Geography Archives: Latin America

  2009 started off badly.  The international economic crisis is the top priority of governments, companies, international organizations, and individuals preoccupied with having a roof to sleep under and food on the table. The situation has surprised almost everybody, albeit Cuba to a lesser degree.  Almost a decade ago, Comandante Fidel Castro warned that the […]

  Capitalism is going through its greatest crisis since the 1930s or before.  The banking system has been saved from meltdown (at least for the time being) only by extensive government intervention in the USA, Britain, and a number of other countries.  Stock markets all over the world have plummeted.  A long and deep recession […]

  Heading out from San Salvador to Chalatenango, the roads are covered with political propaganda from the ruling right-wing ARENA party.  In the lead up to the March 15 presidential elections in this small Central American country, all of the utility posts have been painted in the party’s colors of red, white, and blue.  Presidential […]

Over 3,000 Bolivian and Peruvian indigenous activists recently marched in El Alto in commemoration of the March 13th, 1781 siege of La Paz, Bolivia launched from El Alto by indigenous rebels Tupac Katari and Bartolina Sisa.  The siege was against Spanish rule and for indigenous liberation in the Andes.  At a gathering the night before […]

On the 15th of March, the Salvadoran people will go to the polling stations to choose their next president.  If the opinion surveys prove right, El Salvador will join the winds of change blowing across Latin America. In an interview aired by the Dimensión 550 program of YVKE Mundial, Deputy Nidia Díaz said that the […]

This Sunday, the Eighth of March, Assemble at Plaza O’Leary at 9 AM in Silence, to March toward Plaza Los Museos, the Location of the Cultural Festival We Are Marching to Open New Paths.  Big Marches Work Their Magic Because We Make the Path by Marching, Which Is the Legacy of the Collective Memory of […]

Interview with Eric Toussaint, President of the Committee for the Abolition of Third World Debt (CADTM), in Havana. Obama Picked People Who Brought You This Crisis as His Advisers What is your opinion of Team Obama? Toussaint: Obama picked the very people who are responsible for this economic fiasco.  Some hoped that Obama would appoint […]

After 17 years since the end of El Salvador’s civil war, the leftist Farabundo Martí National Liberation Front (FMLN) is poised to accomplish what its guerrilla predecessors never did: take over the national government.  Reliable polls unanimously project that FMLN candidate Mauricio Funes will win the March 15 presidential elections.  What all this means for […]

John Bellamy Foster is editor of Monthly Review and professor of sociology at the University of Oregon.  He is the coauthor with Fred Magdoff of The Great Financial Crisis: Causes and Consequences, recently published by Monthly Review Press. MW: Do you think that the American people have been misled into believing that the current financial […]

  How Should Venezuela Face the Coming Recession? Presently much of the industrialized world is in a severe economic recession.  The United States, Europe, and Japan are definitely in one and other important countries such as China are close to being in one. So far most South American countries have not entered into a recession.  […]

Thirty years ago, Ayatollah Khomeini proclaimed equity and social justice as the Revolution’s main objective.  His successor, Ayatollah Khamene’i, continues to refer to social justice as the Revolution’s defining theme.  Similarly, Presidents Khatami and Ahmadinejad, though they are from very different political persuasions, placed heavy emphasis on social justice in their political rhetoric.  Yet the […]

Delegates to the World Economic Forum at Davos this year came despondent and left in despair.  Both the discussions and the new evidence released at and during the Forum indicated that the global crisis was not just bad, but worse than originally anticipated.  One damaging projection came from the IMF in its January 2009 Update […]

It is true that banks are less leveraged, but the outflow of capital is intensifying.  Internationalized industry is hit by global overproduction, and lower prices of raw materials depress growth.  Moreover, attempts at stimulation collide with reduced resources from the central economies. Those who expect geopolitical benefits to follow from the crisis forget that the […]

John Gibler, Mexico Unconquered: Chronicles of Power and Revolt, 356 Pages, City Lights Publishers (January, 2009). Carlos Slim, the richest man in the world, calls Mexico home, as do millions of impoverished citizens.  From Spanish colonization to today’s state and corporate repression, Mexico Unconquered: Chronicles of Power and Revolt, by John Gibler, is written from […]

A delightful surprise awaited us as the 3rd phase of Digna Rabia (Dignified Rage) began on January 2nd.  Philosophers, writers, activist organizations, journalists, musicians, and the EZLN participated in panels, all addressing the general theme of Otro Mundo, otra política (Another world, another politics).  Several thousand packed the CIDECI auditorium to overflowing and managed to […]

There are, of course, other ways to “support and stimulate” the declining US economy: those that congressional debaters, presidential advisors, and the dutiful media never discuss.  All the Federal Reserve and the US Treasury ever do is justify their functions as lenders and spenders “of last resort” (when the private sector will not).  Neither ever […]

The text below is composed of short excerpts (abstract, introduction, conclusion) from Esteban Pérez Caldentey and Matías Vernengo, “Back to the Future: Latin America’s Current Development Strategy,” International Development Economics Associates Working Paper No. 07/2008. The full text of “Back to the Future” is available (in PDF) at <networkideas.org/working/dec2008/07_2008.pdf>. — Ed.

  ‘I didn’t know Che had any economic ideas’ has been a frequent reply I’ve received when telling people about the topic of my research and my book Che Guevara: The Economics of Revolution.   It reflects the caricature of Guevara as a romantic guerrilla fighter with idealist notions of how human beings are motivated […]

In those days when I, as an altar boy, used to walk in the humble church of Sabaneta, at the beginning of the stormy decade of the sixties of the last century, my spirit was first conquered by the blazing and whipping words of Jesus, Christ the Redeemer of the oppressed peoples. The Sermon on […]

  The Middle East has always been a difficult challenge for Western human rights organizations, particularly those seeking influence or funding in the United States.  The pressure to go soft on US allies is in some respects reminiscent of Washington’s special pleading for Latin American terror regimes in the 1970s and 1980s.  In the case […]