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Economics, Honduras, Military Coup, Neoliberal Economics, Obama, Barack »

4 Jul 2009 | No Comment

When Manuel Zelaya was elected president on November 27, 2005 in a close victory, he became president of one of the poorest nations in the region, with approximately 70% of its population of 7.5 million living under the poverty line. Though siding himself with the region’s left in recent years as a new member of the leftist trade bloc, Bolivarian Alternative for the Americas (ALBA), Zelaya did sign the Central American Free Trade Agreement in 2004. However, Zelaya has been criticizing and taking on the sweatshop and corporate media industry in his country, and increased the minimum wage by 60%. He said the increase, which angered the country’s elite but expanded his support among unions, would “force the business oligarchy to start paying what is fair.” (more…)

Democracy, Honduras, Media, Military Coup, Neoliberal Economics, New York Times, Propaganda »

4 Jul 2009 | No Comment

Mr. Zelaya, who took office in 2006, has moved steadily to the left during his presidency, railing increasingly against the country’s elite, who he says have opposed his politics of inclusion. Critics accuse Mr. Zelaya, who comes from a well-off family of landowners, of blatant populism and of doling out cash to try to solidify a shaky political base. (more…)

Bretton Woods, China, Chomsky, Noam, Clinton, Bill, Corporate Malfeasance, Democracy, Economic Regulation, Economics, Germany, Imperialism, International Monetary Fund (IMF), Japan, Keynes, John Maynard, Marxism, McCain, John, Media, Mexico, Militarism, NAFTA, NATO, Neoliberal Economics, New Deal, Nuremberg Trials, Obama, Barack, Reagan, Ronald, Roosevelt, Franklin D., The Great Depression, United States, WWII, Washington Consensus, World Bank »

4 Dec 2008 | No Comment

Assaf Kfoury: The economic crisis is felt acutely in the US, but has now spread to the entire world, even to countries (in South America, for example) that initially thought they would be spared. And the American presidential campaign and elections cannot but concern people everywhere, given the dominant role of the US globally. The simultaneous unfolding of the two — the crisis and the presidential campaign — has naturally elicited considerable discussion outside the US. In the Middle East, in particular, there has been a kind of speculation, perhaps wishful thinking, be it from the left or from the right. Some Arab commentators have speculated that an Obama administration will follow less aggressive policies. Some other Arab commentators want to see the economic crisis as the sign of an imminent American global decline, and warn pro-American governments and parties to stop doing the bidding of a doomed North American hegemon. What is your response to this kind of thinking? More generally, in relation to the Middle East, what direction is US policy likely to take with the coming Obama administration in the wake of the economic crisis?

Noam Chomsky: I think that US hegemony will continue to decline as the world becomes more diverse. That process has been underway for a long time. US power peaked at the end of World War II, when it had literally half the world’s wealth and incomparable military power and security. By 1970, its share of global wealth had declined by about half, and it has remained fairly stable since then. In some important respects, US domination has weakened. One important illustration is Latin America, Washington’s traditional “backyard.” For the first time since European colonization 500 years ago, South America is making significant progress towards integration and independence, and is also establishing South-South relations independent of the US, specifically with China, but elsewhere as well. That is a serious matter for US planners. As it was discussing the transcendent importance of destroying Chilean democracy in 1971, Nixon’s National Security Council warned that if the US cannot control Latin America, it cannot expect “to achieve a successful order elsewhere in the world” — that is, to control the rest of the world. Controlling Latin America has become far more difficult in recent years. (more…)

AIPAC, Afghanistan, Biden, Joe, Bush, George W., CIA, Clinton, Hillary, Cold War, Darfur, Emanuel, Rahm, Gates, Robert, Gulf War II, Iran, Iraq, Israel, Jones, James, McCain, John, Militarism, Neoconservatism, Neoliberal Economics, Obama, Barack, Pakistan, Pentagon, Rice, Susan, Rove, Karl, Rumsfeld, Donald, Sudan, US Foreign Policy, al-Qaeda »

3 Dec 2008 | No Comment

obama.jpgBarack Obama has assembled a team of rivals to implement his foreign policy. But while pundits and journalists speculate endlessly on the potential for drama with Hillary Clinton at the state department and Bill Clinton’s network of shady funders, the real rivalry that will play out goes virtually unmentioned. The main battles will not be between Obama’s staff, but rather against those who actually want a change in US foreign policy, not just a staff change in the war room.

When announcing his foreign policy team on Monday, Obama said: “I didn’t go around checking their voter registration.” That is a bit hard to believe, given the 63-question application to work in his White House. But Obama clearly did check their credentials, and the disturbing truth is that he liked what he saw.

