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Showing posts with the label "international capitalism"
"The most powerful states within the capitalist system have historically been the ones which establish the International Political Economy regimes of international capitalism and they establish rules which favour the expansion of their own capitalism."  —Peter Gowan 2005, an unpublished paper " Gabriel Hetland  (theguardian.com, 24 January) is right to highlight how US sanctions have aggravated the economic crisis in Venezuela, perhaps by deliberate policy. US actions follow a predictable pattern. Just over a year ago, another Latin American country riven by economic and social problems descended into widespread street protests and violence following a disputed election, with dozens of people killed by security forces. That country was impoverished Honduras, where the pro-US Juan Orlando Hernández was re-elected president in an election many, including the Organization of American States, saw as fraudulent. The US response that time was to support Hernández agai...