AltWeeklies Wire
Workers Will be Forced to Pay for Wall Street's Failuresnew
The Masters of the Universe have been revealed as naive speculators who believed that property values could only go up. The journalists who preached the blessings of unregulated free markets have been unveiled as blind ideologues at best, and at worst paid propagandists. The response of American politicians at all levels has been pathetic.
The Georgia Straight |
Gwynne Dyer |
09-30-2008 |
Economy
Comrade Bush Nationalizes the Banksnew

The panicky flight from free-market orthodoxy in the United States is bound to fuel a revival of government intervention and welfare-state policies in the rest of the world. In the United States itself, however, they are likely to hang the wrong culprit in the end.
The Georgia Straight |
Gwynne Dyer |
09-24-2008 |
Economy
Goldman Sachs Paints Picture of Changing World Ordernew
You have to hand it to the economics team at Goldman Sachs. It came up with the concept of the "BRICs": the four big economies, in Brazil, Russia, India, and China, which were going to catch up with and then overtake the big economies of the developed world. More recently, they added the "Next Eleven": middle-sized developing countries like Turkey, Indonesia, and Mexico that will also grow fast enough to overtake their old-rich counterparts in the next generation.
The Georgia Straight |
Gwynne Dyer |
07-31-2008 |
Economy