made some changes...
The 'nationalizations' in Bolivia have assured that money was being reinvested in the country instead of being taken abroad by multinational corporations. Most corporations stay working in Bolivia however because they can still make a profit, just not bordering on exploitation, as it did in the neoliberal slash colonial times before Morales. Commodity prices are not the key to understanding the Bolivian economic success. More likely they are one of the only excuses left to neoliberals to maintain the superiority of their economic theory in the light of an example proving them wrong. Another excuse, or dogma you could call it, is the insinuation that 'in the future' a blowback necessarily needs to come of socialist policies. But it should be noted that Bolivia's international reserves have also risen spectac...ularly. The impression should not be given that future generations will have to pay for an irresponsible economic policy that only seems to exist if we omit certain facts. In the meantime however great numbers of people are being taken out of poverty. Something the neoliberals before Morales haven't done. Basically because poverty simply isn't a priority in their trickle down minds, and therefore they leave the subject to some vague promise in some distant future. Bolivians however where tired of waiting after two decades of neoliberal promises. They voted Morales to take action. And they voted him again because they saw results.
Let's hope the example of Bolivia will not be subject again to the kind of economic and political boycott we saw in 2008, when a kind of 'Balkanization' effort was made to topple the Morales government. After the expulsion of ambassador Goldman things went back to normal.
Well, normal. I can't even find a parking space in La Paz anymore as I used to. These economic booms...
See More
The 'nationalizations' in Bolivia have assured that money was being reinvested in the country instead of being taken abroad by multinational corporations. Most corporations stay working in Bolivia however because they can still make a profit, just not bordering on exploitation, as it did in the neoliberal slash colonial times before Morales. Commodity prices are not the key to understanding the Bolivian economic success. More likely they are one of the only excuses left to neoliberals to maintain the superiority of their economic theory in the light of an example proving them wrong. Another excuse, or dogma you could call it, is the insinuation that 'in the future' a blowback necessarily needs to come of socialist policies. But it should be noted that Bolivia's international reserves have also risen spectac...ularly. The impression should not be given that future generations will have to pay for an irresponsible economic policy that only seems to exist if we omit certain facts. In the meantime however great numbers of people are being taken out of poverty. Something the neoliberals before Morales haven't done. Basically because poverty simply isn't a priority in their trickle down minds, and therefore they leave the subject to some vague promise in some distant future. Bolivians however where tired of waiting after two decades of neoliberal promises. They voted Morales to take action. And they voted him again because they saw results.
Let's hope the example of Bolivia will not be subject again to the kind of economic and political boycott we saw in 2008, when a kind of 'Balkanization' effort was made to topple the Morales government. After the expulsion of ambassador Goldman things went back to normal.
Well, normal. I can't even find a parking space in La Paz anymore as I used to. These economic booms...
See More
