Latin America: Growth, Stability and Inequalities: Lessons for the US and EU

October 2nd, 2011

James Petras

Introduction: Images of the Past

The image of Latin America portrayed by the mass media and held by the educated public is a region of frequent coups, periodical revolutions, perpetual military dictatorships, alternating boom and bust economies and an ever-present International Monetary Fund (IMF) dictating economic policy.

In contrast the same opinion makers plus their academic counterparts project images of the United States and the European Union as stable societies, with steady economic growth, incremental expansion of social welfare programs, resolving issues via consensual compromises and practicing sound fiscal policies.

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Colombia: Pillage, Promise and Peace

August 8th, 2011

James Petras

Invited paper to be presented to the “Encuentro Nacional de comunidades Campesinas, Afrodescendientes e Indigenas por la Tierra y la Paz de Colombia”

“El dialogo es la Ruta”

12 al 15 de agosto 2011

Barrancabermeja – Colombia

Introduction:

We live in a time of great destruction and grand economic opportunities and Latin America is no exception. In the global context, the US Empire is engaged in destructive wars (Afghanistan, Iraq, Pakistan, Libya, Yemen, Somalia and Haiti). In contrast China, India, Brazil, Argentina and other “emerging economies” are expanding trade, investments and reducing poverty. The European Union (EU) and the United States (USA) are in deep economic crises. The EU “periphery” (Greece, Ireland, Portugal, Spain) are totally bankrupt. The US “dependencies” in North America (Mexico), Central America and the Caribbean are virtual narco-states plagued by mass poverty, astronomical crime rates and economic stagnation. The US dependencies are plundered by foreign multi-nationals, local oligarchs and corrupt politicians.

Colombia stands at the crossroads: it can follow in the footsteps of its predecessor, narco-President Alvaro Uribe and remain a military dependency, a lone outpost of the US Empire in South America. Colombia can remain at the margin of the most dynamic world markets and at war with its people or via a new socio-political leadership it can effect a profound reorientation of policy and consummate a transition toward greater integration with the dynamic markets of the world.

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Amid bloody repression, Zelayas returns to Honduras

May 28th, 2011

By Rady Ananda

Since Obama's first coup on June 28, 2009, when Honduras President Manuel Zelaya was kidnapped and flown to a U.S. military base in Palmerola before being spirited out of the country in his pajamas, Honduras has endured lethal repression under the US-installed dictator, Porfirio Lobo. But today, May 28, 2011, Zelaya returned.

(Image: Porfirio Lobo and Manuel Zelaya shake hands on May 23, 2011)

On May 23rd, Colombia president Juan Manuel Santos and Venezuela president Hugo Chavez brokered a deal that allowed Zelaya to return so that Honduras will be readmitted to the Organisation of American States, thus gaining access to international "aid" funds.

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