Cesran International

Recent Articles

  • USING THE DEVICE OF A TREATY TO CONTROL CORPORATIONS?

    In today’s modern democracies, corporations wield significant influence over our lives, as well as over our governments. In the wake of the global financial crisis, it is evident that corporate interests are not always aligned with the public interest. Furthermore, there are few incentives for companies to adhere to this objective. This issue was raised

    Read more
  • Artificial Intelligence: ‘Frankenstein’ or Capitalist Money Machine

    Introduction The Financial Times’ Special Report (2/16/2017) published a four-page spread on the ‘use and possible dangers of artificial intelligence (AI)’.  Unlike the usual trash journalists who serve as Washington’s megaphones on the editorial pages and political columns, the Special Report is a thoughtful essay that raises many important issues, even as it is fundamentally

    Read more
  • Economic Development Models and Capitalism

    The question of “Development Models” In the post-Communist era now more than two decades old, many people around the world are questioning what is the best economic development model? One reason for such a question is the very deep recession of 2008-present that has thrown many economies into a downward spiral of unemployment, rising public

    Read more
  • Austerity, the Hardworking and the Feckless

    About two years ago, the current UK finance minister George Osborne commented that ‘hard-working people’ left for work every morning while ‘behind the blinds’ of the house opposite people on benefits were sleeping in. The ‘hard-working’ person was paying for the feckless “to stay at home and not work”. At the time, I wrote a

    Read more
  • A Comparative Business Case for Bridging Strategies

    The current US Foreign Policy seeks to maintain a balance of power among Nation States. The US expects to confront all manner of persistent conflict through a global engagement strategy. BY DR. TERRY TUCKER | APRIL 12, 2013 Although there are different political, military, economic, and social elements that compose the National Security Strategy, the

    Read more
  • The Hindrance of Development in Pakistan: How Pakistan is Holding Itself Back

    A full, liberal democracy is a system that has fair, competitive elections along with conditions such as: nearly universal suffrage, a loyal opposition, and respected civil liberties.  Democratic practices give countries an advantage towards economic growth and prosperity.  In a study that analyzed economic growth from each year between 1960 and 2001, Halperin, Siegle, and

    Read more
  • The Zombie Currency and the Fetters of Europe

    Hobbes once said that money is the “Sanguification of the Commonwealth” Wherever it circulates, so it brings goods from those who produced them to those who need them, and in the process sustains the life of the body politic, the same way blood sustains the life of the body. BY THE CURRENT MOMENT | September

    Read more
  • Using the Device of a Treaty to Control Corporations?

    In today’s modern democracies, corporations wield significant influence over our lives, as well as over our governments. In the wake of the global financial crisis, it is evident that corporate interests are not always aligned with the public interest. Furthermore, there are few incentives for companies to adhere to this objective. BY DR. JEAN-PAUL GAGNON

    Read more
  • Towards a European Tobin Tax?

    Reports in the press this week suggested that German Chancellor, Angela Merkel, had been won over to the idea of introducing a tax on financial transactions at the European level. BY THE CURRENT MOMENT | JANUARY 24, 2012 This has been primarily a French idea so far, with Nicolas Sarkozy a convert to a policy

    Read more
  • Capitalism in Crisis – the Apologia

    The Financial Times recently launched a series of articles on “Capitalism in Crisis”.  As we enter the fourth year of the global banking collapse and the long depression in real output for the major capitalist economies, the strategists of capital are trying to understand what went wrong with capitalism and what to do about it. They realise

    Read more
  • How Credible are the Credit Rating Agencies?

    With the ‘big three’ in an enormous position of power, it is time to regulate the ratign agencies effectively. PROF. JOHN RYAN | DECEMBER 12, 2012 The reputational crisis of credit rating agencies is ongoing and is putting into question whether CRAs are playing a credible role in eurozone financial markets. The single currency crisis

    Read more
  • Specterless Europe: What is the problem to which Europe seeks a solution?

    Written by THE CURRENT MOMENT Saturday, 03 December 2011 15:57 A crisis of confidence says ECB President Mario Draghi, and just about everyone else. Confidence is lacking in the ability of eurozone countries, especially in the south, to pay back their debts. According to Draghi, asquoted in the Financial Times, “the most important element to

    Read more
  • Democracy versus Debt Sustainability

    Written by THE CURRENT MOMENT Debt sustainability has emerged as one of the key issues of the day and one that brings the different poles of the rich world together: the United States, European economies and Japan are all struggling with the problem of how to cut public debt. There are few better accounts of

    Read more
  • Debt and Coercion

    Written by DR. ALEX GOUREVITCH Among the Solonic reforms that made Athens democratic was the abolition of debt-bondage. In his history of Rome, Livy wrote that the Lex Poetelia of 326 BC, abolishing debt-bondage inRome, was “the dawn, as it were, of a new era of liberty for the plebs.” It is probably no accident that Nietzsche,

    Read more