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Monthly Review Magazine

Who Will Allow Brazil to Reach Its Economic Potential?

The biggest economic question facing Brazil, as for most developing countries, is when it will achieve its potential economic growth.  For Brazil, there is a simple, most relevant comparison: its pre-1980 — or pre-neoliberal — past. From 1960-1980, income per person — the most basic measure that economists have of economic progress — in Brazil […]

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Karzai and Zardari

Uncle Sam tries to batter down the door to the Taliban stronghold . . . by banging the heads of Karzai and Zardari, not his own, against it. Fahd Bahady is a Syrian cartoonist.  This cartoon was published in his blog on 24 August 2010; it is reproduced here for non-profit educational purposes.  The text […]

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The Tower: A Songspiel

“Our city will be the Dubai of the North.  Just think about it.  We were the Venice of the North, but we’ll become the Dubai of the North.  We have to keep in step with the times.  The first step is the Gazprom Tower.” Film Concept: Dmitry Vilensky and Olga Egorova (Tsaplya).  Director: Tsaplya.  Screenplay: […]

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Remittances, Migration, and Other Panaceas: The End of Outward-looking Development Strategies?

  In a 1965 essay, the great development economist Albert Hirschman bemoaned the tendency of those in his profession to look for the next panacea.  Unfortunately, various panaceas have come in and out of fashion since Hirschman wrote. During three decades of neo-liberalism, development economists and policymakers have celebrated three inter-related strategies: (1) free markets, […]

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The Parent Company Trap

Fox News accuses the Kingdom Foundation, which has funded (State Department-approved) Imam Feisal “I-Am-a-Supporter-of-the-State-of-Israel” Abdul Rauf of the Cordoba Initiative (dubbed “Ground Zero Mosque” and even “Terror Mosque” by the nutty Right) in the past, of also funding “radical madrasas all over the world.”  But it fails to mention that the Kingdom Foundation is a […]

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Photos, Representation, and the “Banality of Oppression”

“The peace movement, sexist as it was, expressed disenchantment with violence, super-technology and imperialism.” — Adrienne Rich, Of Woman Born; Motherhood as Experience and Institution Pictures of former Israeli soldier Eden Abargil posing in front of blindfolded and handcuffed Palestinian prisoners have caused some controversies in the media.  Abargil did not think she had done […]

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Whose Recovery?  What Double Dip?

Is there an economic recovery underway?  Was there one that has now stopped?  Will our current recession, partly recovered from, now tumble downward again in a second or “double” dip?  Mainstream politicians, journalists, and academics are engaged in hot and heavy debates about recoveries and double dips.  Yet the economic reality for most Americans is […]

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The Sacred Cow

The early years of the Left Front government in West Bengal in the late seventies had been marked by severe power cuts in Calcutta (as it then was) and elsewhere in the state.  One evening as “load-shedding” began, a little urchin in a slum neighbouring a high-rise jumped up and down clapping his hands, shouting: […]

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Hormel Strike a Key Event in Nation’s Labor History

From the late summer of 1985 into the early spring of 1986, the small town of Austin, Minnesota, figured prominently in the national news.  The dramatic themes and issues, twists and turns, of a labor conflict there captured the national imagination.  This interest was not merely passive, as more than thirty support committees formed across […]

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