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The change in the market's status in the economy, from playing a "basic role" to "a decisive role", is important. The Third Plenary Session of the 14th CPC Central Committee had defined the "basic role" of the market in 1993...History tells us that
A set of assumptions so appealing that one looks at their abstract logic rather than how the world actually works. (See Insanity.) Ignorance: Socrates said that ignorance was the source of evil, because nobody knowingly commits evil.
In the last quarter of the twentieth century the world's institutions reached a consensus: they came together to hail the goal of gender equality. Ironically, this was at the very moment when we were witnessing the limits, the exhaustion, of the
In a recent Foreign Affairs article , Noah Smith outlines a bleak future for Japan if the Abe government fails to introduce neoliberal reforms. Many features of the Japanese economy that are commonly attributed to culture, he writes, are, in fact,
A euphemism for trade dependency resulting from the specialization of production between food-surplus nations and food-deficit countries, and the parallel polarization between high-technology and low-wage producers. Originally coined by free-trade
Recent articles Murray Dobbin November 13th 2013 We need to move beyond the obsession with Stephen Harper and pay attention to the other players. It is these politicians and their parties which, after all, we expect and hope will defeat the Harperium.
Faced with economic stagnation in the late 1970s and early 1980s, most of the world's rich countries made a fateful choice. They lowered taxes; slashed government regulation in labor, financial, and other markets; opened their economies to global
Last week the notorious troika representing the three major lenders to severely indebted European Union nations officials from the International Monetary Fund, the European Commission and the European Central Bank once again descended upon Athens to
When Naomi Klein published her ground-breaking book The Shock Doctrine (2007), which compellingly demonstrated how neoliberal policy makers take advantage of overwhelming crisis times to privatize public property and carry out austerity programs,
Nov 5, 2013 This week the notorious troika representing the three major lenders to severely indebted European Union nationsofficials from the IMF, the European Commission and the European Central Bankonce again descended upon Athens to consider new