Articles tagged Latin America

le monde diplomatique

Sub-Saharan Africa on the Sidelines, A false economic dawn?

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After the collapse of the Mobutu regime Zaire, now renamed the Democratic Republic of Congo, has been left stripped of resources, in spite of the mineral wealth being eyed covetously by foreign investors. Elsewhere, the International Monetary Fund’s figures point to a significant improvement in sub-Saharan Africa. However, imposing structural adjustment, privatisation and deregulation policies More >

Dollar comic

CAPITALISM IN CRISIS

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Marxist economics made the withering away of the state its ultimate goal. However, it is the unabated liberalisation of the world economy, which is translating the old socialist dream into a disquieting reality. It needed the combination of three ingredients to make this twist of history possible.

First, there was Nixon’s decision in 1972-73 to end the dollar-gold link, which led to the official More >

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