neoliberalism

By Don Sawyer
Briarpatch Magazine
May 2008

In fighting plans for a mammoth big box store that would devour the small city I call home, I have made a startling discovery: a dangerous cult has spread from the heart of darkest Arkansas, jumped the border and brainwashed millions of innocent Canadians into its doctrine of diabolical materialism.

The cult I speak of is called Wal-Marxism, and it is so pervasive and insidious that it is quickly supplanting all other contemporary belief systems. Wal-Marxism can be summed up in a single statement promulgated by leading Wal-Marxist theorists: “From each according to his/her ability to mortgage, borrow, leverage and squander, to each according to his/her constantly expanding, insatiable, advertising-fuelled need for stuff.”

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By Mark Engler
In These Times
January 22, 2008

In the closing weeks of 2007, a region in revolt against the economics of corporate globalization issued its most unified declaration of independence to date.

On Dec. 9, standing before the flags of their countries, the presidents of Argentina, Bolivia, Brazil, Ecuador, Paraguay and Venezuela, along with a representative from Uruguay, gathered in Buenos Aires and signed the founding charter of the Banco del Sur, or the Bank of the South.

The Bank of the South will allow participating governments to use a percentage of their collective currency reserves to strengthen Latin America’s economy and promote cooperative development. It plans to begin lending as early as 2008 with around $7 billion in capital.

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