Financial Crisis Hits South West

south west | globalisation | feature Tuesday October 07, 2008 15:32 by imcvol

As the Credit Crunch Impacts the Region Voices are Raised in Protest, Dissent and in Search of Alternatives

The Financial Meltdown has arrived in the South West as Bristol Evening Post Watch observes: Just one week after the Post greeted the opening of Carboot Circus with the most ridiculous and uncritical hype they are today reporting the first closure of one of the luxury stores as the economic crisis begins to bite the retail sector. Full article.

While PeopleBeforeProfit calls for protests: Nobody needs to be told that we are in the middle of a global economic crisis of vast proportions. We are facing a global recession. The neoliberal ideology that has dominated for so long is in tatters as free market warriors carry out the biggest nationalisations in history. For millions of people the downward spirals on the stock exchange will play out in low wages, job losses and house repossessions...Protest "We won't bail out the bankers". Friday 10 October, 4pm - 6pm Outsite Bradford and Bingley, Colston St, Bristol City Centre (near fountains) Bring whistles, drums, and instuments. (Image: Protest against Wall Street baill-out last week) Full article.

While Parky explores the other options to Capitalism; Capitalism is in crisis and we are not any closer to articulating what an alternative might look like. Here in Bristol we should be talking and thinking about alternative economic systems. If we are heading towards a serious economic crisis then this is the moment when anarchists need to start demonstrating alternative ways of doing things. Full article.

| Cabot Crunch | PROTEST: We won't bail out the bankers | Vision without action is a daydream. Action without vision is a nightmare | Related News/Links: South West Repossessions Rise Above National Average | Participatory Economics | advicecentresforavon.org.uk | eveningpostwatch.wordpress.com | peoplebeforeprofit.wordpress.com |

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