Labor, Trade, & Finance
Defy the Creditors and Get Away with It

Defy the Creditors and Get Away with It

The unexpected death a few days ago of Nestor Kirchner deprived not only Argentina of a remarkable, albeit controversial leader. It also took away an exemplary figure in the Global South when it came to dealing with international financial institutions.

Kirchner defied the creditors. More importantly, he got away with it.

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Brazil: Toward the Continuation of Lulismo

Dilma Rousseff came very close to winning in the first round of voting in Brazil, she ended up on the threshold of the government currently led by Lula de Silva. Lula, the most popular president Brazil has ever had, is stepping down after eight years that changed the face of the country and transformed its place in the world.

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What’s So Funny about Outsourcing?

What were NBC executives thinking? The unemployment rate remains near double digits, and many Americans have simply stopped looking for work. And what does the network premier this fall but a sitcom called Outsourced about an American manager sent to run a call center in India. The jokes revolve around funny names, unappetizing food, Sikh turbans, arranged marriages. “It’s hard to know what a normal smell is here and what isn’t,” says Todd Dempsy, the culturally insensitive manager played by Ben Rappaport, in last week’s “Touched by an Anglo” episode. And there’s indeed something fishy about a show that capitalizes on U.S. jobs going overseas during an economic downturn.

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Obama: Blowing It on India?

Obama: Blowing It on India?

President Barack Obama’s upcoming visit to India will come just after the mid-term elections in the United States. Whether this timing is coincidental or deliberate, it will decide where Obama stands on several contentious issues between the two countries.

One of these issues is the outsourcing of U.S. jobs to India.

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Obama’s About-Face on Trade

Obama’s About-Face on Trade

On a frigid Wisconsin day in February 2008, the rapier-like rhetoric of Democratic presidential candidate Barack Obama slashed away at “free trade” deals that have cost thousands of Wisconsin jobs. He bemoaned the overseas flight of U.S. jobs and connected viscerally with thousands of mostly blue-collar workers at a rally at an imperiled General Motors plant in Janesville, Wisconsin that would ultimately close 10 months later.

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60 Second Expert: Obama’s Failures

The progressive dilemma at this time of political crisis is not one of vision. We have identified the key fundamental values needed to construct an alternative to the abundantly discredited neoliberal world older. But on a tactical level we have failed to translate these values into a political program compelling to those most affected by the global financial crisis.

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Lessons of the Obama Debacle

Lessons of the Obama Debacle

The problem with us progressives as this time of crisis is not that we lack an alternative paradigm to pit against the discredited neoliberal paradigm. No, the elements of the alternative based on the values of democracy, justice, equality, and environmental sustainability are there and have been there for sometime, the product of collective intellectual and activist work over the last few decades.

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We Have to Trim the Bloated Pentagon Budget and Use the Cash for a ‘Green Dividend’ to Create Good Jobs

Creating jobs is not easy work. The federal government, challenged at every turn by Republican opposition in Congress, has been unable to push through a second stimulus package focused specifically on jobs. The private sector, which the Tea Partiers see as the motor of the economy, has been sitting on an unprecedented amount of wealth — a record $837 billion in cash — that companies are saving for better investment opportunities.

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