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21st Century Socialism on the Move — Reflections on “The Path for Human Development”
Within an otherwise bleak reality of capitalist crisis, Mike Lebowitz has provided us with an eloquent restatement of the case for socialism — The Path for Human Development: Capitalism or Socialism? This short text is now circulating widely in Venezuela, in Spanish, as a pocket-sized pamphlet, has been published in Monthly Review, and is […]
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Patterns of Adjustment in the Age of Finance: The Case of Turkey as a Peripheral Agent of Neoliberal Globalization
Abstract Following the 2000-01 crisis, Turkey implemented an orthodox strategy of raising interest rates and maintaining an overvalued exchange rate. But, contrary to the traditional stabilization packages that aim to increase interest rates to constrain domestic demand, the new orthodoxy aimed at maintaining high interest rates to attract speculative foreign capital. The end result was […]
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Not a Word About the Blockade
The U.S. administration announced through CNN that Obama would be visiting Mexico this week, in the first part of a trip that will take him to Port of Spain, Trinidad and Tobago, where he will be within four days taking part in the Summit of the Americas. He has announced the relief of some hateful restrictions imposed by Bush on Cubans living in the United States regarding their visits to relatives in Cuba. When questions were raised on whether such prerogatives extended to other American citizens the response was that the latter were not authorized.
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Cuba: Economic Restructuring, Recent Trends and Major Challenges*
Abstract The collapse of the European socialist block at the end of the 1980s caused a deep crisis in the Cuban economy. One of the distinctive features of the process of adjustment and reform of the Cuban economy carried out by the government was that even during the worst period of the crisis, the Revolution’s […]
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Israel’s Military Threat against Iran Is a Bluff That Keeps Giving
In an interview with Jeffrey Goldberg of the Atlantic, incoming Israeli Prime Minister Benjamin Netanyahu claimed to have told President Barack Obama that either America stops Iran or Israel will. Not surprisingly, the interview sparked quite a controversy, and only a day later, General David Petraeus told the Senate Armed Services Committee that “the Israeli […]
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Saviors and Survivors
Mahmood Mamdani’s Saviors and Survivors: Darfur, Politics, and the War on Terror is the most ambitious book yet on the Darfur crisis. Unlike the vast majority of other writing on the crisis, which is political science, human rights, or ethnographic narrative, specific to the Darfurian or the Sudanese situation, Mamdani places Darfur in deep and […]
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The Sugar Curtain: Chronicle of Generational Disillusionment
El telón de azúcar (The Sugar Curtain) was the winner of the Premio Coral for the best documentary at the 29th International Festival of New Latin American Cinema in Havana in 2007. — Ed. In The Sugar Curtain, the Paradise of the Cuban Revolution Is Put in Crisis The daughter of a Chilean documentary […]
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Turkey and the Obama Visit: “He Gave Me Water!”
Obama did what was expected, dispensing good luck charms for all. What he left behind is a state of delirium, a la the Hunchback of Notre Dame: “He gave me water.” Even though some of Obama’s gestures during the visit — such as Obama reminding the young people he was chatting with of the […]
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Eduardo Galeano: The Open Eyes of Latin America
Very few writers maintain total indifference toward the ethics of their work. Those who have thought that in the practice of literature it is possible to separate ethics from aesthetics, however, are not so few. Jorge Luis Borges, not without mastery, practiced a kind of politics of aesthetic neutrality, perhaps convinced of its possibility. Thus, […]
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Venezuela: The Coup of 11 April 2002, in Images
VTV’s “La Hojilla” program’s production team republished the images of the coup d’état of 11 April 2002, which kidnapped President Hugo Chávez and trampled on the Constitution and the rights of the Venezuelan people for 48 hours. After seven years, now that justice is beginning to be done in the cases of the massacre […]
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News about Chavez and Evo
Yesterday, Thursday 9, our attention was focused on the tense situation in Bolivia…
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A “People First” Strategy: Credit Cannot Flow When There Are No Creditworthy Borrowers or Profitable Projects
In 1930, John Maynard Keynes wrote: “The world has been slow to realise that we are living this year in the shadow of one of the greatest economic catastrophes of modern history.” Today, as then, we are in the shadow of catastrophe. Today, as then, our thinking is slow. We need to come to grips […]
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Which Side Are You On? Hakenmura and the Working Poor as a Tipping Point in Japanese Labor Politics
This article analyzes one of Japan’s most widely reported labor stories in recent years. The unusual degree of national attention given to this incident is evidence that the labor question has become a central issue in Japanese politics.1 It also offers insight into critical shifts in the landscape of both labor politics and labor […]
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Deconstructing Labor: What Is “New” in Contemporary Capitalism and Economic Policies: a Marxian-Kaleckian Perspective
Paper presented at the Congrès Marx International V, Paris-Sorbonne et Nanterre, October 2007 1. Introduction About a decade ago the radical left, both in Italy and elsewhere in Europe, had been gripped by an understanding of contemporary capitalism as based on a three-pronged tendency: ‘globalization’ as an already accomplished state, the ‘end of labor’ due […]
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The Meeting with Barbara Lee and Other Members of the Black Caucus
The morning was stormy, damp and cold. Strong winds were blowing and the sky was dark. This was no spring day, not warm.
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China’s Way Forward? Historical and Contemporary Perspectives on Hegemony and the World Economy in Crisis
2008 — Annus Horribilis for the world economy — produced successive food, energy, and financial crises, initially devastating particularly the global poor, but quickly extending to the commanding heights of the US and core economies and ushering in the sharpest downturn since the 1930s depression. As all nations strive to respond to the financial […]
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G20 and Inter-capitalist Conflicts
In the Financial Times of March 31st, Martin Wolf set down a straightforward criterion to evaluate the outcomes of the G20 meeting in London. Will they decide, he asked, to put forward a plan to shift world demand from the countries with a balance of payments deficit to those with a surplus? The underlying reasoning […]
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The Seven Members of Congress Who Are Visiting Us
An important US political delegation is visiting us right now. Its members belong to the Congressional Black Caucus (CBC) which, in practice, has worked as the most progressive wing within the Democrat Party.
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Scholars around the World Express Concerns about Current Crisis in Northeast Asia
Despite some hopeful signs in the last two years, the Korean peninsula is again teetering toward crisis. The Six Party Talks are stymied. Progress toward normalizing relations between the United States and North Korea has stalled. Relations between the two Koreas have deteriorated. In this context, North Korea’s rocket launch this week and the overreaction […]
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Gringo: Reviewing a North American Anti-imperialist Student’s Experience of Latin America
Chesa Boudin, Gringo: A Coming of Age in Latin America, 240 pages, Scribner (April 2009). Chesa Boudin’s South American travel memoir and coming of age story Gringo is good and useful on several levels. It’s a poetically personal On the Road for a new generation and a vivid primer in the human cost of […]