Geography Archives: Latin America

The current turmoil in financial markets around the world is another illustration of the damage that can be done by a bloated and politically powerful financial sector, combined with finance ministers and central bankers who identify with this sector and have their own right-wing policy agenda. Welcome to Europe, which has become the epicenter of […]

The efforts of Brazil and Turkey to find a negotiated solution to the standoff over Iran’s nuclear program, which generated a negotiated agreement with Iran last week, must be seen in the context of a growing challenge to the international political order. That political order has been dominated by the United States, with Europe as […]

Until recently, the discussion on global imbalances focused on the current account deficit of the US and the current account surplus of China, making this a bilateral rather than a multilateral problem.  As a result, the process of rebalancing was seen as involving adjustments in either or both of these countries, and not so much […]

  The Fourth Strini Moodley Annual Memorial Lecture, University of KwaZulu-Natal, 13 May 2010 I In her historical novel, A Place of Greater Safety, which is played out against the backdrop of the Great French Revolution through an illuminating character analysis and synthesis of three of that revolution’s most prominent personalities, viz., Maximilien Robespierre, Georges […]

Earlier this month, as the US loudly complained about Venezuela’s decision to purchase arms from Russia, South America’s ministers of defense came together in Guayaquil, Ecuador and put the finishing touches on an agreement to develop common mechanisms of transparency in defense policy and spending.  The agreement, which also calls for the creation of a […]

Brazil’s Ascent under Lula’s Leadership Under the leadership of Luiz Inácio Lula da Silva, Brazil has become a regional leader in Latin America with vibrant international foreign policy.  A look at the internal political dynamics of Brazil would be useful also.  During President Lula’s presidency, Brazil has had tremendous economic growth.  But in the coming […]

As of today the idea that Greece might be better off leaving the Euro and renegotiating its debt is considered by many to be unthinkable.  Instead, the country is embarking upon a program of “internal devaluation” — in which it keeps the Euro and lowers its real exchange rate by creating enough unemployment to drive […]

Markets can be irrational, as Keynes famously pointed out, and the Eurozone/Greek crisis is a classic example.  “The markets” for months have been demanding more blood from Greece, as the financial press has continuously and often unquestioningly reported: more commitment to spending cuts, tax increases, and “procyclical” policies that the bondholders, EU authorities, and the […]

The tremendous success of the April 19-22 World Peoples Summit on Climate Change and Mother Earth Rights held in Cochabamba, Bolivia, has confirmed the well-deserved role of its initiator — Bolivian President Evo Morales — as one of the world’s leading environmental advocates. Since being elected the country’s first indigenous president in 2005, Morales has […]

Communism in the rest of the world seems to have collapsed.  What hope do you have of achieving a socialist state in India? The claim that there is no hope for socialism and communism, that they are dead, is mere propaganda unleashed by the imperialists and the apologists of capitalism.  The 20th century saw the […]

While the world media was focused on a boring battle between the Tories and their New Labour cousins in Britain, a historic struggle was underway in Nepal.  Nine months after the victory of the Maoists in the 2008 constituent assembly (CA) elections, bourgeois forces, with support from the Indian government, succeeded in forcing them out […]

Perhaps the wild swings in financial and stock markets over the last week will make people give closer scrutiny to what is going on in Europe, which would be a good thing for the world.  According to most news reporting, markets are worried about a potential default by Greece on its sovereign debt, and the […]

  Mixing Different Things “Perestroika,” Graphic and Video Installation, 11th International Istanbul Biennial, 2009 The editorial and exhibition policy of Chto Delat is often accused of inconsistency, of lacking a clear “party line.”  What is important for us today is to arrive at a method that would enable us to mix quite different things — […]

With Venezuela’s economy having contracted last year (as did the vast majority of economies in the Western Hemisphere), the economy suffering from electricity shortages, and the value of domestic currency having recently fallen sharply in the parallel market, stories of Venezuela’s economic ruin are again making headlines. The Washington Post, in a news article that […]

The Rachel Corrie Foundation andBreak the Silence Mural Project co‐presentThe Mural Speaks Come celebrate the completion of this dynamic, interactive mural at a free event at 6:00 p.m., Saturday, May 8 at the Labor Temple building, corner of State and Capitol, downtown Olympia.  The Mural Speaks event is more than a mural commemoration; it’s a […]

Brazil’s President, Luiz Inacio Lula da Silva, will travel to Iran this weekend, ostensibly to attend the G-15 summit meeting that opens in Tehran on Monday.  But Lula’s trip is attracting enormous international attention because the Brazilian leader will use his visit to try, in collaboration with Turkey’s Prime Minister, Recep Tayyip Erdoğan, to broker […]

As I have noted previously, Latvia has experienced the worst two-year economic downturn on record, losing more than 25 percent of GDP.  It is projected to shrink further during the first half of this year, before beginning a slow recovery, in which the International Monetary Fund (IMF) projects that it will not reach even its […]

  Solidair/Solidaire, the weekly journal of the Workers Party of Belgium (PVDA-PTB), interviewed John Bellamy Foster, editor of Monthly Review, 26 April 2010 Solidair/Solidaire: Many green thinkers reject a Marxist analysis because they think that the Marxist approach to the economy is a very productivist one, focused on growth and seeing nature as “a free […]

I attended the alternative Climate Conference in the Bolivian city of Cochabamba as part of an eight-person Quebec activist delegation.  I came back convinced that we witnessed a turning point in the global Climate Justice movement. Up to now it has been very difficult to link environmental demands to social justice issues.  The mainstream ecological […]

  Paul Jay: So there’s a lot of talk about the growth and expansion in India and China, and especially India these days.  We’re hearing again about the Indian miracle.  Whose miracle is it, anyway?  And is it such? Jayati Ghosh: No, it’s not actually a miracle.  First of all, let me clarify.  India and […]