By Walden Bello
During this eye-opening and infrequently scathing ebook, Walden Bello presents a forensic dissection of latest capitalism's a number of crises. Trenchant yet optimistic, Bello's research of the cave in of the worldwide actual financial system - overlaying such concerns because the Wall road meltdown, the disintegration of the Greek financial system and the increase of China - emphasizes the ever extra urgent have to interact in an intensive strategy of 'deglobalization' in the direction of a decentralized, pluralistic international procedure. merely then do we have the ability to build a fairer and extra equitable society.
A stirring name to fingers for all these attracted to worldwide financial justice.
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Extra resources for Capitalism's Last Stand?: Deglobalization in the Age of Austerity
Each man carried 120 rounds of ammunition for his rifle and two days’ combat rations, which contained three canned meals. Only about 17 percent of these men had ever faced an enemy and most were 20 years old or younger. The task force boarded trains in Pusan and rattled into Taejon the next morning, where Smith quickly found General Church. “We have a little action up here,” the general told Smith, stabbing at a map. “All we need is some men up there who won’t run when they see tanks. ” 32 Smith, leaving his unit behind, then scouted ahead to an area about three miles (five kilometers) north of Osan, a village situated between Seoul and Taejon on the main Seoul-Pusan highway.
Within 15 miles (24 kilometers) of the port, where supplies and troops were pouring in, Walker had set up numerous depots and dumps from which men and materiel could be easily rushed to the front. Moreover, UN air and naval forces controlled the air and waters around the peninsula. In short, Walker’s troops were well fed, equipped, reinforced, and supported. By contrast, the North Koreans had extended their supply lines to the maximum, from the 38th parallel to the 51 52 KOREA 1950: PUSAN TO CHOSIN tip of the Korean Peninsula.
26 As the leader of the free world, the United States was putting its prestige at risk. Congress supported the president’s action and voted for a one-year extension to the draft. But since Truman had acted by executive order rather than by asking Congress for a formal declaration of war, Republican Senator Robert A. ” 27 37 38 KOREA 1950: PUSAN TO CHOSIN Taft’s words went unheeded. The president had already established a precedent. No formal declaration of war would be sought for future actions in Vietnam, Grenada, Panama, and the Persian Gulf.
Capitalism's Last Stand?: Deglobalization in the Age of Austerity by Walden Bello