Globalization is on the rocks. A corporate shipwreck lies behind the collapse of financial markets.

In this fascinating magazine, the most consistently perceptive critic of globalization - Walden Bello - explains deglobalization, an idea he first had a decade ago, and how it plays out at home in the Philippines where he's an elected member of Congress. He sets out an 11-point strategy for an alternative to neoliberal economics.

NOTE: You pay for only one magazine. This trial subscription will start with the special issue on the collapse of financial markets, plus you'll receive the following three issues free of charge, but there's no obligation to continue as a subscriber after that.
On another front, the transition towns movement - which was already well underway before corporate globalization crashed - offers "engaged optimism" that looks for positive solutions. The movement started as an exploration of how communities could build local resilience and reduce their carbon emissions. The global financial crisis has triggered a new range of interest, particularly in local town currencies. The Brixton Pound, for example, is accepted in over 120 local shops. It can only be used in Brixton.

Issue #430 of the New Internationalist magazine also includes:
- The Peoples' World Conference on Climate Change and Mother Earth's Rights, proposed by Bolivia's indigenous President, Evo Morales. He is also proposing the establishment of a Climate Justice Tribunal, as well as a global popular referendum that would tackle the root causes of climate change.

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