Walden Bello

Walden Bello is the co-founder and current senior analyst of the Bangkok-based Focus on the Global South and the International Adjunct Professor of Sociology at the State University of New York at Binghamton.  He received the Right Livelihood Award, also known as the Alternative Nobel Prize, in 2003, and was named Outstanding Public Scholar of the International Studies Association in 2008.

Articles by this author

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Friday, February 03, 2012
The Apple Connection
Ever since the beginning of the current global economic crisis, the focus of both critical analysis and public odium has been speculative capital. In the populist narrative, it was the breathtaking shenanigans of the banks in an atmosphere of deregulation that led to the economic collapse. The “financial economy,” characterized as parasitic and bad, was contrasted to the “real economy,” which was said to produce real goods and real value.
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Friday, September 23, 2011
Why Al-Qaeda Won
With the tenth anniversary of the crime that was 9/11, the question inevitably crops up: who won, the United States or al-Qaeda? According to the politically correct answer, although al-Qaeda has been decimated, it has been a Pyrrhic victory for Washington. In defeating al-Qaeda, the U.S. government engaged in many unnecessary violations of human rights and due process that diminished America in the eyes of both its citizens and the world.
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Tuesday, August 09, 2011
The Crisis of Humanitarian Intervention
Events in Libya and Syria have again brought to the forefront the question of armed humanitarian intervention or the “responsibility to protect.” Our hearts all go out to the unarmed demonstrators seeking to bring down corrupt dictatorships that are a plague on their people. In Tunisia and Egypt, the people rose and deposed dictators on their own. Armed supporters of the Mubarak regime did attack and even fire on people in Tahrir Square, but a massive crackdown was avoided when the military decided not to take the side of the dictator.
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Friday, June 24, 2011
Capital Is a Fickle Lover
"China is today the ideal capitalist state: freedom for capital, with the state doing the 'dirty job' of controlling the workers,” writes the prominent Slovenian philosopher Slavoj Zizek. “China as the emerging power of the twenty first century …seems to embody a new kind of capitalism: disregard for ecological consequences, disdain for workers' rights, everything subordinated to the ruthless drive to develop and become the new world force." Capital, however, is a fickle lover.
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Tuesday, February 01, 2011
Sexual Prey in the Saudi Jungle
He was an officer in the Saudi Royal Navy assigned to the strategic Saudi base of Jubail in the Persian Gulf, and he wanted to hire a maid. She was a single mom from Mindanao in the Philippines who saw, like so many others, employment in Saudi Arabia as a route out of poverty. When he picked her up at the Dammam International Airport last June, little did she know she was entering not a brighter chapter of her life but a chamber of horrors from which she would be liberated only after six long months.
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Friday, December 17, 2010
The Celtic Tiger Follows the Asian Tigers to Extinction
The financial collapse of Ireland, coming as the latest in a string of disasters, hardly shocks global public opinion. For people engaged in the development debate, however, it is resonant with meaning.
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Friday, November 05, 2010
Kirchner's Legacy: Defying the Creditors and Getting Away with It
The unexpected death a few days ago of Nestor Kirchner deprived not only Argentina of a remarkable, albeit controversial leader. It also took away an exemplary figure in the Global South when it came to dealing with international financial institutions. Kirchner defied the creditors. More importantly, he got away with it.
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Tuesday, October 12, 2010
Lessons of the Obama Debacle
The problem with us progressives at this time of crisis is not that we lack an alternative paradigm to pit against the discredited neoliberal paradigm. No, the elements of the alternative based on the values of democracy, justice, equality, and environmental sustainability are there and have been there for sometime, the product of collective intellectual and activist work over the last few decades.
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Thursday, September 02, 2010
Can You Say, Fascism? The Political Consequences of Stagnation
My apologies to T. S. Eliot, but September, not April, is the cruelest month. Before 9/11/2001, there was 9/11/1973, when Gen. Pinochet toppled the Allende government in Chile and ushered in a 17-year reign of terror. More recently, on 9/15/2008, Lehman Brothers went bust and torpedoed the global economy, turning what had been a Wall Street crisis into a near-death experience for the global financial system.
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Thursday, July 15, 2010
Greece: Same Tragedy, Different Scripts
Cafés are full in Athens, and droves of tourists still visit the Parthenon and go island-hopping in the fabled Aegean. But beneath the summery surface, there is confusion, anger, and despair as this country plunges into its worst economic crisis in decades. The global media has presented Greece, tiny Greece, as the epicenter of the second stage of the global financial crisis, much as it portrayed Wall Street as ground zero of the first stage. Yet there is an interesting difference in the narratives surrounding these two episodes.
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