Geography Archives: South Korea

  • Obama Plays Medvedev against Putin and Iran

    “Medvedev-watching” graduated from pure science to applied science during the four-day visit by Russian President Dmitry Medvedev to New York and Pittsburgh last week. The Western perception that the famous Prime Minister Vladimir Putin-Medvedev “tandem” in Moscow would inevitably transform and the Russian president would incrementally create his own power center in the Kremlin received […]

  • Myths about the U.S. Economic Model

    The Great Recession is allowing some widely held beliefs about the U.S. economy — which were the source of much evangelism over the last few decades — to run up against a reality check.  This is to be expected, since the United States has been the epicenter of the storm of policy blunders that caused […]

  • Petroleum and Energy Policy in Iran

      Iran, a major oil producing and exporting country, also imports gasoline because of inadequate refining capacity and rising petrol consumption.  This article examines the problems faced by an economy dependent on the export of crude oil and gas that are compounded by the dilemmas of rising domestic consumption, a significant decline in productive capacity, […]

  • The End of Chimerica?

    Like the star gazers who last week watched the longest total solar eclipse of the 21st century, diplomatic observers had a field day watching the penumbra of big power politics involving the United States, Russia and China, which constitutes one of the crucial phenomena of 21st-century world politics. It all began with United States Vice […]

  • Iran’s “Leftist” Don Quixotes

      In the 1970s, when Iran’s Fedayeen and Mojahedin1 groups were engaged in an urban guerrilla struggle against the former Shah’s dictatorial regime, a faction of the Iranian Student Association (ISA) in the United States called Ehyaa2 had managed to convince some in the US Left, in particular America’s Revolutionary Communist Party (RCP), that a […]

  • North Korea: “Sanity” at the Brink

    Nations that chart a self-defining course, seeking to use their land, labor, natural resources, and markets as they see fit, free from the smothering embrace of the US corporate global order, frequently become a target of defamation.  Their leaders often have their moral sanity called into question by US officials and US media, as has […]

  • Workers Creating Hope: Factory Occupations and Self-Management

    Introduction In most countries, political leaders and bosses are using the global economic crisis to once again unleash an attack on workers and the poor.  As part of this, we have seen corporations around the world trying to make workers pay for the crisis by retrenching tens of millions of people.  In the most extreme […]

  • Indonesia: Tough Times for Returning Labor Migrants

    JAKARTA, 14 May 2009 (IRIN) — For Risti Ariyani, the dream of working abroad and helping her family is over. Her contract with a computer components factory in Malaysia was abruptly cancelled because of the global financial crisis, leaving her no choice but to return home to Central Jaffa Province. “My family was counting on […]

  • Africa: Tractored Out by “Land Grabs”?

    JOHANNESBURG, 11 May 2009 (IRIN) — Rich countries and firms are leasing or buying massive tracts of land in developing nations for the production of food or biofuel.  An area equivalent to Germany’s farmed land is at stake, and tens of billions of dollars on offer.  On the plus side, agro-industrial production could develop underused […]

  • Security Council Condemnation of North Korean “UFO” Deepens Korean Crisis

    On 13 April (14 April East Asian time), Claude Heller, the Mexican president of the United Nations Security Council read a “Statement” on behalf of the Council.  He condemned North Korea for something described as a “launch” it had conducted on 5 April, demanded it desist from any further such act, reaffirmed the principles of […]

  • 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 […]

  • 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 […]

  • 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 […]

  • The G20 and the HIRCs

      A group of seven highly indebted rich countries (HIRC) of the world have organized a meeting of twenty nations in London in order to discuss the future of the world’s finances.  They have invited some creditors among developing countries such as Brazil, Argentina, Mexico, some Arab countries, China, and India, leaving aside all the […]

  • Interview with Eric Toussaint

    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 […]

  • Where Are Iran’s Working Women?

    See, also, Hajir Palaschi, “Interview with Shahla Lahiji on Women’s Presence in the Labor Market: No Vocation Must Be Prohibited for Women,” Trans. Yoshie Furuhashi, MRZine, 18 February 2008. The Iranian Revolution and its aftermath have generated many debates, one of which pertains to the effects on women’s labor force participation and employment patterns.  For […]

  • Iran: Poverty and Inequality since the Revolution

    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 […]

  • How Should Venezuela Face the Coming Recession?

      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.  […]

  • The Asian Face of the Global Recession

    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 […]

  • The Global Collapse: a Non-orthodox View

    This is the longer version of an essay by the author released by the British Broadcasting Corporation (BBC) on 6 February 2009. Week after week, we see the global economy contracting at a pace worse than predicted by the gloomiest analysts.  We are now, it is clear, in no ordinary recession but are headed for […]