Home

Resources: Economics and finance

Results 101 - @to of 107

Cost-Benefit Analysis
Whose Interest, Whose Rationality?
Larry Lohmann

31 May 1997

Cost-benefit analysis (CBA) is often regarded as a pure form of practical reasoning that can shift accountability onto supposedly impersonal mechanisms, summarize complex choices in a formulaic way, and transmute popular pressure, political debate and political conflict into quiet, office-bound operations performed on fixed and agreed-upon preferences. Yet CBA’s commensuration of things that no one has any experience in commensurating leads to odd new ways of treating reason, democracy, public opinion, space, time and personhood. And the more practical steps are taken toward its algorithmic ideal of decision-making, the more unforeseen political and social difficulties crop up, including popular resistance.

“The Rich countries are responsible for the continuing poverty of the South”
Nicholas Hildyard

1 June 1996

The rich have never been shy about praising the qualities that created their wealth. Nor are they short of convenient explanations for the poverty of others -- from “the breeding habits of the poor” to “economic mismanagement” and “protectionism”. But they have always found it difficult to explain poverty in ways that do not implicate themselves, contends this contribution to an Oxford Union debate, held at Oxford University, UK.

The Globalizers’ Dilemma
Contention and Resistance in Intercultural Space
Larry Lohmann

1 September 1995

Different actors -- transnational corporations, political and technocratic elites, their opponents and others -- contend with and influence what is loosely called “globalization” in different ways. Constructive and engaged understanding of the power struggles between them all and their resources, motivations, dynamics, strategies, effectiveness, and capacities for alliances requires coming to grips with the ways in which they interpret and present their own struggles.

Visitors to the Commons
Approaching Thailand’s “Environmental” Struggles from a Western Starting Point
Larry Lohmann

1 April 1994

Westerners wanting to engage in effective international campaigning often will need to question their very conceptions of what social movements are.

Green Orientalism
Larry Lohmann

1 November 1993

This opinion piece shows how environmental activists, ecological economists, development experts and deep green theorists tell self-serving and one-sided stories about Noble Savages, Eastern religions, “traditional communities” and ordinary householders. This "Green Orientalism" both arises from and perpetuates power imbalances. It must be constantly challenged by stories told from other points of view.

Maastricht: The Protectionism of Free Trade
Nicholas Hildyard

2 February 1993

In 1986, the 12 member states of the European Economic Community (EEC) signed the Single European Act, which committed them to dismantling all legislative barriers to the free movement of goods, services, capital and people between them by 31 December 1992. The resulting Single Market is designed to protect the multinational interests that have long lobbied for its creation and that are now the dominant economic and political force within Europe. The Treaty on European Union -- commonly known as the Maastricht Treaty -- gives those multinational interests the legal powers and administrative apparatus of a full-blown state.

Politics of Alternative Finance

OpenSpace and CRESC held a one-day workshop in February 2010 on the underlying principles and practical prescriptions for financial reform. It was organised around three main questions: