[Peace-discuss] Populist and protectionist policies, oh my!
unionyes
unionyes at ameritech.net
Mon May 25 10:51:17 CDT 2009
What is also mentioned in the article is how Latin America has remained
economically stable.
Proof positive that the economic policies of the democratic populist
governments of ; Venezuela, Bolivia, Ecuador, and Paraguay in particular and
their increased influence and trade with the other more " social democratic
" governments of Chile, Argentina, Brazil, etc. are working.
In other words, less reliance and rejection to varying degrees of the
neo-liberal / neo-conservative economic model, ie. more social programs and
money to the people, more economic self-sufficiency, less investments in the
international capitalist casino.
David J.
----- Original Message -----
From: "C. G. Estabrook" <galliher at illinois.edu>
To: "peace-discuss" <peace-discuss at anti-war.net>
Sent: Monday, May 25, 2009 9:36 AM
Subject: [Peace-discuss] Populist and protectionist policies, oh my!
> [Our rulers seem actually quite worried about "social crisis" -- what we
> used to call revolution. Short of that, they're very much concerned with
> "populist and protectionist policies" -- i.e., economic policies that
> actually aid the majority (like giving them money) instead of the truly
> wealthy in the US, a fraction of 1% (and, slightly, the 20% who so want
> to be like them). --CGE]
>
>
> World Bank warns of looming 'social crisis'
> Mon, 25 May 2009 12:06:54 GMT
>
> World Bank President Robert Zoellick warns that the worsening global
> economic meltdown and rising unemployment could lead to a 'social crisis'.
>
> "If we don't take measures there is a risk of a great human and social
> crisis, with major political implications," Robert Zoellick said in an
> interview with Spanish newspaper El Pais.
>
> He warned that the recovery of the global economy will be slow as an extra
> 53 million people are on the verge of extreme poverty.
>
> The comment came as crisis-hit eastern European states faces the 'tricky
> situation' of exacerbating economies and social protests.
>
> 'Populist and protectionist policies' are another threat to the economy in
> the face of 'low or negative growth', he added.
>
> "But economists and industrialists are conscious that the recovery will be
> slow coming and weaker than expected," he warned.
>
> Although the US financial system is at danger, Latin America has remained
> reasonably stable, Zoellick said.
>
> "The USA has taken steps in the right direction, but there are still banks
> with serious difficulties related to consumer finance, credit cards and
> real estate… the US depends more than Europe on the mortgage
> securitization market, and that market has yet to recover," he said.
>
> http://www.presstv.ir/detail.aspx?id=95923§ionid=3510213
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