Tag Archives: Washington Consensus

Our global economic system is broken. Are we headed for a mass revolt?

How long can billionaires continue to amass wealth while the world’s poorest struggle to buy food?

By Paul Rogers  Published 5-28-2022 by openDemocracy

Screenshot: The Today Show

While it has long been blatantly obvious that the global economic model is not working for all, the rate of accumulation of wealth by a small minority is now breathtaking – if not totally obscene.

With the situation only being worsened by the economic impact of the Ukraine War – which has come on top of the effects of the COVID-19 pandemic – could we be headed for mass revolts sparked by a desperate need for change? Continue reading

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