Keynsian Anti-Imperialism

Hobson believed that the imperial scramble was driven by the need for capitalists to find new areas for investment. Unlike Lenin, who used his theories and data, Hobson did not think that imperialism was the inevitable result of capitalist expansion. The problem was oversavings by capitalists and . . . . Continue Reading »

Pre-Debate Thoughts

I’m not even sure I’m watching, 1.  Romney and Bachmann are going to be gunning for Perry on Social Security.  Perry might have been executing a rope-a-dope.  If comes back with a plausible answer built around condemning what is broken about the current system and . . . . Continue Reading »

Very Quick Debate Thoughts

more on Sunday (maybe) when I have more time, 1.  A really good night for Romney.  He did about as well as he could have hoped on the jobs thing.  We created more jobs.  Well, we had a 4.7 % unemployment rate.  Mike Dukakis was better than you.  . . . . Continue Reading »

Who Gets Our Aid?

Mann again. He points out that US aid is not typically spent for development purposes but for strategic purposes. Hence, a good deal of it goes to a small number of countries in the Middle East: “A third goes to one of the 20 riches countries in the world - Israel. A fifth goes to Egypt, . . . . Continue Reading »

Globalization and peace

In a 2005 article, David Rowe reviewed the 19th-century liberal belief that the formation of a global economy would bring enduring peace. The arguments sound a tad familiar: “Liberals identify at least three closely related means by which globalization pacifies society. First, globalization . . . . Continue Reading »

Romney Doomed?

Jonathan Last argues that Romney is in huge trouble because he is a mediocre-to-lousy campaigner with no real support base and no real principles.  I think Last very slightly overstates his case.  Romney’s campaign for the governorship in 2002 was pretty good.  On, the other . . . . Continue Reading »

Radical Augustine

RA Markus points out in his classic study Saeculum: History and Society in the Theology of St Augustine that in Augustine’s view “what prevented the Christian from being at home in his world was not that he had an alternative home in the Church, but his faith in the transformation of . . . . Continue Reading »