By Federico Campagna, Emanuele Campiglio
Federico Campagna, Emanuele Campiglio (Eds.)
The age of austerity has introduced a brand new new release of protesters directly to the streets internationally. because the financial difficulty meets the environmental hindrance, thousands worry what the longer term will convey but additionally dare to dream of a unique society. What we're scuffling with For attempts to respond to the query that the mainstream media likes to ask the protesters. the 1st radical, collective manifesto of the recent decade, it brings jointly a few of the key theorists and activists from the hot networked and artistic social hobbies. individuals comprise Owen Jones, David Graeber, John Holloway, Nina energy, Mark Fisher, Franco Berardi Bifo and Marina Sitrin. Chapters define the choice imaginative and prescient that animates the hot worldwide stream – from 'new economics' and 'new governance' to ‘new public’ and 'new social imagination'. The booklet concludes by way of exploring 'new strategies of struggle’.
"Here are the 1st plants of spring: the start of an epochal discussion concerning the human destiny. encouraged via the Occupy activities internationally, What we're battling For should still motivate we all to hitch the conversation." - Mike Davis, writer of Planet of Slums and town of Quartz"This assortment presents a rallying aspect for all those that withstand the dogmas of up to date politics and search a clean set of possible choices. What we're scuffling with For is a manifesto jam-packed with pressing, articulate responses to the present situation." - Simon Critchley, Hans Jonas Professor of Philosophy on the New college, manhattan, and writer of the religion of the Faithless (2012).
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Extra resources for What We Are Fighting For: A Radical Collective Manifesto
Low interest rate) loans to borrowers. , undertake reconstruction and restoration in devastated areas of Japan. Their economic activity will then generate returns: in the form of a) income and savings deposited in the private banks; and b) taxes paid directly, and indirectly by people in employment, as revenue to government – and used to repay debts. But QE does not always flow into productive economic activity. For example, because of the deregulation of global capital flows, the QE, or liquidity, generated by the Fed Reserve after 2009 was not all invested by US bankers in the real, productive economy of the United States.
Major successes were registered in a number of sectors, perhaps most notably in aquaculture (shrimps, tilapia). Compare this success to neighbouring Cambodia, which was forced to retain its neoliberal policy parameters under the ‘guidance’ of the international development community, and as a result has manifestly failed to escape its poverty and underdevelopment through enterprise development (it has instead one of the world’s largest microfinance sectors which, of course, is part of the problem).
In fact central banks had been conjuring credit ‘out of thin air’ both before and since 1694 – when the venerable Bank of England was established. To verify that credit is created in this way, on 16 March 2009, Ben Bernanke, the governor of the Federal Reserve, gave the first-ever interview by a Fed governor to the CBS 60 Minutes6 show. It was the day after the Fed had bailed out AIG for the sum of $160 billion. Bernanke was asked by the journalist on CBS’s show: ‘Where did you raise that money from?