Globalization’s Empty Promise
A reminder that neo-liberalism—through the IMF and World Bank—causes damage: a widening gap between rich and poor, and cuts in health, education, and welfare budgets.
January 20, 2009
INDONESIA BETRAYED
Author: Elizabeth Fuller Collins
Publisher: Gramedia, Jakarta, 2008
Pages: xxiv + 350
THESE days neo-liberalism lies smashed to bits. The deeds of financial managers at the top of their game, who are uncontrollably greedy, are believed to have caused the most acute financial crisis since the Great Depression. And everyone in the world is suffering the consequences.
Truly, neo-liberalism, the free market regime that became
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