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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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