The Myth of Development: Non-Viable Economies and the Crisis of Civilizatio (2nd Edition)

The Myth of Development: Non-Viable Economies and the Crisis of Civilizatio (2nd Edition)

Oswaldo De Rivero

Language: English

Pages: 173

ISBN: 2:00079576

Format: PDF / Kindle (mobi) / ePub

The message of this courageous classic book is that the benefits of development, so long promised over the past sixty years, have not come about for most people. Nor are they going to. State-driven and market-led development models have both failed. Many countries, and their cities in particular, are collapsing into ungovernable chaotic entities under the control of warlords and mafias. Oswaldo de Rivero argues that the "wealth of nations" agenda must be replaced by a "survival of nations" agenda. In order to prevent increasing human misery and political disorder, many countries must abandon dreams of development and adopt instead a policy of national survival based on providing basic water, food and energy, and stabilizing their populations. This much-anticipated new edition not only features updated figures and statistics, but also original new writing on the most essential new issues for the development myth, including emerging economies, the global economic crises, environmental issues and particularly, climate change.

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infrastructure, by the size of the domestic market, by the legal security and the political stability of a country. Until the present, these conditions have been found, according to the transnationals, only in the Asia–Pacific region, in countries like China, India, Singapore, South Korea, Taiwan, Malaysia, Indonesia, the Philippines and Thailand. As a second priority, with much smaller investments, they prefer certain countries of Latin America and former Communist countries, such as Brazil,

did, they were not connected to international commercial sanctions. This allowed countries to reproduce technologies developed elsewhere. Nearly all machinery was copied, as were many chemical formulas, the automobile, the aeroplane, the radio, radar and thousands of other inventions, without a single country being called a pirate and threatened with economic sanctions. Today, the growing scientific and technological deficit in the underdeveloped countries and the enormous difficulties in making

The recent rescue packages have gone against the ‘invisible hand’ of the market and have used taxpayers’ money to save the global speculators responsible for the crisis. ZED-RIVERO-10-0401-C003.indd 61 7/13/10 2:05:10 PM 62 | Three In this way, a kind of financial socialism has been employed to save the capitalists. The payment of these speculators’ losses has been socialized at the expense of a hundred million taxpayers who have never gambled in the global casino. Thanks to this rescue

world, there are countries that are simply incapable of ‘closing the gap’ with the industrialized countries, even with the most unfettered economic policies and the most abundant and cajoling international cooperation. The so-called developing world is rife with countries that have no modern capitalist class, and no scientific and technical personnel capable of using the liberalization of the economy and foreign aid to modernize the economy and make it competitive on a global scale. In these

States and by the USSR as representatives of these rival projects for happiness. These did not spread into world conflagrations, for fear of nuclear retaliation that would mutually destroy the two superpowers and possibly extinguish a great part of life on the planet. Consequently, the treatment as a different species that had triggered two world wars was brought under control, for the first time in the history of the world, not by justice or by ethical considerations, but by 6,000 nuclear

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