Walden Bello

Walden Bello

Walden Bello is senior analyst of the Bangkok-based institute Focus on the Global South and representative of Akbayan (Citizens’ Action Party) in the House of Representatives of the Philippines. He can be reached at waldenbello@yahoo.com.

Articles by this author

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Friday, May 16, 2008
Manufacturing a Food Crisis
When tens of thousands of people staged demonstrations in Mexico last year to protest a 60 percent increase in the price of tortillas, many analysts pointed to biofuel as the culprit. Because of US government subsidies, American farmers were devoting more and more acreage to corn for ethanol than for food, which sparked a steep rise in corn prices. The diversion of corn from tortillas to biofuel was certainly one cause of skyrocketing prices, though speculation on biofuel demand by transnational middlemen may have played a bigger role.
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Thursday, February 21, 2008
Capitalism in an Apocalyptic Mood
Skyrocketing oil prices, a falling dollar, and collapsing financial markets are the key ingredients in an economic brew that could end up in more than just an ordinary recession. The falling dollar and rising oil prices have been rattling the global economy for sometime. But it is the dramatic implosion of financial markets that is driving the financial elite to panic.
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Saturday, May 05, 2007
The World Social Forum at the Crossroads
A new stage in the evolution of the global justice movement was reached with the inauguration of the World Social Forum (WSF) in Porto Alegre, Brazil, in January 2001.The WSF was the brainchild of social movements loosely associated with the Workers' Party (PT) in Brazil. Strong support for the idea was given at an early stage by the ATTAC movement in France, key figures of which were connected with the newspaper Le Monde Diplomatique.
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