Recent riots in Bangladesh, Muslims and Buddhists. Argues Muslim anger is best directed towards supporting an ethical approach to human rights, development and globalization to replace neoliberalism because the many human rights omissions required by the latter are more likely to be the underlying cause of the conflict than any religious differences.
The motto "Too big to fail" frees the financial sector from all chains. In the future, the banks will not have to assume any liability for taking irrational risks. Instead they can commit fraud without limit-in a system that already leads us to the brink and creates millions of unemployed in Europe alone. Banks can pay out tax-subsidized bonuses.
One of the causes for the obvious helplessness of the governments is that they function as simple receivers of orders of the financial industry. The financial industry has no interest in a policy that would make it liable for its inflicted disaster.. The taxpayers have to pay for the consequences of enormous misguided speculations.
As the country commemorates the 40th anniversary of the declaration of Martial Law, the nation remembers the dark era of the dictatorship and honors the memory of those who fought to restore democracy. However, while the days of military rule are long gone, vestiges of its legacy have found its way to the present times. A case in point is the recently passed Cybercrime Prevention Law.