A Quote by Immanuel Wallerstein

One by one, these governments came undone, and were forced into IMF tutelage (and national illegitimacy) by the careening oil prices, the debt imbroglio, and falling terms of trade. The last of these governments to fall were the Communist regimes of eastern Europe, which have now gone the way of other Third World countries. The second in the cascade of bifurcations is thus symbolized by 1989.
Socialism is undoubtedly in the throes of a crisis greater than at any time since 1917. The last half of 1989 saw the dramatic collapse of most of the communist party governments of Eastern Europe.
Democratic governments are not delivering on their promises, which is partly due to the fact that governments are less powerful than they were after the Second World War. There were fewer governments then, but they actually had more political power.
The United States has given frequent and enthusiastic support to the overthrow of democracy in favor of "investor friendly" regimes. The World Bank, IMF, and private banks have consistently lavished huge sums on terror regimes, following their displacement of democratic governments, and a number of quantitative studies have shown a systematic positive relationship between U.S. and IMF / World Bank aid to countries and their violations of human rights.
You have countries that have lived beyond their means, with bloated governments, huge trade deficits, and people living off the government. Then you have others where poor people are working hard and underconsuming and their governments are buying all this debt and propping up the extravagant countries. All of this has to change. There's a tremendous moral hazard involved with this system.
Anyone who thinks that the Communist regimes of Central Europe are exclusively the work of criminals is overlooking a basic truth: The criminal regimes were made not by criminals but by enthusiasts convinced they had discovered the only road to paradise. They defended that road so valiantly that they were forced to execute many people. Later it became clear that there was no paradise, that the enthusiasts were therefore murderers.
In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time, the time when capitalism really worked. Everywhere in the industrialized countries production increased. Unemployment was everywhere low. Prices were nearly stable. When production lagged and unemployment rose, governments intervened to take up the slack, as Keynes had urged.
The governments of the present day have to deal not merely with other governments, with emperors, kings and ministers, but also with the secret societies which have everywhere their unscrupulous agents, and can at the last moment upset all the governments' plans.
It is not certain that with this aid alone [possession of arms], they would not be able to shake off their yokes. But were the people to posses the additional advantages of local governments chosen by themselves, who could collect the national will, and direct the national force; and of officers appointed out of the militia, by these governments and attached both to them and to the militia, it may be affirmed with the greatest assurance, that the throne of every tyranny in Europe would be speedily overturned, in spite of the legions which surround it.
It has become necessary to call the attention of European governments to a fact which is apparently so insignificant that the governments seem not to notice it. The fact is this: an entire people is being annihilated. Where? In Europe. Are there witnesses? One witness, the entire world. Do the governments see it? No.
Whether Canada ends up as o-ne national government or two national governments or several national governments, or some other kind of arrangement is, quite frankly, secondary in my opinion.
Whether Canada ends up as o­ne national government or two national governments or several national governments, or some other kind of arrangement is, quite frankly, secondary in my opinion...
The authoritarian one believed that an individual's rights were basically provided by governments and were determined by states. The other society - ours - tended to believe that a large portion of our rights were inherent and couldn't be abrogated by governments, even if this seemed necessary.
It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to making sure its people don't riot when oil prices rise.
Governments have been ceding power to big multinational corporations in the market. We see the manifest in a variety of ways. Where governments are giving up power to big international institutions like the World Trade Organization or NAFTA, which are disabling governments' ability to protect the rights of their own people.
The world has paid a heavy price for the lack of democracy in most of the Middle East. Operation Ajax [CIA code for the August 1953 coup] taught tyrants and aspiring tyrants there that the world's most powerful governments were willing to tolerate limitless oppression as long as oppressive regimes were friendly to the West and to Western oil companies. That helped tilt the political balance in a vast region away from freedom and toward dictatorship.
On the 27th we came to the Cascade Rapids. The first or Little Cascade has about two feet fall, the second or Grand Cascade, a mile farther, is about a six foot sheer drop.
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