Democracy Uprising
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Democracy Uprising

  • About
    • About Mark Engler
    • About Democracy Uprising
  • Books
    • This Is An Uprising
    • How To Rule the World
  • Topics
    • All Social Movements Religion U.S. Politics / Elections War / Militarism Book Reviews Environment Essays / First Person Global Economy Immigration Labor Latin America
      2023-2025

      Could we be entering a ‘movement moment’ against…

      Social Movements

      Trump’s backpedaling shows he’s not invincible

      Social Movements

      It’s going to take multiple strategies to win…

      Social Movements

      A new wave of movements against Trumpism is…

      Social Movements

      How to make sure your disruptive protest helps…

      Latest Articles

      Why protests work, even when not everybody likes…

      Social Movements

      Harold Washington’s lessons for taking on a political…

      Social Movements

      Strategy is a Craft

      Social Movements

      Could we be entering a ‘movement moment’ against…

      Social Movements

      Trump’s backpedaling shows he’s not invincible

      Social Movements

      It’s going to take multiple strategies to win…

      Social Movements

      A new wave of movements against Trumpism is…

      Social Movements

      How to make sure your disruptive protest helps…

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      Why protests work, even when not everybody likes…

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      Harold Washington’s lessons for taking on a political…

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      Strategy is a Craft

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      Reverend Billy’s Holiday Shopocalypse

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      Toward the “Rights of the Poor”

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      The Pope and the Poor

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      Will the Next Pope Embrace Liberation Theology?

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      Remembering Romero

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      John Paul II’s Economic Ethics

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      Against the God of Free Trade

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      Could we be entering a ‘movement moment’ against…

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      Trump’s backpedaling shows he’s not invincible

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      It’s going to take multiple strategies to win…

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      A new wave of movements against Trumpism is…

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      Harold Washington’s lessons for taking on a political…

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      Strategy is a Craft

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      Does It Make Sense to Protest a President…

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      Is Rambo Still A Republican?

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      The Ascent of Niall Ferguson

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      Those Who Don’t Count

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      Six Essays About War and About Peace

      War / Militarism

      The Dangerous Dignity of War

      Book Reviews

      The Pan American

      Book Reviews

      The Godfather of Microcredit

      Book Reviews

      Capitalism as Catastrophe

      Book Reviews

      Four Ways of Looking at an Aztec Eagle

      Book Reviews

      The Ascent of Niall Ferguson

      Book Reviews

      Ordinary Outrages

      Book Reviews

      No Better Place

      Book Reviews

      In God’s Country

      Environment

      Why Wendell Matters

      Environment

      The Gulf at the Gas Station

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      Climate Disobedience

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      Farming the Everglades

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      The Winter of the Climate Denier

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      Climate of Change: An “Inside-Outside” Strategy Against Global…

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      Provoking an American Climate Crisis

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      The Real “Farmer” Story: So God Made High-Fructose…

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      Is Rambo Still A Republican?

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      Meet the Bailout’s New Slush Fund for Corporate…

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      Jeff Bezos Has Enough! It’s Time for a…

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      The Godfather of Microcredit

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      The World Is Not Flat

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      When Undocumented Activists Infiltrated ICE

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      Immigration Economics: An Interview with Professor Giovanni Peri

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      Science Fiction From Below

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      Four Ways of Looking at an Aztec Eagle

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      Treated Like a Criminal

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      When Sanctuary is Resistance

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      The Massive Immigrants Rights Protests of 2006 Are…

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      This new model for upholding labor law may…

      Labor

      Democrats Won Power in Several States. Will They…

      Labor

      The Case for a Social Distancing Wage

      Labor

      The Seattle Protests Showed That Another World Is…

      Labor

      Reviving the General Strike

      Labor

      Jeff Bezos Has Enough! It’s Time for a…

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      There’s Still Power in a Strike

      Labor

      The Amazon Effect: Sweat, Surveillance, Exploitation

      Latin America

      How movements can maintain their radical vision while winning…

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      The Pan American

      Latin America

      Lessons from the Pledge of Resistance

      Latin America

      The Children of Intervention

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      Against Shithole Nationalism

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      The Last Porto Alegre

      Latin America

      Kissinger Is Not Our Friend

      Latin America

      Even If You Have Nothing to Hide

  • Translations
    • All Italiano Japanese Português Arabic Thai Chinese Deutsch Español Français
      Translations

      Jordlösa kombinerar radikala visioner med praktiska reformer (Swedish)

      Español

      Hacer Que Nuestras Demandas Sean Tanto Orácticas Como…

      Italiano

      C’è più di un modo per colpire il…

      Português

      As reformas não reformistas de André Gorz mostram…

      Español

      Las reformas no reformistas de André Gorz

      Deutsch

      Die nicht-reformistischen Reformen von André Gorz

      Italiano

      Richieste dei movimenti: sia pratiche che visionarie

      Chinese

      泛美洲人 爱德华多·加莱亚诺的世界 (Chinese)

