MEDIA:  Time for a Global Glasnost, Says Gorbachev
By Sabina Zaccaro

VENICE, Oct 14 (IPS) - Former Soviet president Mikhail Gorbachev has
warned against the danger of letting the global financial crisis and
other emergencies overshadow media attention on climate change.

"This financial turmoil, which will heavily affect the real economy,
was absolutely predictable, and it is only one aspect of the wider
crisis of all the current development systems," Gorbachev, former
president of the former Soviet Union and the 1990 Nobel Peace
laureate told IPS in an interview. "In fact, there are connected
simultaneous crises that are rapidly emerging. These relate to
energy, water, food, demography, climate change and the ecosystem
devastation."

The idea of unlimited growth has proven to be illusory because the
resources of the earth are restricted, and they are running out, he
says. "There are two ways of addressing the issue: making no mention
of the truth and postpone unpopular decisions, or start telling
people the truth and work together for change, while we are still in time.
FULL: http://www.ipsnews.net/news.asp?idnews=44256 
====================================================================
JOSEPH STIGLITZ wrote
No modern economy can function well without the government playing an 
important role. Even free marketeers are now turning to the government. 
But would it not have been better to have taken action to prevent this 
meltdown? This is a new kind of public-private partnership - the 
financial sector walked off with the profits, the public was left with 
the losses. We need a new balance between market and government.





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