[lbo-talk] The Idea of the Third World (was Re: Iran and Latin America)

[dredmond at efn.org]

On Mon, October 1, 2007 8:51 am, Yoshie Furuhashi wrote:

> But the NAM itself won't be the main medium through which building
> blocks for checking US hegemony can be built.

What hegemony? This is a serious question. That $770 billion-sized
military has utterly failed to colonize tiny Iraq, gutted by a decade of
sanctions. The US has fallen behind 30 to 40 countries in quality of life
indicators ranging from life expectancy to infant mortality. The US
current account deficit is 7% of GDP and its net international investment
position is minus 35% of GDP.

-- DRR