background preloader


Facebook Twitter

Pfizer and America’s Corporate Exodus. The biggest corporate deal of 2015 was also, in the view of many, the shadiest: Pfizer’s $160-billion merger with the Irish drug company Allergan.

Pfizer and America’s Corporate Exodus

It’s a “tax inversion”—Pfizer will in effect be reconstituting itself as an Irish company, in order to lower its taxes—and that’s why so many people found it so offensive. Hillary Clinton said that ending inversions wasn’t just about fairness but about “patriotism”; Donald Trump called the deal “disgusting.” It’s got to make you wonder when even Trump finds your moneymaking schemes repugnant. Meanwhile, the inversion train seems only to be picking up speed.

Such deals were once exceedingly rare—according to the Congressional Research Service, there was just one in the nineteen-eighties—but there have been more than fifty in the past decade, most since 2009. To be sure, the U.S. system has an important provision called deferral—American companies don’t have to pay taxes on their foreign profits until they bring them back to the U.S. Hans and Ola Rosling: How not to be ignorant about the world. Tsarnaev Prosecution Employed Flawed Theory. Two years after planting bombs at the Boston Marathon that killed three people, a federal jury found Dzokhar Tsarnaev guilty on all 30 counts against him.

Tsarnaev Prosecution Employed Flawed Theory

Now the trial goes to the sentencing phase, in which jurors will decide whether to impose the death penalty. To bolster their case against Tsarnaev, 21, prosecutors portrayed him as a textbook case of religious radicalization. Prosecutors say he listened to jihadist-inspired music and watched videos of Anwar al-Awlaki, a radical cleric who was killed in a 2011 drone strike in Yemen. They point to messages Tsarnaev wrote on a boat where he hid from law enforcement, including “We Muslims are one body, you hurt one you hurt us all.” What is fundamentalism? The spectre of "fundamentalism" is haunting Europe.

What is fundamentalism?

In every faith-tinged controversy, from the Danish cartoons to the French hijab, from British multiculturalism to Dutch language-rules, the word and the idea are wielded with vigour – though often without discrimination. Perhaps it is time to step back from such immediate arguments and ask what fundamentalism (particularly religious fundamentalism) is. At first sight it may seem evident that fundamentalism amounts to little more than a militant form of piety that leads to a rebellion against modern secularism.

But as Malise Ruthven explores in his study of the topic (which traces the first use of the term to evangelical Christians in the United States in the 1920s), and as several openDemocracy writers (Gilles Kepel, Faisal Devji, Fred Halliday, and Sami Zubaida among them) point out, religious fundamentalisms are a very "modern" phenomenon. Each fundamentalism inhabits "its own" universe. What ISIS Really Wants. What is the Islamic State?

What ISIS Really Wants

Where did it come from, and what are its intentions? The Battle for God. Globalization. Globalization is the connection of different parts of the world.


Globalization results in the expansion of international cultural, economic, and political activities. As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more similar. Globalization in History Globalization has a long history. Ancient Greek culture, for instance, spread across much of southwestern Asia, northern Africa, and southern Europe. Progress definition, meaning - what is progress in the British English Dictionary. What Is Modernity? Where does Africa fit in the globalization puzzle? — June 2009.

Where does Africa fit in the globalization puzzle?

Globalization. Maajid Nawaz: A global culture to fight extremism. Have you ever wonderedwhy extremism seems to have been on the rise in Muslim-majority countriesover the course of the last decade?

Maajid Nawaz: A global culture to fight extremism

Have you ever wonderedhow such a situation can be turned around? Have you ever looked at the Arab uprisingsand thought, "How could we have predicted that? "or "How could we have better prepared for that? "Well my personal story, my personal journey,what brings me to the TED stage here today,is a demonstration of exactly what's been happeningin Muslim-majority countriesover the course of the last decades, at least, and beyond.I want to share some of that story with you,but also some of my ideas around changeand the role of social movements in creating changein Muslim-majority societies.

But I believe nowthat we're moving into a new age,and that age The New York Times dubbed recentlyas "the age of behavior. " Where does that leave democracy aspirants? So why are they succeeding? Now to conclude, how does that happen? And my time is up, and thank you for your time. Market Fundamentalism: A review of Joseph Stiglitz's Globalization and Its Discontents - Council on Foreign Relations. Economists are the oracles of our age, bestowing their wisdom on a world confronted with the dizzying choices of globalization.

Market Fundamentalism: A review of Joseph Stiglitz's Globalization and Its Discontents - Council on Foreign Relations

Throughout the 1990s, they were everywhere: Markets would tremble at the slightest catch in Alan Greenspan's voice; teams from the International Monetary Fund would fly into poor countries to revamp their economies; and finance ministers would appear on television as often as prime ministers. Paddy Ashdown: The global power shift. Globalization.