Wednesday, July 30, 2003

Further evidence of the demise of neoliberalism in Latin America. Now even the Right is rhetorically attacking it!
"Starting now our absolute priority is the strengthening of internal markets, the generation of employees, self-employment and family income ...," [Mexican President Vincente] Fox told radio listeners. "We have left aside the idea of a neoliberal economy that had shown little success in the past."
Well, better late than never, eh?

The General just can't help but see real trouble ahead for the FTAA as long as neoliberals like Robert Zoellick are in charge of US trade policy. Of course, any Democrat likely to win in 2004 -- excepting only Dick Gephardt -- won't do anything substantially different.

Big trade fights between not just the EU and the US, but between the US and a Latin American bloc led by Brazil, are in our future.


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