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Neoliberalism

China Builds Global Alternative As US-Led Financial Order Decays

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

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?

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

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

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

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.

Five Years Ago In Nicaragua: A Coup Attempt Begins

In the first few months of 2018, Nicaragua hardly appeared to be a strong candidate for an attempted coup. Daniel Ortega’s government had an 80 per cent approval rating in a poll a few months earlier. There had been eight years of continuous economic growth, during which the country achieved 90 per cent food sovereignty and cut hunger by 40 per cent (according to the UN’s global hunger index). In the decade since Ortega had been re-elected to the presidency, his government had rebuilt public health and education services, repaved the country’s roads and established a reliable, virtually nationwide electricity supply, based largely on renewable sources. It was hardly surprising that the Sandinista government had increased its vote share in three successive elections.

Massive Anti-Government Protests Sweep Greece

On Feb. 28, 2023, two trains traveling along the same track collided in Greece, killing 57 people—many of them students in their teens and 20s returning home from university in Athens. The deaths of 11 workers in the crash sparked two 24-hour strikes from the railway unions, followed by demonstrations across the country that have lasted for weeks and mobilized tens of thousands of people. Workers blame the crash on a lack of properly functioning safety and communication systems, as well as severe understaffing and underfunding of the railways—all originating from “Troika” (EU, IMF, and ECB) structural adjustment imposed on Greece in the wake of the 2008 financial crisis.

El Alto Bolivia: A History Of Anti-Neoliberal Struggle

“El Alto on his feet, never on his knees!” is a slogan that reflects the combative character of the inhabitants of this indigenous Aymara city in Bolivia, which since 2003, has shaped the country’s history. This city led the uprising against the privatization of natural resources in 2003, and then the defense of democracy in the face of the 2019 coup. Both struggles resulted in numerous massacres against those of El Alto who stood up to defend the country. Located at more than 4,000 meters above sea level, it mostly comprises migrants from rural areas between La Paz and the Peruvian border.

Report From Lima, Perú

On December 7, 2022 a right-wing coup removed Perú’s President Pedro Castillo Terrones from power. The predominantly poor indigenous rural and Amazonian communities resoundingly and overwhelmingly voted for Castillo, rejecting outright the neoliberal regime installed by the previous governments. Violence not seen since the Alberto Fujimori dictatorship (1990-2000), has been led by the Peruvian Armed Forces, under orders of coup-leader Dina Boluarte, the Fujimorista Fuerza Popular Party, and other political factions. It’s been over 67 days since the parliamentary coup led by the right-wing forces of Fuerza Popular with their puppet Dina Boluarte, now commonly referred to as “usurper assassin,” at the helm.

Ecuador: The Crumbling Of Another Neo-liberal Restoration Project

Last Sunday, regional elections were held in Ecuador. Thirteen million people were called to elect 5,700 (governors, mayors, counselors, and parish board members) and the seven Council of Citizen Participation and Social Control (Citizen Council or CPCCS)’s counselors and their substitutes. In addition, the executive led by Guillermo Lasso submitted eight Constitutional Referendum questions, which were grouped into three topics: security, environment, and the country’s political work. The process took place amid an economic crisis, the highest insecurity levels in the last 30 years, and a president’s approval rate that barely reaches 20%. All these elements played against this neoliberal administration’s odds, although the crushing defeat suggests a much deeper cause beyond the current situation.

Universities Submit To Neoliberalism And Fascism

We are witnessing the rise of a unique brand of U.S. fascism, which has once again reared its ugly head and has made higher education one of its primary targets. This fascist attack on the university is made possible by the longstanding neoliberal withering of its institutions, which now rely mostly on underpaid contingent workers. The disempowerment of university labor runs hand-in-hand with a right-wing ideological front — rooted in rampant anti-intellectualism and rugged individualism — which seeks to control what knowledge universities can produce and teach. In order to counter this attack on higher education, faculty unions must scale up their organizing efforts against neoliberalism and the rising tide of fascism. It is not surprising that former President Donald Trump accused universities of “radical left indoctrination.”

The Abuse Of The Concept Of ‘Populism’

All regimes based on class antagonism require a discourse to legitimise class oppression and this discourse in turn requires a vocabulary of its own. The neoliberal regime too has developed its own discourse and vocabulary and a key concept in this vocabulary is “populism”. This concept is given great currency by the media, which is peopled by members drawn from the upper middle class who have been major beneficiaries of the neo-liberal regime and have therefore developed a vested interest in its continuation. So pervasive is the reach of this concept that even well-meaning and progressive members of the literati have fallen victim to its abuse and employ the term with the pejorative connotation typically imparted to it by the corporate-owned media. The term “populism” of course is not an invention of the neo-liberal intelligentsia.

Brazil’s President Lula Is Back – And Bolsonaro Fled To Florida

Lula da Silva has returned as president of Brazil, the world’s sixth-most populous country. This will cause a major geopolitical shift. Meanwhile, far-right former leader Jair Bolsonaro fled to Florida, fearing legal consequences for his corruption. Multipolarista spoke with Brazil-based journalist Brian Mier about what Lula’s third government means for Latin America and the world. In his speech before the congress at his January 1 inauguration, Lula he stressed that everyone has the “right to a dignified life, without hunger, with access to employment, health, education.” He said his “life mission” is to guarantee that every Brazilian has three meals a day. As president, Lula said he is a “representative of the working class” who “promotes economic growth in a sustainable way and to the benefit of all, especially those most in need.” He committed himself to the “widest social participation, including workers and the poorest in the budget.”

Brazil Gets Ready For Lula´s Return

January 1 will be a long-awaited day for Brazil’s progressive movement. On that day, Luis Inácio Lula Da Silva, once and future president, will officially replace the nefarious Latin American Trump, Jair Bolsonaro. With only a few days ahead, the country is already beginning to prepare for this historic day. Hundreds of thousands are expected to gather in the capital, Brasilia, to see the lion of the Latin American left sworn in. The event will take place to the rhythm of samba, the voices of renowned singers, including Pabllo Vittar — Brazil’s most famous drag queen and a favorite target of the defeated right. In October, three years after his release from prison, Lula won a historic presidential election against the fascist Bolsonaro, with close results.
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Due to the attacks on our fiscal sponsor, we were unable to raise funds online for nearly two years.  As the bills pile up, your help is needed now to cover the monthly costs of operating Popular Resistance.

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