The assembly of Hillary Clinton, Robert Gates, Susan Rice and Joe Biden is a kettle of hawks with a proven track record of support for the Iraq war, militaristic interventionism, neoliberal economic policies and a worldview consistent with the foreign policy arch that stretches from George HW Bush’s time in office to the present. (more…)

9/11, AIPAC, Afghanistan, Albright, Madeleine, Biden, Joe, Bush, George W., CIA, Cheney, Dick, Chomsky, Noam, Christopher, Warren, Clinton, Bill, Clinton, Hillary, Darfur, East Timor, Emanuel, Rahm, Extraordinary Rendition, Fox News, G-20, Gates, Robert, Genocide, Goodman, Amy, Great Britain, Gulf War I, Gulf War II, Haiti, Holbrooke, Richard, Hussein, Saddam, Imperialism, Indonesia, International Monetary Fund (IMF), Iran, Iran-Contra Scandal, Iraq, Israel, Israel Lobby, Jerusalem, Kissinger, Henry, Kosovo, Kurdistan, MI5, Military Occupation, NAFTA, NATO, Neoconservatism, Neoliberal Economics, North Korea, Nuclear Weapons, Obama, Barack, Pakistan, Palestine, Pentagon, Powell, Colin, Private Security, Ross, Dennis, Rumsfeld, Donald, Senate Foreign Relations Committee, Serbia, Sudan, Torture, US Congress, US Foreign Policy, United Nations, United States, Vietnam, War on Drugs, Weapons of Mass Destruction (WMD), Wolfowitz, Paul, World Bank, Yugoslavia, al-Qaeda »

21 Nov 2008 | One Comment

Barack ObamaU.S. policy is not about one individual, and no matter how much faith people place in President-elect Barack Obama, the policies he enacts will be fruit of a tree with many roots. Among them: his personal politics and views, the disastrous realities his administration will inherit, and, of course, unpredictable future crises. But the best immediate indicator of what an Obama administration might look like can be found in the people he surrounds himself with and who he appoints to his Cabinet. And, frankly, when it comes to foreign policy, it is not looking good.

Obama has a momentous opportunity to do what he repeatedly promised over the course of his campaign: bring actual change. But the more we learn about who Obama is considering for top positions in his administration, the more his inner circle resembles a staff reunion of President Bill Clinton’s White House. Although Obama brought some progressives on board early in his campaign, his foreign policy team is now dominated by the hawkish, old-guard Democrats of the 1990s. This has been particularly true since Hillary Clinton conceded defeat in the Democratic primary, freeing many of her top advisors to join Obama’s team.

"What happened to all this talk about change?" a member of the Clinton foreign policy team recently asked the Washington Post. "This isn’t lightly flavored with Clintons. This is all Clintons, all the time."
(more…)

Brazil, Capitalism, China, Economic Regulation, Economics, En Français, European Union, India, Latin America, Neoliberal Economics, United States, Yale University »

14 Oct 2008 | 2 Comments

Signataire du manifeste du Forum social de Porto Alegre (”Douze propositions pour un autre monde possible”), en 2005, vous êtes considéré comme l’un des inspirateurs du mouvement altermondialiste. Vous avez fondé et dirigé le Centre Fernand-Braudel pour l’étude de l’économie des systèmes historiques et des civilisations de l’université de l’Etat de New York, à Binghamton. Comment replacez-vous la crise économique et financière actuelle dans le “temps long” de l’histoire du capitalisme ? Immanuel Wallerstein : Fernand Braudel (1902-1985) distinguait le temps de la “longue durée”, qui voit se succéder dans l’histoire humaine des systèmes régissant les rapports de l’homme à son environnement matériel, et, à l’intérieur de ces phases, le temps des cycles longs conjoncturels, décrits par des économistes comme Nicolas Kondratieff (1982-1930) ou Joseph Schumpeter (1883-1950). Nous sommes aujourd’hui clairement dans une phase B d’un cycle de Kondratieff qui a commencé il y a trente à trente-cinq ans, après une phase A qui a été la plus longue (de 1945 à 1975) des cinq cents ans d’histoire du système capitaliste.

Dans une phase A, le profit est généré par la production matérielle, industrielle ou autre ; dans une phase B, le capitalisme doit, pour continuer à générer du profit, se financiariser et se réfugier dans la spéculation. Depuis plus de trente ans, les entreprises, les Etats et les ménages s’endettent, massivement. Nous sommes aujourd’hui dans la dernière partie d’une phase B de Kondratieff, lorsque le déclin virtuel devient réel, et que les bulles explosent les unes après les autres : les faillites se multiplient, la concentration du capital augmente, le chômage progresse, et l’économie connaît une situation de déflation réelle. (more…)