Class of 2016: Start here

scratching-headThis for-credit graduate course is proposed as a collaborative learning process which combines the usual classroom sessions with a somewhat ambitious internet support platform, the goal of which is to explore the topic of Sustainable Development, Economy & Democracy with a class of graduate IMBA students of the Institut Supérieur de Gestion in Paris. The classes are conducted in a round table setting, with full computer and communications support for all participants. Students are required to participate in a selection of assignments in the two weeks prior to the actual seminar, and have one month to the day of the last class to prepare and submit  a term paper.

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Gender, Equity & Transport: A Self-Organized Peer Project

On the Gender, Equity and Transport Forum 2.0

fb india ladies at bus stop in rain

Origins, overview & supporting tools

MISSION STATEMENT: Addressing the difficulties that women face as the everyday reality of gender inequality in the transport sector. The program deals with specific problems in specific places, both in cities and in the very poor outlying areas in the Global South

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Greek Crisis: Why Greece’s Lenders Need to Suffer

These first excerpts from an excellent, thought-provoking analysis by Adam Davidson published in The New York Times Magazine on 28 July 2015 deserves the closest attention of anyone who wishes to have a balanced understanding of the events shaping what we call here the “Greek crisis”. (A misnomer if there ever were one since what it is really and so tragically if you take the time to think it through is “The European Crisis: A sad tale of  greed, incompetence and haste compounded by unbearable hubris”.)

Bond traders goldman SachsThere is definitive proof, for anyone willing to look, that Greece is not solely or even primarily responsible for its own financial crisis. The proof is not especially exciting: It is a single bond, with the identification code GR0133004177. But a consideration of this bond should end, permanently, any discussion of Greece’s crisis as a moral failing on the part of the Greeks.

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Greek Crisis: Selected international media coverage

greek crisis eading newspapersThe following listing provides links to selected references from international  sources of high quality and with quite different points of view. Access to these sources are, as might be expected, quite uneven.  About half of them require that you pay or subscribe to access full text of particles.  But over these last weeks we have done fairly well with these addresses, offering as they do some quite different perspectives on these unfolding events.

* The Guardian on Greece – http://www.theguardian.com/world/greece

* Der Spiegel on Greece – http://goo.gl/PgxiPs

* Le Monde on Grèce – http://www.lemonde.fr/crise-grecque/

* Financial Times on Greece – https://goo.gl/2lGPNu

* Krugman on Greece –  http://krugman.blogs.nytimes.com/?s=Greece

* The Economist on Greece –  http://goo.gl/LjGsf7

Other SDED coverage here: 

*  SDED on the Greek Crisishere.

*  SDED Facebook Coverage:  – here.

The Financial Attack on Greece: Where Do We Go From Here?

– by Michael Hudson,.Counterepunch.org. July 8, 2015

bankruptcyThe major financial problem tearing economies apart over the past century has stemmed more from official inter-governmental debt than with private-sector debt. That is why the global economy today faces a similar breakdown to the Depression years of 1929-31, when it became apparent that the volume of official inter-government debts could not be paid. The Versailles Treaty had imposed impossibly high reparations demands on Germany, and the United States imposed equally destructive requirements on the Allies to use their reparations receipts to pay back World War I arms debts to the U.S. Government.[1]

Legal procedures are well established to cope with corporate and personal bankruptcy. Courts write down personal and business debts either under “debtor in control” procedures or foreclosure, and creditors take a loss on loans that go bad. Personal bankruptcy permits individuals to make a fresh start with a Clean Slate.

It is much harder to write down debts owed to or guaranteed by governments. U.S. student loan debt cannot be written off, but remains a lingering burden to prevent graduates from earning enough take-home pay (after debt service and FICA Social Security tax withholding is taken out of their paychecks) to get married, start families and buy homes of their own. Only the banks get bailed out, now that they have become in effect the economy’s central planners.

Most of all, there is no legal framework for writing down debts owed to the IMF, the European Central Bank (ECB), or to European and American creditor governments. Since the 1960s entire nations have been subjected to austerity and economic shrinkage that makes it less and less possible to extricate themselves from debt. Governments are unforgiving, and the IMF and ECB act on behalf of banks and bondholders – and are ideologically captured by anti-labor, anti-government financial warriors.

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