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correction Re: Global inequality
by Richard K. Moore
26 November 2000 14:52 UTC
My previous formulation was a bit sloppy. Permit me to refine.
1) After 1945, there was a major reorganization in the core.
a) The imperialist relation with the periphery was
consolidated into a non-competitive, collective regime.
b) An agenda of intenstive 'development' in the periphery
was adopted so as to provide postwar capital-growth
opportunities.
c) A Keynsian social-welfare policy was adopted in the core,
bringing in core middle classes as co-beneficiaries in the
postwar imperialist undertaking.
2) After 1970, there was a second reorganization.
a) Japanese competition, under cover of pax americana, was
rendering core producers non-competitive.
b) Keynsian policies were failing to deliver core population
passivity.
c) Core elites decided to drop Keynsianism and revert to
laissez-faire, abrogating the co-beneficiary relationship
with core populations.
d) The neoliberal, globalization, centralized global regime
project was launched.
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