainly brought the