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Wall Street Excess and Main Street Distress: the Apple Connection
Thursday, February 2, 2012 - 21:04
By Walden Bello*Foreign Policy in Focus
Apple’s march to market supremacy has been accomplished at tremendous cost to both American and Chinese workers.
Ever since the beginning of the current global economic crisis, the focus of both critical analysis and public odium has been speculative capital. In the populist narrative, it was the breathtaking shenanigans of the banks in an atmosphere of deregulation that led to the economic collapse. The “financial economy,” characterized as parasitic and bad,...
Now Comes the Hard Part…
Sunday, January 8, 2012 - 10:26
by Walden Bellofrom PDISuccessful revolutions are rare; successful reform is even rarer, claims Samuel Huntington in his classic “Political Order in Changing Societies”. Today, what can only be described as a serious enterprise at reform is unfolding in dramatic fashion in this country. Whether it will succeed will depend, to a great extent, on its leading edge, President Benigno Simeon Aquino III.
With his grim determination to remove Chief Justice Renato Corona from being a stumbling block to...
Germany’s Social Democrats And The European Crisis
Tuesday, December 27, 2011 - 15:21
by Walden Bello (FPIF)
Germany towers over Europe like a colossus. Its economy is the biggest in the European Union, accounting for 20 percent of the EU’s gross domestic product. While most of Europe’s economies are stagnating, Germany’s will have grown by some 2.9 percent in 2011. It boasts the lowest unemployment rate, 5.5 percent, of Europe’s major economies, compared to those of France (9.5 percent), the United Kingdom (8.3 percent), and Italy (8.1 percent).
In many ways, Germany is like Japan. Both...
An Open Request to the MRC Council to Pass a Resolution Calling for the Cancellation of the Xayaburi Dam
Wednesday, December 14, 2011 - 15:10
Your Excellences:
On the occasion of the Mekong River Commission’s Meeting of the 18th Council, the Save the Mekong coalition, a network of civil society groups and NGOs from within the Mekong region and around the world, send this open letter urgently calling upon the MRC Council to pass a resolution calling for the cancellation of the Xayaburi Dam. This MRC Council meeting represents a prime opportunity for the Mekong country governments to demonstrate their commitment to the...
APEC in Honolulu: Why Aquino should skip this meeting
Sunday, November 13, 2011 - 13:37
by Walden Bellooriginally published in the Philippine Daily Inquirer
Honolulu. If he has not left yet, I would advise President Aquino to skip the APEC Summit here in Honolulu. It’s really not worth his time or the country’s money.
I still remember in the early 1990’s, when APEC was one of the key battlegrounds against neoliberalism and free trade. The Uruguay Round of negotiations was stalled, and President Bill Clinton proposed and pushed for the Asia Pacific Free Trade Area as a...
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