Wednesday, June 21, 2006

Latin America's Choice

Because money makes his world go round, Tommy's antennae are attuned once again to capitalism -- specifically, which model of capitalism will most benefit Latin America: emulating India or getting addicted to China.



Latin America's Choice
By Thomas L. Friedman
The New York Times

NY TimesSelect NON-SUBSCRIBERS, can read a reprint of "Latin America's Choice" HERE. (Thanks to True Blue Liberal for the reprint).

Photo credit: Thomas Friedman. (Fred. R. Conrad/The New York Times)

Related:

  • EvansMediaUSA :: War on the Middle Class
    We often refer to Tom Friedman in this column as the unofficial spokesman for the Council on Foreign Relations. The CFR is an amalgam of American elites from all professions who are committed to the creation of a “global government”. When Friedman preaches his “Flat-earth” theory of economics from his perch at the New York Times, he’s really offering his vision of what America will look like after labor laws and trade protections have been removed and workers are forced to compete head-on with the poorest paid workers in China or Guatemala. The falling dollar will trigger this scenario sooner than we think.

    This view of unfettered capitalism is the Holy Grail of “free market” globalists. In fact, they invariably refer to it as “democracy”. It portends a world where industry overlords dictate policy to their political underlings and where society is entirely shaped to enhance corporate profits.

    For the avatars of predatory capitalism, Friedman’s Flat-world is a “dreamscape”; the capitalist Valhalla. For the struggling middle class, it is a return to the law of the jungle; the fast-track to widespread destitution.

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