John Hilary on the financial crisis
On 16 December 2008, New Internationalist hosted an inspiring evening of debate and analysis of the global economic crisis.
John Hilary, executive director of War on Want, was one of the speakers - you can watch his comments below.
He began by explaining that this is no blip but a profound crisis - one we can only understand by realizing that globalisation was a programme established in the interests of corporate profit
How the descent into debt came about and how the World Bank admitted it had got things wrong.
Why we should seek a completely new economic system based on public benefit, not private profit, on justice and equity rather than greed - and why the World Bank, IMF and WTO should be dismantled
» Find out more about Clean Start - the New Internationalist's guide to the financial crisis
