The results of Free trade. Thank you Mulruney
The results of Free trade. Thank you Mulruney
...can you explain to us what you mean by the term
'market-driven politics,' and can you explain the primary forces that have
been driving this process.
Colin Leys: I use that term to mark the dramatic change that the de-control
of capital meant for a country like Britain -- or almost any country other
than the United States.
'market-driven politics,' and can you explain the primary forces that have
been driving this process.
Colin Leys: I use that term to mark the dramatic change that the de-control
of capital meant for a country like Britain -- or almost any country other
than the United States.
With the removal of capital controls, once capital could move where it wished to, governments ceased to have control of the direction of investment, or the terms on which investment is made, making politicians responsive more to the bond markets than to their electorates.
This puts political parties in office in a new and complicated position
vis-à-vis the electorate. I had seen that happening in Africa where
ex-colonial states, very poor and very dependent on external capital, were
constantly having to adapt what they said in public, and what they did in
practice, to external forces, and it seemed to me that that would be likely
to happen to all countries once capital could go where it wanted.
vis-à-vis the electorate. I had seen that happening in Africa where
ex-colonial states, very poor and very dependent on external capital, were
constantly having to adapt what they said in public, and what they did in
practice, to external forces, and it seemed to me that that would be likely
to happen to all countries once capital could go where it wanted.
Capital would be much in demand and would be able to set the terms with nation
states....
FULL Story:
states....
FULL Story:
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
"cheeki kea Thank you, just one thing. The Choctaw Indian who came to the rescue was a war veteran…"
What Four UFO Whistle Blowers All Suffered in Common?
Why did this commonality plague all of these UFO whistle blowers? Were they too obsessive about…See More
"Well that is one fine story you've got going there Doc V. with a very interesting roll up. I…"
"Just another bizarre chapter in WWII that seems more suspect as paranormal."
Former President Trump?
When was this article written? It is attributed to Victor Davis Hanson. He is a Fellow at Hoover…See More
"It must be an unintended mistake "former". But that Trump demanded to keep Khan away is a…"
"Quite an uplifting story of the winter war. Finland was overpowered by ten to one and could still…"
Elon Weighs in on Charlie Kirk's Assassination and How it is an Instrument of Social Control
For a very long time now there has been in place mass population behavioral control operations that…See More
"Less Prone Thanks Buddy I worked on it for 3 days! "
"You have spun a great story, congratulations!"
"Les prone, Thanks Buddy! "
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network