This piece was reprinted by OpEd News with permission or license. It may not be reproduced in any form without permission or license from the source.
-- "The level of integration....is deeper and more widespread than ever before in history" so that good or bad times have a global effect;
-- concentrated, centralized capital, especially in finance, reached unprecedented levels, heightening trouble in periods of hard times;
-- the "size and extension of wage and salaried workers is qualitatively greater than any other period" in history;
-- finance capitalism's dominance contributes to destructive boom and bust cycles;
-- "Latin America's 'restructured' capitalist economy (anchored its growth) in agro-mineral exports," increasing its dependency "on overseas markets and diversified trading partners in Asia" like China;
-- neoliberalism was strengthened in Latin America, and state policy was structured to "favor agro-mineral exporters and accommodate the poorest section through vast clientelistic 'poverty programs,' " and
-- America's dominant finance capital led to:
(1) "de-capitalization of manufacturing;
Next Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).