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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (54087)	10/23/2002 7:37:33 AM
From: Ilaine	Respond to of 281500

And if the very existence of debate about a society's economic bargains leads investors to strangle the economy, then change will be impossible, and democracy will have been defeated. They have such a hard time comprehending why investors would want to put their money someplace relatively safe. I wish basic economics was a required course in high school. A Ph.D. in political science, too!

To: LindyBill who wrote (54087)	10/23/2002 11:41:33 AM
From: JohnM	Read Replies (1) \| Respond to of 281500

"Meanwhile, back in Rio." A Boston University Prof (Harvard University, Ph.D. Political Science, 1991) examines the Brazil problem. And gives due respect to the people Clinton called, "Those Damned Bond Traders!" October 23, 2002 Brazil's Democracy Takes a Chance By JEFFREY W. RUBIN Good piece, well argued. Read it over coffee this morning. It's one of the unfortunate consequences of the extension of globalization via a very narrow "markets only" perception. That produces wide disparities of wealth which are inherently destabilizing. I'm not only afraid, however, Rubin is whistling in the wind; it looks as if we are in for many seasons of instability with the widening wealth disparities within societies and, of course, across societies as well.