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Manuel Castells

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February 2009
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World Economic Forum V. World Social Forum on The Economic Crisis

February 3, 2009 by and tagged , , , , , , , , , ,

Both the World Economic Forum and the World Social Forum have ended and, of course, the main topic under discussion has been the global financial crisis. What conclusions / solutions have they reached? Let’s compare and contrast.

World Economic Forum:

Translation: we have no idea what to do but we sure as hell don’t want to be regulated because that would be horrible… Because deregulation has worked so well!

World Social Forum:

Translation: capitalism is dead.

The other interesting aspects of this reporting are two-fold: the WEF, as reported, is dominated by older white men from Western countries + China (Desmond Tutu was the odd duck there, ruining the fun with his talk of how bailouts could solve the global poverty problem several times over). On the other hand, the WSF was clearly dominated by the populist (male) leaders of Central and South America. An interesting geopolitical snapshot.

I guess women and Africans are out of luck in the global era.

Posted in Activism, Collective Behavior, Corporatism, Economy, Global Governance, Global Imaginary, Globalization, Ideologies, Risk Society, Social Movements, Transnational Capitalist Class | No Comments »



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