In this edition of Telos we have asked distinguished contributors to offer articles inspired from the "annus mirabilis" of 1989 and linked to their own personal and professional experiences.Salvino Busuttil examines the recent credit crunch in the perspective of Marx's vision of the end of capitalism. Janos Bogardi recounts his escape from Hungary into the West and the significance of 1989 to him. Jean-Pierre Massué explains the changes in East-West technological cooperation in the build-up to 1989 and its aftermath. Giovanni Bonello relates his experiences at the European Court of Human Rights following the ratification of the European Convention on Human Rights by nearly all the Eastern Block. Awni Behnam takes a look at the changes in UNCTAD and at reinvesting in international institutions. Finally, Karol Vasak analyses the changes in Central and Eastern Europe post-1989 and underlines the importance of not forgetting the memory of the past.