Walden Bello & Cecilia Lero, 04 November 2015, Published at Rappler The 13-year-reign of the Workers’ Party (PT) in Brazil hangs by a thread. More accurately, it hangs on 342 members of the lower legislative house, the number of votes needed to accept any one of a seemingly constant stream of impeachment requests, and begin the trial of President Dilma Rousseff.An impeachment trial would immediately suspend President Rousseff … Continue reading Brazil: Can the Workers’ Party surmount its current crisis?
[02/01/2017, Walden Bello, Rappler – Philipines] ‘Like the anti-Marcos resistance 4 decades back, the only certainty members of the anti-fascist front can count on is that they’re doing the right thing. And that, for some, is a certainty worth dying for’ Fascism, someone wrote, comes in different forms to different societies so that people expecting fascism to develop in the “classic way” fail to recognize … Continue reading Rodrigo Duterte: A fascist original
[Walden Bello, 2002] The crisis that is wrenching the current system of global economic governance is a systemic one. It is not one that can be addressed by mere adjustments within the system, for those would be merely marginal in their impact or they might merely postpone a bigger crisis. To borrow the insights of Thomas Kuhn’s classic Structure of Scientific Revolutions, when a paradigm … Continue reading The Alternative: Deglobalization
[Walden Bello, lecture, 30 April 2014] Let me place my coming remarks in context, and the global context has among its key features the following: Long-term stagnation in the United States. Depression in Europe. Increasing gap in wealth in nearly all countries and globally: the richest 1% of the global population owns 40% of total assets, and the richest 10% accounts for 85%. Financialization has … Continue reading What Is to Be Done? The Six Pillars of Deglobalization
[Focus on the Global South, 2003] It is in response to the growing clamor for alternatives to the current system of global governance that Focus has elaborated the strategy of deglobalisation as the guiding paradigm for its programmatic work in the next three-year period. Deglobalisation is not a synonym for withdrawing from the world economy. It means a process of restructuring the world economic and political … Continue reading The Paradigm: Deglobalisation
[Walden Bello] The current global downturn, the worst since the Great Depression 70 years ago, pounded the last nail into the coffin of globalization. Already beleaguered by evidence that showed global poverty and inequality increasing, even as most poor countries experienced little or no economic growth, globalization has been terminally discredited in the last two years. As the much-heralded process of financial and trade interdependence … Continue reading The Virtues of Deglobalization