Who really runs the global economy? The triad of "governance institutions"--The IMF, the World Bank and the WTO. Globalization hugely increased these undemocratic institutions’ power, drastically affecting the livelihoods of peoples across the world with their particular kind of neoliberal capitalism. Their 'Washington Consensus' proposed that poverty was to be ended by increasing inequality. This new edition of Unholy Trinity is completely updated and revised. It argues neoliberal global…
While media pundits and defeated Democrat campaigns voice different interpretations of the Republicans' midterm landslide, no one should overlook one indisputable fact: voters gave Republicans a mandate to stop gun control at the federal and state level.
Putin carries, at one end of his balancing pole, the various elites more oriented toward the West and the “Washington Consensus“ and, at the pole’s other end, those concerned that Russia faces both a real military threat from the North Atlantic Treaty Organization and a hybrid geo-financial war as well. He is being pressed to come down on the side of the latter, and to pry the grip of the former from the levers of economic power that they still tightly hold. - May 17, 2016 -
Millions Of Voters Are Sending A Message: Our Economic Framework Is Rotten
The Revolutionary Distemper in Syria That Wasn’t | In Gaza - If Syrian President Bashar al-Assad were a devotee of the Washington Consensus--as Counterpunch's Eric Draitser seems to believe--the United States government wouldn't have been calling since 2003 for Assad to step down. Nor would it be overseeing the Islamist guerilla war against his government; it would be protecting him.
All these effing geniuses: Ezra Klein, expert-driven journalism, and the phony Washington consensus