CAFTA, once presumed dead, is alive and functioning, thanks to White House political sorcery. But a backlash is looming in the United States and abroad.
What a farce: The Dubai Ports deal shows Bush is willing to trust the Arab-owned Dubai Ports to manage our harbors, even as he scapegoats them as culprits in his war on terror.
The uproar over the Dubai Ports deal ignores the obvious consequences of the free trade that American politicians of both parties have pushed for decades. Like it or not, we have to deal with it.
Among the superrich, there's a growing desire to freeze themselves and
their bank accounts in hopes of rising again. Talk about Groundhog Day.
New federal guidelines for banks and credit card companies that boost minimum monthly payments have wreaked havoc on American families struggling to pay their bills and avoid bankruptcy.
American business elites in Davos for the World Economic Forum are
far more interested in global markets and corporate investors than they
are in ordinary Americans' needs.
Nicholas Kristof produces a steady stream of titillating reports on
child prostitution in the Third World. Better to focus on draconian
economic reforms driven by the World Bank that create the conditions
The late socialist economist Harry Magdoff read Marx at
fifteen and never looked back. A self-educated co-editor of the
Monthly Review, he not only fought for a just and humane world;
he embodied his politics in the way he conducted his life.
It's not true that only the rich can help the poor. We must work to empower nations like
Bangladesh that are addressing the problem of hunger by creating networks of
schools, health training and micro-loans.
The election of former coca farmer Evo Morales as Bolivia's first
indigenous president appears to be an enormous victory for the left, as
yet another Latin American nation turns away from Washington-driven
economics. But will Morales be able to live up to his promise of
home-grown solutions for this cash-poor yet resource-rich nation?