Over half a century and in all this time not a year has gone by when our behemoth neighbour has not been imposing its will on some country or another: Cuba, Dominican Republic, Vietnam, Cambodia, Laos, Chile, El Salvador, Grenada, Nicaragua, Panama, Haiti, Iran, Afghanistan, and Iraq. Is Venezuela next? In the case of Venezuela, the Canadian state is playing a much more central role.
After neoliberalism dispatched Keynesianism in the 1970s, the left was relieved of the need to confront Keynes. But as neoliberalism self-destructs in capitalism’s greatest crisis since the Great Depression, neoliberals and “third way” economists conjure up Keynesianism anew in their attempts to salvage it.