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by Bill Van Auken
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Global Research, April 18, 2009
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World Socialist Web Site – 2008-04-17
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With his trip to the Summit of the Americas in Trinidad and Tobago at the end of this week, President Barack Obama is attempting to put a new face on American imperialism’s pursuit of its strategic interests in Latin America, a region where the US once asserted unchallenged hegemony. These summits were first launched in 1994 by the Clinton administration with a meeting in Miami. Their principal purpose over the next decade was to further Washington’s agenda of establishing a Free Trade Agreement of the Americas (FTAA) based on US domination and “free-market” capitalism. This meant the scrapping of all barriers to foreign capitalist investment, deregulation of financial markets and the wholesale privatization of public enterprises and basic services. Read the rest of this entry » |
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In These New Times 