Earlier this month, in the second installment of its four-part report, the UN-sponsored Intergovernmental Panel on Climate Change said worldwide shifts in weather patterns and rising sea levels could bring drought, hunger, heat waves and disease to all continents. The poorest societies in the most arid regions would be hardest hit.
Nobel economist Joseph Stiglitz opened a panel discussion on “Global Imbalances, Power Shifts and the Future of Multilateralism” at a conference sponsored by the Center for Economic and Policy Research, in Washington, D.C., April 12.
The story of capitalist globalization is a harsh one for workers. The big business press usually spotlights stories of giant mergers and acquisitions.