Re: [Pen-l] fear of global depression versus fear of global terrorism

[Jim Devine <jdevine03@xxxxxxxxx>]

Gernot Koehler wrote:
> I find it significant that the CIA has recently observed that global
> depression is a greater threat to U.S. well-being than global terrorism.
> That observation de-legitimizes the policies of the Bush era and provides
> legitimacy for a perestroika of the world economic system. One element of
> such a perestroika would have to be more power sharing in international
> economic and financial institutions, in the sense of, Samir Amin's concept
> of global polycentrism or concepts of global democracy, including economic
> democracy, ...

Aren't you talking about glasnost (openness) and/or the third part of
Gorbachev's troika (democracy)? If I understand it, perestroika meant
"restructuring," specifically an increased role for the market. I
guess, however, that you could use it to mean going the other way,
greater state guidance of the market. But that's not what Gorby meant.

(Of course, in practice Gorbachev's perestroika morphed into massive
marketization and swallowed the other two.)
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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