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The interview below was carried out by Argentinean newspaper Pagina 12 with Monthly Review editor and Marxist economist John Bellamy Foster. It was posted on on October 10, from which the version below is abridged. The full version is included as part of a wide-ranging collection of articles and videos on the financial crisis posted at socialist e-journal Links, .
鈥淭his strategy is designed to help pensioners, carers and families, and first home buyers鈥, declared Australia鈥檚 Labor Prime Minister Kevin Rudd in his October 14 address to the nation. Rudd was announcing a $10.4 billion 鈥渆conomic security strategy鈥 in response to the global financial crisis.
Young people today face an uncertain future. Watching the news on any channel at night is proof enough of this. The current crisis taking precedence on news broadcasts around the globe is of course the financial crisis.
Bolivian President Evo Morales has called for a national referendum on the country鈥檚 new draft constitution on December 7.
As stock markets crashed and a global credit squeeze threatened global economies, Latin American governments pushed ahead with plans for a new financial architecture, to replace the current bankrupt system.
The recent infant milk formula scandal in China, in which at least four babies have died and over 50,000 have become sick due to poisoning with the industrial chemical melamine, highlights the way capitalism cannot guarantee the health and well being of people 聴 particularly the most vulnerable.
Across 12 Melbourne suburbs, a groundswell of community outrage is growing against the proposal for a new road tunnel that will link the eastern and western suburbs.

Colombian President Alvaro Uribe declared a 90-day 鈥渟tate of emergency鈥 on October 9 to break up a six-week strike by the National Association of Judicial Employees (Asonal Judicial 鈥 AJ).

Melbourne residents who live in the Yarra, Maribyrnong and Moreland local council areas will be able to vote for socialist candidates in the council elections in November.
Bankers in Chicago are angry with Cook County Sheriff Tom Dart.
A police officer who is a key witness against Palm Island Aboriginal resident Lex Wotton has admitted at the trial that he lied during a previous investigation into senior sergeant Chris Hurley.
Ever since Andrew Johnson welcomed the New York Mutuals to the White House in 1867, presidential politics has exploited professional sports. It聮s a foolproof way for politicians to show voters they enjoy competition, fair play and are salt-of-the-turf Americans.