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PolEconJournal Posts

The year ‘laissez-faire’ became profane

Pity the poor priests of laissez-faire (the French phrase associated with the advocates of free market capitalism). They want to name a building at the University of Chicago after Milton Friedman. Milton was teaching there in 1976 when he won the Nobel Prize in economics. But 100 faculty members have signed a petition objecting. One of the 100, Bruce Lincoln told the press: “He was the darling of the Reaganite revolution and the American right … He was a scathing critic of the state playing a role of any importance … It’s now a whole lot more obvious to everyone…

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The Septembers of Neoliberalism

It was September 11, 1973, that the neo-liberal experiment began. The brutal U.S.-backed coup against Salvador Allende’s government opened the door for the “Chicago Boys” – a group of Chilean economists who had studied under Milton Friedman at the University of Chicago[1] – to “reconstruct the Chilean economy … along free-market lines, privatizing public assets, opening up natural resources to private exploitation and facilitating foreign direct investment and free trade.”[2] September 7, 2008 – thirty-five years later – that experiment came to an end, not with a whimper, but a bang. The neo-liberal regime of George Bush – more closely…

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Crisis in Bolivia

SEPTEMBER 15, 2008 – Thursday Sept. 11, at least 30 people – supporters of president Evo Morales – were killed in the northern department of Pando, victims of right-wing inspired violence. “We were unarmed” said one survivor of the 1,000-strong peasant march which was the target of the attack. “They stopped us some seven kilometers before Porvenir and afterwards they attacked us when we reached the bridge, where they ambushed us and began to shoot with automatic machine-guns.” The massacre was “executed by civilian groups who’d received weapons training by the government of Leopoldo Fernández.”[1] Fernández is one of a…

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War Free Schools

Here’s a nice thought for public education – let’s put automatic weapons into children’s hands, and let’s show them how to use them. Even better – let’s pay them $600 a week for the training. Sounds a bit wrong? Well, since 2006 it’s been the policy of the Toronto District Public School Board.[1] One other point – the students actually get credit for this, their placement with the military being done through the Army Reserve Cooperative Education Program. A similar program existed in the 1990s, but was terminated in 2002. In this earlier program, when placed with the military as…

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The case for deep writing

Letter to the Editor submitted to The Atlantic July 2, 2008 • Nicholas Carr says that Google is making us stupid.[1] The ubiquity of the Internet, he argues, is leading to a change in the habits of information acquisition, a change in the norms of information processing, and an accompanying change in the very structure of our way of thinking. The very strong implication of the article is that this is a “bad thing,” leading to the demise of what he calls “deep reading”. But deep reading requires its complement, deep writing – deep writing requires facts, and the article has,…

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The Gutter Press and the ‘War on Terror’

Letter to the Editor submitted to The Globe and Mail June 26, 2008 • George Bush is white. Stephen Harper is white. Tony Blair is white. So, I will now write about white terrorism as a plague covering the planet, given that several hundred thousand in Iraq and Afghanistan, as a result of the military actions of these white men, are dead, maimed and/or traumatized. I will use the term “honky.” Were I to do this, of course, and submitted it as an article to the very respected The Globe and Mail, it would be rejected as being inflammatory, crude…

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Let’s Not Forget Mexico

Letter to the editor printed in Queen’s Alumni Review, Review Plus, Volume 82 Number 2, May 19, 2008 • Thanks to Sara Beck for her informed, well-researched and interesting article, “A Question of Treason.”[1] The stories of Israel Halperin in the 1940s and the Security Certificate Five in the 21st century show clearly the frightening ease with which human rights can be swept away in moments of societal panic. One small correction I would like to make. Sara calls the events of 9/11 “the most horrific act of violence ever on North American soil.” I have in front of me William H.…

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Bolivia: Referendums of Reaction

JUNE 2, 2008 – To understand the recent “autonomy” referendums in Bolivia, don’t count the ballots – travel to the south-central city of Sucre. Saturday, May 24 a horrific scene of racism and violence played out that exposed the reactionary nature of the forces fighting for “autonomy.” That day, Bolivian president Evo Morales was scheduled to appear in the town to announce the delivery of some new ambulances and some government funding for local projects. “But in the early hours of Saturday morning, organized groups opposed to Morales began to surround the stadium where he was to appear a few hours…

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Labour solidarity with Palestine

“I want to express my gratitude to both CUPE (Canadian Union of Public Employees) and CUPW (Canadian Union of Postal Workers) for the solidarity they have shown to the Palestinian people.” With these words, Manawell Abdul Al, member of the executive committee of the Palestinian General Federation of Trade Unions summed up the sentiment at the 150-strong opening plenary of the “Brick by Brick” conference at the Steelworkers Hall in Toronto. He was referring to the motions passed first at CUPE-Ontario, and this year at CUPW national, supporting the campaign for Boycott, Divestment and Sanctions against the state of Israel.…

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The toxic tango of markets and housing

You can see it in the streets of Cleveland, or Buffalo, or Minneapolis. On all those streets, the working poor who five years ago lived in their own homes, are back in cramped apartments, paying rent to their landlords. On the streets where they used to live, their old houses sit boarded up and rotting. Every week, some of these homes come down, as city governments spend millions to demolish houses abandoned because of what is being called the “subprime” mortgage crisis. It should be called the “free-market” housing crisis. What these streets tell us is the catastrophic failure of…

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