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Neoliberalism Part 3: Where is Paul Volker

It Could Happen Here

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The G Seven Strategy to Outlast the G 77

Venezuela conducted an extensive bidding process for companies to mate cars to venezuela. But the car companis essentially sabotaged it by submitting designs to failed specks. The result was a kind of political war between national development and international profits. What they needed, in essence, was a new international economic order with corporate regulations,. debt relief and technology transfers. Without them, even a third world country like v Venezuela, flush with oil money, was incapable of developing an industrial economy. All the g seven had to do in order to stop it was stall the g 77 out until commodity power faded.

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