      Italiano

      C’è più di un modo per colpire il…

      Italiano

      Richieste dei movimenti: sia pratiche che visionarie

      Italiano

      La strategia di Gandhi per il successo –…

      Italiano

      Le promesse infrante di Obama

      Italiano

      Guantanamo deve sparire

      Italiano

      IL BANK TRANSFER DAY: UN SUCCESSO

      Italiano

      Come il movimento Occupiamo Wall Street si sta…

      Italiano

      Economia tabù

      Japanese

      ガンジーはどのように勝利したのか? (Japanese)

      Japanese

      Truth Versus Superpower (Japanese)

      Japanese

      Bush’s Bad Business Empire (Japanese)

      Japanese

      Revenge of the Combat Cartoonist (Japanese)

      Japanese

      Bush’s Uneasy Mexican Visita (Japanese)

      Japanese

      Mark Twain in Iraq (Japanese)

      Japanese

      Globalization’s “Lost Decade” (Japanese)

      Japanese

      Hawks Say the Damnedest Things (Japanese)

      Português

      As reformas não reformistas de André Gorz mostram…

      Português

      A vida na Nação Prisão

      Português

      Outro pretexto?

      Português

      Imigração tem efeito positivo sobre emprego e salários

      Português

      O império hipotecado

      Arabic

      Abandoning the World Bank (in Arabic)

      Arabic

      The Return of Daniel Ortega (in Arabic)

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      Where’s The Jubilee? (in Arabic)

      Arabic

      The Last Porto Alegre (in Arabic)

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      Seattle At Five (in Arabic)

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      Is Market Access the Answer to Poverty? (in…

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      Mexico’s Democratic Transition Still Incomplete (in Arabic)

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      2006: A Global Justice Year in Review (In…

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      WTO: Best Left For Dead? (In Thai)

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      泛美洲人 爱德华多·加莱亚诺的世界 (Chinese)

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      Die nicht-reformistischen Reformen von André Gorz

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      Als Martin Luther King seine Feuerwaffen aufgab

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      Mikrokredite: Die Entlassung eines Nobelpreisträgers

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      CAFTA – am besten stillschweigend beerdigen

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      Bush in Mexiko

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      Das globale Duell in Evian

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      Die Rückkehr des Daniel Ortega

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Global EconomyLatin America2005-2006

Globalization’s Watchdogs

by Mark Engler May 26, 2006
written by Mark Engler May 26, 2006
Globalization’s Watchdogs

Railing against Bolivia’s oil and gas nationalization, the media’s “free trade” ideologues value markets over democracy.

Published in Foreign Policy In Focus.


When Bolivian President Evo Morales announced plans to nationalize his country’s oil and natural gas resources in early May, he did more than lay out a promising path for development. He also provided an ideal opportunity to illustrate how large segments of the U.S. and British press have adopted roles as watchdogs for corporate globalization. Since Bolivia’s energy exports go to Brazil and Argentina rather than the United States, and since the nationalization is unlikely to significantly alter the price of natural gas on international markets, the direct impact on our country is minimal. Yet in the weeks since Morales took action, we have been treated to a wealth of hysterical commentary.

As Condoleezza Rice criticized South American “demagoguery” and industry groups warned that Morales was “embarking on a dangerous path,” the editorial pages charged to advance the front. The Wall Street Journal predictably led the way, calling “abrogation of contracts” the latest “Latin craze.” It echoed The Economist’s warning from London that “Bolivia may be moving backwards” and “its people are likely to grow even poorer.”

These business-oriented publications actually sounded subdued compared to some rival dailies. The Los Angeles Times wrote, “Morales put his head in an oven this week and turned on the natural gas. There are only two likely outcomes: an explosion that ends his political career—or a slow suffocation for his people.”

New York’s Newsday also worked up a rabid editorial assault. There, columnist James Pinkerton derided Bolivia as “a country that is nationalizing, or, if you prefer, stealing, foreign-owned assets.” The paper’s editorial page then grouped Bolivia with Cuba and Venezuela in an “Axis of Idiocy” and asserted that “nationalization of major industries has proved to be a road to economic ruin in an era of globalization.”

Given that little nationalization of major industries has occurred in this era of globalization, Newsday left readers wondering about how this idea has been “proven”—at least to anyone who wants evidence instead of just blind market ideology. Nor did the paper give any indication why an increasing number of Latin American countries are inviting sure “failure” by bucking the policies of neoliberal globalization. For its part, the Los Angeles Times gave some insight by remarking, “It’s true that [Bolivia’s] resources have long been exploited by foreigners with little benefit to the indigenous population.” But it nevertheless contended that “sending in the army to take over the gas fields isn’t the answer to Bolivia’s problems.”

