Strike in Mozambique: Police Shoot Two Workers

International capital, in its search for outlets for investment in these times of worldwide stagnation, turns increasingly toward Africa. China, which itself had become the focus for foreign investment a couple decades ago, now has enough capital of its own to unleash on the world and Africa is one of its favorite targets. It is encouraging to see that Mozambiquan workers stand up to the exploitation and oppression that comes with this investment, as they have throughout the history of their interaction with the capitalist world system. As African ruling classes try so desperately to attract capital, the workers defend themselves from the consequences. As our president, partly of African heritage, takes steps to establish African Command – a regional military mega-centerTHE ULTIMATE GOAL OF THIS BLOG IS TO SHARE WITH THE READER ISSUES OF HISTORICAL AND CONTEMPORARY GLOBAL SIGNIFICANCE FROM A PROGRESSIVE PERSPECTIVE.
ORDER OF MOST READERS OF THIS BLOG: USA, RUSSIA, FRANCE, UNITED KINGDOM, GERMANY, UKRAINE,CANADA, INDIA,and CHINA.

Tuesday, 29 November 2011

NEOLIBERALISM: Myths and Fallacies

There are many myths and fallacies of neo-liberalism, among them that it would create greater wealth for all the world and eradicate poverty, and that the private sector is above imperfections while the public sector is the root of all evil. In point of fact, this PR campaign that neo-liberalism is the panacea, one that former Communist bloc nations adopted blindly along with much of the world, has won over millions of unsuspecting people. The marketing and selling of the neo-liberal panacea was helped enormously