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The US
subprime mortgage crisis has gone viral, infecting the entire global economy.
Among large developing countries, Mexico will suffer the most - underscoring the need for a new trade and
development model that secures jobs and land for workers, argues Manuel Pérez-Rocha and Sarah Anderson.
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For the first time in half a millennium, South America
is beginning to take its fate into its own hands. The problems which persist have to be addressed through regional and global
solidarity along with internal struggle, writes Noam Chomsky.
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The new "securitization" of
the NAFTA agreement is not about keeping the citizens of the United States,
Canada, and Mexico safe from harm, but simply protecting the neoliberal
economic model - with terrible implications for Mexican civil society, says
Laura Carlsen.
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As Evo Morales, the Bolivian president, begins talks with rebel state governors in an attempt to end the political turmoil that paralyzed the nation last week, analysts are questioning the implications for the distribution of Bolivia's natural wealth - and the success of U.S. intervention in support for rightist elements and neoliberal economic policies.
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The recent referendum in Bolivia casts doubt on the
claim that the Morales government has simply pursued its own, polarizing,
leftist agenda, without regard to the concerns of the broad electorate, says Mark Weisbrot.
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Allied
to global agribusiness, the agrarian elite of Bolivia are fomenting a
coup as they struggle for control of the life-blood of the economy,
writes Roger Burbach.
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In Mexico City, the working poor are forced to confront the false
promises of globalization every day - as a race to the bottom that sees
only decreases in wages despite the soaring costs of food.
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