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A Model for Europe and the US? Latvia's Economic Disaster as a Neoliberal Success Story

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At www.informationclearinghouse.info

Today's most highly celebrated anti-labor success story is Latvia. Latvia is portrayed as the country where labor did not fight back, but simply emigrated politely and quietly. No general strikes, nor destruction of private property or violence, Latvia is presented as a country where labor had the good sense to not make a fuss when faced with austerity. In a page one The New York Times feature article...The newspaper thus has fallen in line with the surrealistic Orwellian attempts to depict Latvia's austerity and asset stripping as an economic success as rendered in the brochures distributed by the Institute for International Finance (the now notorious Peterson bank lobby 'think tank') and international financial institutions from the IMF to the European Union banking bureaucracy.

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At www.informationclearinghouse.info


 

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