Neoliberalism

Niger And The ‘New World Order’

August 16, 2023 Patrick Lawrence, Scheer Post. Educate! Coups, neo-colonialism, Neoliberalism, Niger, West Africa

How shall we understand the July 26th coup in Niger, in which military officers ousted Mohamed Bazoum, the nation’s Western-tilted president? It is the sixth putsch of this kind in or next to the Sahel in the past four years. Shall we write off this band across sub–Saharan Africa as coup country and trouble no more about it? The thought is implicit in a lot of the media coverage, but how often do our media dedicate themselves to enhancing our understanding of global events and how often to cultivating our ignorance of them? Do not take this latest development in Africa as an isolated event, if I may offer a suggestion. Its significance lies in the larger context in which it has occurred—its global surround, so to say.

‘Progress Undone’: New Report Examines Ecuador’s Economy Since 2017

August 16, 2023 Center for Economic and Policy Research. Educate! Ecuador, International Monetary Fund, Neoliberalism, Poverty

Washington, DC — A new report from the Center for Economic and Policy Research examines key indicators for Ecuador’s economy and finds that significant gains of the 2007–2017 period have been erased by subsequent governments that returned to the International Monetary Fund and slashed spending. As a result, poverty and economic inequality have increased, as have crime, insecurity, and worsened health outcomes. “The data make it clear: things have gotten much worse in Ecuador since 2017, with the return to the IMF and to destructive austerity,” CEPR Co-Director Mark Weisbrot said.

How The Right Hijack Class Analysis

August 12, 2023 Ekaterina Cabylis, Orinoco Tribune. Strategize! Authoritarianism, Extreme Right, Fascist, Immigrants, Injustice, misinformation, Neoliberalism, Populism, Working Class, Xenophobia

The alt-right sometimes uses sneaky methods to promote their ideas without directly showing their extremist views. For example, people like Jordan Peterson may talk about controversial topics in a way that sounds academic and respectable. They might use coded language to appeal to certain groups without openly expressing extreme beliefs. They focus on divisive issues like gender pronouns and political correctness to get attention and draw people in. Some of them might act like they are being attacked or silenced, so they seem like defenders of free speech. They may also talk to or associate with groups linked to the alt-right, even if they don’t openly support extremist ideas.

Peoples Summit Against APEC

August 6, 2023 Jorden Wilkie, Workers World. Resist! APEC, Neoliberalism, Trade, Washington State

Seattle, WA - A delegation from Workers World Party branches in Seattle, Portland and New York City attended the People’s Summit Against APEC on July 29 and 30, put on by Pacific Northwest-People Over Profit. The Asia-Pacific Economic Cooperation (APEC) is a neoliberal, free-trade conference where “government and big business collude to prioritize corporate profits at the expense of the global working class and poor”. The People’s Summit had over 350 people in attendance and was sponsored by nearly two dozen groups. Organizers included Anakbayan USA, Bayan Seattle, Oregon People Organizing for Philippines Solidarity, International Women’s Alliance and more.

Why Capitalism Is Leaving The US In Search Of Profit

July 31, 2023 Richard D. Wolff, Counter Punch. Educate! Capitalism, Global Economy, Neoliberalism, Worker Roghts

Early U.S. capitalism was centered in New England. After some time, the pursuit of profit led many capitalists to leave that area and move production to New York and the mid-Atlantic states. Much of New England was left with abandoned factory buildings and depressed towns evident to this day. Eventually employers moved again, abandoning New York and the mid-Atlantic for the Midwest. The same story kept repeating as capitalism’s center relocated to the Far West, the South, and the Southwest. Descriptive terms like “Rust Belt,” “deindustrialization,” and “manufacturing desert” increasingly applied to ever more portions of U.S. capitalism.

Moncada: The Dawn Of The Cuban Revolution

July 28, 2023 José Ernesto Novaez Guerrero, People's Dispatch. Strategize! Cuba, History, Neoliberalism, Revolution

July 26, 2023 marks 70 years since the attack on the Moncada and Carlos Manuel de Céspedes barracks in eastern Cuba. The attack on Moncada is of fundamental importance in the history of Cuba. This is not only because of the military importance of the fortress — the second biggest after Columbia in Havana — but also because of the bloody repression carried out by the tyrannical regime, which took dozens of valuable lives from a generation that with its blood would change the destiny of the island. As a small tribute, it would be fitting to recall why the attack on Moncada was a turning point for the country.

Poverty In Britain: From Feudalism To Neoliberal Capitalism

July 27, 2023 Henry Heller, Canadian Dimension. Educate! Capitalism, Class Struggle, Europe, Feudalism, History, Neoliberalism, United Kingdom (UK)

The sixteenth century saw the beginnings of capitalism in England. The capitalist relation—employers buying labour and workers selling their labour power in exchange for wages—more and more became the norm looked upon by the upper classes as, among other things, the solution to the growing problem of poverty and vagabondage. Certainly charity was offered to the poor. But the poverty of the destitute was held to be their own fault. Therefore, accompanying such charity, a series of Tudor parliamentary statutes including the comprehensive Statute of Apprentices of 1563 forced those without property to find work rather than to remain idle.

A New Third World Debt Crisis? The Need For System Change

June 23, 2023 Radhika Desai, Michael Hudson and Anne Pettifor, Geopolitical Economy. Resistance Report Debt, Finance and the Economy, Global South, Inflation, Neoliberalism

Today we are joined by Anne Pettifor to discuss an urgent issue of our time, that of the third world debt crisis. As we record this, this is the topic of the Summit on New Global Financing Pact called by Emmanuel Macron in Paris. And we couldn’t find a more authoritative guest for this show. Anne Pettifor does not really need any introduction, and I’m only going to give one to remind ourselves of the range of her contributions. She’s a prolific writer on issues relating to debt, finance and development, and is also an activist and has intervened in politics to great effect.

