View all posts filed under November, 2006

Economic Empire building (EEB) is the driving force of the US economy and became more central over the past five years. More than ever before in US economic history, the principal US banks, oil companies, manufacturers, investment houses, pension and mutual funds all depend on exploiting overseas nations and peoples to secure high rates of profit. Increasingly the majority of banking and corporate profits accrue from overseas plunder.

On a November 9, 2006, the Revolutionary Armed Forces of Colombia-Peoples Army, (FARC-EP) sent an “Open Letter to the People of the United States”. It was specifically addressed to several Hollywood producers and actors (Michael Moore, Denzel Washington and Oliver Stone) as well as three leftist academics (James Petras, Noam Chomsky and Angela Davis) and a progressive politician (Jessie Jackson).

Numerous writers, journalists, public officials and academics on the Right and Left have noted changes in relations between the US and Latin America. Those on the Right bemoan the ‘end of US hegemony’, the growth of a ‘New Left’, the ‘revival of populism’ and the ‘loss of US influence’.