View all posts filed under April, 2005

Let me begin by saying there are serious political issues that raised by the Lula regime in Brazil. One is the notion that the business of government is to guarantee the interests of the financial ?markets? (financiers, bankers, speculators, creditors etc) before any social or economic policy or reform can be considered.

Paradoxically the defeat of Communism led to the relocation of imperial capital, which in turn led to a decline of domestic manufacturing and high technology industries in the ?advanced countries?