14 May 2006

Chavez changes things

Perhaps the real reason for Washington's dislike of the emerging new order in south America is that they are doing what USA-sponsored trickle-down economics promised but never did deliver.
Venezuela was like a lot of those old Latin American countries - a small elite of super-rich families who basically stole the national resources. He's now driven a new economic order through, you've got for the first time healthcare for poor people, illiteracy has been eradicated.

And if you want to get an idea of why I don't like trickle-down economics: it's the peoples in places like Venezuela who have had to bear the cost of demonstrating the myth -those not in the ruling elites, that is.
I just hope the good Chavez and co do is not undone by the corruptions of power.
The Observer | World | Chavez offers oil to Europe's poor:
Filed in: , , ,

No comments:

Christian England? Maybe not...

I've just read an interesting blog article from Paul Kingsnorth . I've responded to it elsewhere with regard to its consideration of...