From: glevy@PRATT.EDU
Date: Tue May 23 2006 - 08:50:25 EDT
Rosa Rojas, "Stiglitz: Those Who Must Be Compensated Are The Bolivians, Not the Companies" in _MRZine_: <http://mrzine.monthlyreview.org/rojas200506.html> In English and Spanish (originally published in Spanish in _La Jornada_). The Nobel Prize winning economist and former Vice-President of the World Bank favors "just compensation" to the Bolivians from the companies which were nationalized. In defending nationalization he uses the analogy of what to do with a painting which was stolen (it should be returned to its rightful owner). He also calls "free trade" and the neo-liberal model failed policies. Is he becoming a radical economist or is he a _real_ neo-liberal i.e. a new liberal)? More significantly, does he represent a segment of the international bourgeoisie which is trying to put forward a more pragmatic international economic policy which takes into account some of the changing realities in Latin America and elsewhere? Or, is he basically just an isolated voice in a marginalist wilderness? In solidarity, Jerry
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