Archive | November, 2002

They who advocate and enforce the neoliberal agenda have now lost intellectually, morally, even in terms of their own beloved market test. The neoliberal policies of the last decades have failed to bring about economic growth and financial stability, to say nothing of meeting the test of justice or of addressing the social costs and wrong headed quality of the growth the existing system does produce. It is now clear to a great many people around the world that the neoliberal agenda is bankrupt. The World Bank and the academic defenders of the so-called Washington Consensus have stopped defending it as before. Suddenly the need for “reform,” which has up to now meant the imposition of the Washington Consensus, is applied by them to the Washington Consensus itself. Of course these “reforms” are mostly aimed at disarming critics. “Dialogue” and “partnership” are on offer only so they can better pursue their unchanged agenda of domination