Biden-McCarthy Deal: Neoliberal Fiscal Policy Continues

May 31, 2023 Jack Rasmus, LA Progressive. Educate! Debt Ceiling, Finance and the Economy, Joe Biden, Kevin McCarthy, Neoliberalism, Social Programs

Over the weekend, US House of Representatives speaker McCarthy and president Biden announced a tentative agreement on raising the debt ceiling. The deal—almost certain to pass Congress later this week—represents a typical Neoliberal fiscal policy deal. Ever since neoliberal capitalism policies were introduced under president Carter in the late 1970s, and subsequently expanded dramatically under Reagan, Neoliberal fiscal policy has been characterized by accelerating Pentagon and war spending; simultaneous cutting of business-investor taxes; acceptance of consequent escalating budget deficits—and in turn US national debt levels; and the use deficit/debt to cap and reduce social program spending.

China Builds Global Alternative As US-Led Financial Order Decays

May 28, 2023 Radhika Desai, Michael Hudson and Mick Dunford, Geopolitical Economy. Resistance Report China, Failed State, Neoliberalism, Socialism

In this episode, we would like to discuss the same thing, but in relation to the United States, China, and the rest of the world. So I’ll maybe just start us off on the US by essentially pointing out that, when people do take a critical view of what’s going on and look at the economic aspects of the war, the main thing they focus on is the arms industry and the profits being made by the arms industry. And there’s absolutely no doubt in my mind that American arms manufacturers, the military-industrial complex in the United States, is absolutely jubilant over this war. They are making profits hand over fist.

Ukraine’s Neoliberalism On Steroids, Europe’s Economic Suicide

May 17, 2023 Radhika Desai, Michael Hudson and Mick Dunford, Geopolitical Economy. Resistance Report Europe, Neoliberalism, Russia, Ukraine, Wars and Militarism

Political economists Radhika Desai, Michael Hudson, and Mick Dunford analyze the conflict in Ukraine, discussing the aggressive neoliberal reforms being imposed by the Ukrainian government and Europe’s suicidal policies.

Nicolas Maduro, Has He Become A Neoliberal?

May 1, 2023 Thierry Deronne, Chicago ALBA Solidarity . Educate! Bolivia, Media, Neoliberalism, Nicolas Maduro, Venezuela

In various sectors of the Venezuelan opposition, in the mainstream media or in the usual middle-class “political science trotskyist” circles, a new chant is circulating. The slow exit from the Western blockade is due to the fact that Nicolas Maduro has finally “embraced capitalism” or “taken a neoliberal turn”. For Alberto Barrera Tyszka of the New York Times (1), neoliberalism is even the economic arm of Maduro’s “dictatorship”. The “evidence” varies: from images of posh neighborhoods in Caracas with ostentatious stores, restaurants and luxury casinos, to job offers on digital platforms and the circulation of dollars in the economy. For the “Communist Party of Venezuela” (now in opposition and allied here and there with the right), “the low wages, the reduction of public spending and the so-called privatization attempts framed in the anti-blockade law are expressions of this neoliberalism that confirm Maduro’s distance from Chavismo.”

US Corporations Cash In On Ukraine’s Oil And Gas

April 28, 2023 Ben Norton, Geopolitical Economy. Resistance Report Chevron, ExxonMobil, Neoliberalism, Oil and Gas, Ukraine, Volodymyr Zelensky

US fossil fuel corporations like ExxonMobil, Chevron, and Halliburton are in discussions to take over the Eastern European nation’s oil and gas industry, as Kiev pushes to increase production to replace Russian energy exports. This comes after Ukraine’s Western-backed leader, Volodymyr Zelensky, virtually opened the New York Stock Exchange in September and announced that his country is “open for business”, pledging more than $400 billion in “public-private partnerships, privatization, and private ventures” for US companies. In an attempt to bring an end to the war, China has taken the lead in proposing peace talks. Brazil’s President Lula da Silva has done the same.

Much Lying From The International Monetary Fund

April 14, 2023 Vijay Prashad, Tricontinental: Institute For Social Research. Educate! Debt, Ghana, International Monetary Fund, Neoliberalism

Remarkably, during her visit to Ghana in late March 2023, US Vice President Kamala Harris announced that the US Treasury Department’s Office of Technical Assistance will ‘deploy a full-time resident advisor in 2023 to Accra to assist the Ministry of Finance in developing and executing medium- to long-term reforms needed to improve debt sustainability and support a competitive, dynamic government debt market’. Ghana certainly faces significant challenges in this arena, with its external debt standing at $36 billion and its debt to Gross Domestic Product ratio hovering over 100 percent.

Burying 200 Years Of The US Monroe Doctrine

April 13, 2023 Teri Mattson, WtF is Going on in Latin America and the Caribbean. Podcast – WTF is Going on in Latin America & the Caribbean Monroe Doctrine, Neoliberalism, US Imperialism, Venezuela

The Monroe Doctrine, first articulated by U.S. President James Monroe on December 2, 1823, is a United States foreign policy position that opposes European colonialism in the Western Hemisphere. It holds that any intervention in the political affairs of the Americas by foreign powers is a potentially hostile act against the United States. The doctrine was central to American foreign policy for much of the 19th and early 20th centuries. The doctrine remains in place today as a pillar of U.S. foreign policy towards Latin America and the Caribbean and no longer exclusively applies to European powers.

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