Skip to content

World Bank

Blair's American Daze

A truly curious letter appeared in the New York Times two years ago headed, ‘It’s time to repay America’, by one Tony Blair. In it, he thanked Bill Clinton and the whole of the US for introducing him to the pleasures of governing the American Way. That, he wrote, meant ‘results, not theology… free from preconceptions and bureaucratic wrangling… Government should not hinder the logic of the market!’

Bolivia Vanishes: See Style Section

From The MediaChannel
In April, five people were shot dead in Bolivia, a military policeman was lynched and the president declared a state of siege following a general strike that shut down much of the nation. At the end of it all, for the first time in a decade anywhere in the world, American and British corporate giants, the targets of the protest, were booted out of the Andean nation, a stunning reversal of the march of globalization.

New British Empire of the Dammed Bolivia's Water Supply is the Latest Acquisition of Thirsty British Firms in the Service of Uncle Sam

for The Observer/Guardian UK
With the front pages jammed with photos of two dead white farmers in Zimbabwe, the news from Bolivia “Protests claim two lives” was pushed into a teeny “World in Brief” in the Guardian, and unmentioned elsewhere. What a shame. The Zimbabwe murders merely exercised a suppressed nostalgia for England’s imperial past. But Bolivia is the story of Britain’s imperial future.

Postcards From The de-Valuation Carnival

For The Observer/Guardian UK
As Fat Tuesday nears, the political chit-chat above the carnival drums is about the minimum wage, which the nation’s Constitution effectively sets at US$100 per month. With currency devaluation and massive inflation of basic necessities (electricity is up 250%), the minimum should rise automatically to at least 170 REALS from 130.
Regarding this relief for the low-paid, President Fernando Henrique Cardoso, Latin America’s carrier of the Third Way torch, remains inscrutably befuddled. But his ministers, the chambers of commerce and their academics have filled newspaper columns with arguments for eliminating the Constitution’s ‘inflexibility.’

Inside Corporate America The Few Cyberati Dial Handouts from the Many

For The Observer/Guardian UK
It’s 2022 and my grandchildren ask, ‘Grandpa, when did the communications counter-revolution begin?’ As we huddle round the cyberfire, they guess it all went wrong in October 1999. That was when MCI WorldCom paid $115 billion for Sprint Corporation which, once it had merged with AT&T in 2002, gave the telephony behemoth 80 per cent of America’s long-distance market.