Counterrevolution The Global Rise of the Far Right

By Walden Bello The far right is on the rise. The rhetoric of anger and resentment is emanating from personalities like Donald Trump, Marine Le Pen, Rodrigo Duterte and Viktor Orban and is captivating and mobilizing large numbers of people. In an increasing number of countries, the extreme right has already captured the government or is on the threshold of power. While this swift turn … Continue reading Counterrevolution The Global Rise of the Far Right

Paper Dragons: China and the Next Crash

Comments of Walden Bello on his new book, “Paper Dragons: China and the Next Crash” Why China might be the trigger of the next global financial crisis is the subject of the first event in my book tour at Sciences Po in Paris, with Prof Cornelia Woll and Victor Mallet, Paris bureau chief of the Financial Times, serving as commentators. Sept 19, 2019. Brief Remarks … Continue reading Paper Dragons: China and the Next Crash

Walden Bello,PhD speaking tour on the launch of his two new books on the global rise of the far right and the latest on China

Bello is going on a speaker tour to present his two new books: “Paper Dragons: China and the Next Crash” and “Counterrevolution: The Global Rise of the Far Right” Bello will be speaking on counterrevolution, financial crises, and China. Issues that are all timely and relevant in these current times. Here is the schedule of his book tour, which has already begun. Try to catch … Continue reading Walden Bello,PhD speaking tour on the launch of his two new books on the global rise of the far right and the latest on China

Brazil: Can the Workers’ Party surmount its current crisis?

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?

Rodrigo Duterte: A fascist original

[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

The Alternative: Deglobalization

[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

What Is to Be Done? The Six Pillars of 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

The Paradigm: Deglobalisation

[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

The Virtues of Deglobalization

[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