This segment in the Saturday Extra program on ABC RN on 30 Aug featured Richard Heydarian, Lecturer in political science and international relations at Ateneo De Manila University, Philippines who wrote a thick dense book entitled: How capitalism failed the Arab world: the economic roots and precarious future of hte Middle East uprisings. At about the 7:30 min mark of this 14 min podcast Geraldine Doogue makes the observation that what the Arab world needs is not yet another politcal revolution but rather an economic one. abc.net.au/radionational/programs/saturdayextra/how-capitalism-failed-the-arab-world/5701226 As ever neoliberalism rears its ugly head. Descriptions of factors causing trouble: World Bank and the IMF (propagators of neoliberal policies); generation of crony capitalism (corruption of proper policy intent); gross inequality, threateningly high youth unemployment - powder keg; land reform or the lack of it; need for population management program; importance of manufacturing sector (but this is so difficult to deal with - manufacture what?).
Posted on: Thu, 11 Sep 2014 11:57:47 +0000
Trending Topics
Recently Viewed Topics
© 2015