Author Archives: Rajesh Makwana

Panama Papers: Reigniting the debate for a global tax body

Buried beneath the sensational revelations making headlines in the wake of the Panama Papers is a simple truth about the importance of fair and effective tax systems: revenues from taxation—whether from company profits, capital gains or wages—are crucial for maintaining nationwide mechanisms of economic sharing that safeguard the basic needs of citizens. Not only does the redistribution of tax revenue allow governments to fund safety nets and public services designed to keep poverty at bay, it maintains the infrastructure needed to facilitate a wide variety of social and economic activities, from public transport and roads, to schools and hospitals. Continue reading

Ten billion reasons to demand system change

Has the international community left it too late to prevent runaway climate change and widespread ecological degradation? Does the typical citizen and career politician have the inclination to accept the severity of the ‘planetary emergency,’ let alone make the lifestyle changes and policy decisions needed to address it? And can the upcoming UN climate negotiations in Paris really signal an end to the unregulated dumping of carbon emissions, or mark a shift away from the business-as-usual approach to economic development? Continue reading

Global Goals? The truth about poverty and how to address it

As the star-studded endorsements and media hype surrounding the all-pervasive Global Goals campaign begins to subside, a very different truth is beginning to emerge about this latest attempt by the international community to end poverty and create an ecologically viable future. Despite the UN’s ambitious claims, all the indications are that the Sustainable Development Goals (SDGs) do not have the potential to “free the human race from the tyranny of poverty and want” or “heal and secure our planet.” On the contrary, the ‘new agenda for development’ fails to address the root causes of today’s interconnected global crises, perpetuates a false narrative about poverty reduction, and reinforces an unsustainable economic paradigm that is inherently incapable of reducing the true scale of human deprivation by 2030. Continue reading

Beyond the market-state: decentralising power in a sharing society

In an era of politics characterised by unconstrained corporate lobbying, a well-oiled ‘revolving door’ between industry and government, and an endless stream of campaign contributions from dirty oil and other lucrative industries, is the long-championed ideal of a truly democratic state now a lost cause? Should concerned citizens and activists turn their attention instead to establishing sustainable economic alternatives within their towns and communities? Or should we all be doing much more to ensure that “government of the people, by the people, for the people, shall not perish from the earth,” as Abraham Lincoln once avowed? Continue reading

Challenging corporate power in a not-for-profit world

Does changing the way we do business hold the key to creating a world where resources are shared more equitably and consumed within planetary limits? According to Professor Donnie Maclurcan of the Post Growth Institute, the answer is a definitive yes—but only if we can fully embrace a business model that doesn’t require profits to be distributed to shareholders, and works instead to reinvest revenues back into the company. Increasingly, socially and environmentally conscious entrepreneurs are adopting not-for-profit (NFP) business practices across the whole spectrum of traditionally for-profit sectors. Maclurcan, whose book ‘How on Earth’ co-authored with Jennifer Hinton is due out next year, firmly believes that the NFP model presents an alternative macroeconomic framework with the potential to revolutionise how we produce goods and services, and thereby pave the way for an ‘economics of enough.’ Continue reading

Global justice, sustainability and the sharing economy

If the sharing economy movement is to play a role in shifting society away from the dominant economic paradigm, it will have to get political. And this means guarding against the co-optation of sharing by the corporate sector, while joining forces with a much larger body of activists that have long been calling—either explicitly or implicitly—for more transformative and fundamental forms of economic sharing across the world. Continue reading

Equity + sustainability = sharing globally

More than ever before, analysts and organisations are advocating for the process of sharing to guide our response to pressing global issues. Continue reading

Moving beyond the corporate vision of sustainability

The corporate capture of policymaking has dire implications for how we achieve sustainable development in the 21st century, and it must be strongly opposed in the coming years as deliberations on climate change and sustainable development reach important conclusions. Private sector influence over politics at the national level is already widely recognised, but the extent to which powerful industries are able to influence global negotiations on some of the world’s most pressing problems is far less reported by the media or discussed in the public sphere. Continue reading

Will development goals ever be enough?

Governments must accept that the root causes of poverty, inequality and climate change will never be addressed without substantial reforms to the global economy. In the meanwhile, the post-2015 development goals need to be much more ambitious about preventing avoidable poverty-related deaths within an immediate timeframe. Continue reading