What the alarmist viewpoints lack most is context. In predicting economic disaster for a re-nationalized Bolivian energy sector, the editorials turn a blind eye to the two-decade disaster known as neoliberalism. In the 1980s Bolivia was on the cutting edge of the trend toward privatization, adhering to an International Monetary Fund (IMF)-recommended structural adjustment program. The pro-corporate reforms proved profitable for the multinational energy companies involved, but they utterly failed to benefit the Bolivian people. Today 64% of the population lives in poverty, with a majority of people scraping by on less than $2 per day. A March 2006 report by the Center for Economic and Policy Research shows that, according to the IMF’s own data, real per-capita gross domestic product (GDP) in Bolivia is lower now than it was 27 years ago.

Despite the general trend, there were some levelheaded voices in the media. These exceptions went far in debunking many of the Evo-bashers’ doomsday scenarios. Usually a defender of “free trade” policies, The New York Times ran an op-ed entitled, “All Smoke, No Fire in Bolivia.” It noted that foreign energy companies will not be kicked out of Bolivia under Morales’ framework, but merely will have to cooperate with the state on less lucrative terms than before. While private partners will remain, Evo’s plan will increase state control of natural resources and force renegotiation of the suspect corporate contracts signed during privatization. As a result, a greater share of the proceeds from oil and gas will be redirected to benefit Bolivia’s poor. “The companies will still profit under the new rules,” commentator William Powers wrote; “they won’t see the huge profits they enjoyed under lax Bolivian control and the global rally in commodities prices, but they will make money.”

The London Independent observed, “Energy reserves are national assets which the state has a right to control and benefit from.” And even the stodgy Financial Times, while generally suspicious of Morales, conceded “there is nothing intrinsically wrong in trying to maximize royalties and taxes” from the use of a country’s natural resources.

Not all economists think that Evo’s wager was a bad one—and some think the gamble could pay off big. Especially galling for critics has been Joseph Stiglitz’s public show of support this week for Bolivia’s re-nationalization. After meeting with Morales on May 17, Stiglitz, a Nobel-prize winning economist and former chief economist at the World Bank, argued that Bolivia “felt all the pains [of neoliberal structural adjustment] but has experienced no gains—it’s clear that it must have a change in its economic model.”

Stiglitz also contended that the sale of Bolivian hydrocarbons to private interests was illegal, since it was never approved by the country’s Congress. “When a person was robbed of a painting and then it is given back to him,” Stiglitz argued, “we don’t call it re-nationalization, but return of a property that was his to begin with.”

For all their professed concern about democratic reform, this is a point that the critics consistently miss. Morales was elected in a landslide on a platform vowing nationalization. That he actually kept a campaign promise may seem bizarre to the watchdogs of corporate globalization, but it’s something that should be lauded. With their commentaries filled with alarm, too few papers took note of a remarkable development: This time, when democracy and neoliberal economics collided, democracy won.

__________

Research assistance for this article provided by Kate Griffiths.

Mark Engler

Mark Engler is a writer based in Philadelphia and an editorial board member at Dissent magazine. His latest book, written with Paul Engler, is entitled This Is an Uprising: How Nonviolent Revolt Is Shaping the Twenty-First Century.

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The Author

Mark Engler is a writer based in Philadelphia and an editorial board member at Dissent magazine. His latest book, written with Paul Engler, is entitled This Is an Uprising: How Nonviolent Revolt Is Shaping the Twenty-First Century (Nation Books). Mark’s full bio is available here.

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Mark’s Articles Appear In:

  • Dissent
  • The Nation
  • The New Republic
  • N+1
  • Salon.com
  • The Los Angeles Times
  • Waging Nonviolence
  • Boston Review
  • The Atlantic
  • Rolling Stone
  • The Guardian
  • In These Times
  • TomDispatch
  • New Internationalist
  • Yes! Magazine
  • Audubon Magazine
  • Jacobin
  • Mother Jones
  • Le Monde diplomatique
  • Grist Magazine
  • Rebelión
  • The San Francisco Chronicle
  • The Progressive
  • Newsday
  • openDemocracy
  • Truthout
  • Christian Science Monitor
  • Dollars & Sense
  • Progreso Semanal
  • Chicago Reader
  • Sin Permiso
  • Baltimore Sun
  • The Ecologist
  • TruthDig
  • Asia Times
  • Sierra Magazine
  • Labor Notes
  • New Politics
  • The Catholic Worker
  • The Des Moines Register
  • Facebook
  • Twitter
  • Email

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