Posted by: greengorilla47 | 26/03/2009

Once beaten for stating the obvious, our time has come
Ten years ago, the anticapitalist movement predicted this recession. Now it must envisage an alternative global future

It was 1999 and the summer of corporate love. Many pundits – now talking of “bad apples” and applauding bailouts – were predicting the stockmarket would go up forever. Not coincidentally, it was also a decade ago that the anticapitalist movement emerged with a rambunctious “carnival against capital” in London’s Square Mile; the contagion spread to the streets of Seattle where the World Trade Organisation meeting was shut down by protesters later that year.

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