28 August 2016   Leave a comment

The lefty publication, Jacobin, has published an interview with the economist Elias Ioakimoglou about the unending crisis in Greece.  The perspective is Marxist and the analysis is instructive.  The European Union has imposed a neoliberal framework on Greece and it has led to a Depression much deeper and more extended than the Great Depression of the 1930s.  Sadly, there is almost no chance of an economic recovery in Greece unless the neoliberal policies are rejected.

Rodrigo Duterte, the new President of the Philippineshas been accused of waging a relentless vigilante war against alleged drug dealers and gangsters.  The death toll has surpassed 1,800 extrajudicial killings so far, and there does not seem to be any end in sight.  There are many in the Philippines that oppose such action, but so far it appears as if Duterte has strong support, even among the most educated classes.  What support for working outside of the law means for the future of democracy in the Philippines is unknown, but it is a very dangerous idea.

Posted August 28, 2016 by vferraro1971 in World Politics

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