>Three - although it's true neoliberal methods were
>effectively used to provide a quick and dynamic fix
>for the profitablity and accumulation problems of the
>aging Bretton Woods structure in the 1970s, it appears
>the cure is turning out to be worse than the illness.
>The world's economic architecture does not seem to be
>on more solid footing and the old problems of excess
>capacity etc. do not appear to have really been
>solved.
True enough, but what's the counterfactual? The regime of the 1970s had come to crisis, and something had to give. Fixed exchange rates and heavy Third World borrowing were unsustainable, as was an import-substitution development strategy. You'd have a hard time making the argument that we should go back to that regime (which wouldn't be possible anyway). One of the flaws of Harvey's book is his call for a new New Deal, as if the politics and economics of today weren't vasly different from the 1930s. The nostalgia behind that call is testament to the fact that we don't really know what we want.
Doug