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You’re witnessing the death of neoliberalism – from within

May 31, 2016 Aditya Chakrabortty

Source: The Guardian Unlimited

IMF economists have published a remarkable paper admitting that the ideology was oversold

What does it look like when an ideology dies? As with most things, fiction can be the best guide. In Red Plenty, his magnificent novel-cum-history of the Soviet Union, Francis Spufford charts how the communist dream of building a better, fairer society fell apart.

Even while they censored their citizens’ very thoughts, the communists dreamed big. Spufford’s hero is Leonid Kantorovich, the only Soviet ever to win a Nobel prize for economics. Rattling along on the Moscow metro, he fantasises about what plenty will bring to his impoverished fellow commuters: “The women’s clothes all turning to quilted silk, the military uniforms melting into tailored grey and silver: and faces, faces the length of the car, relaxing, losing the worry lines and the hungry looks and all the assorted toothmarks of necessity.” read more

Time to End the ‘Hasbara’: Palestinian Media and the Search for a Common Story

May 31, 2016 Ramzy Baroud

Merely being in the company of hundreds of Palestinian journalists and other media professionals from all over the world has been an uplifting experience. For many years, Palestinian media has been on the defensive, unable to articulate a coherent message, torn between factions and desperately trying to fend off the Israeli media campaign, along with its falsifications and unending propaganda or ‘hasbara’. 

No Picture

The Brazilian Coup and BRICS Nations: Imperialism’s Junior Partners

May 26, 2016 Patrick Bond

Source: Jacobin

The response to the Brazilian coup shows that the BRICS powers are not a real alternative to US imperialism.

On May 12, Brazil’s democratic government, led by the Workers’ Party (PT), was the victim of a coup. What will the other BRICS countries (Russia, India, China, and South Africa) do?

Will they stand by as the reactionaries who took power in Brasilia pivot closer to Western powers, glad to warm Dilma Rousseff’s seat at the BRICS summit in Goa, India in five months’ time?

Here in South Africa, few expect Jacob Zuma’s African National Congress (ANC) government to react constructively on the international stage. Making waves isn’t likely at a time when Standard & Poors and Fitch are on a South Africa visit, deciding whether to downgrade the country’s credit rating to “junk” status, as happened in Brazil late last year. read more

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