Peoples Geography — Reclaiming space

Creating people's geographies

Recent microcredit critiques

… as expected, they’re coming in. Its always worth remembering that the corporate, neoliberal model is not the only type of microcredit available – the corporate types, both public and private sector jumped on the bandwagon and siezed the innovation as a panacea and substitute in place of more lasting structural change … Yunus still more than deserves his Nobel Prize for his achievements, especially when we do not let the pendulum swing so far the other way, from wild acclamation to dismissive declamation that we do not see the achievements of this savings based approach to development..

  • Alexander Cockburn, ‘A Nobel Peace Prize for Neoliberalism?: The Myth of Microloans’, Counterpunch, Oct 21-22, 2006
  • Walden Bello, ‘Microcredit, macro issues’, The Nation, October 2006

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This entry was posted on 23 October, 2006 by in Microcredit, Money and Debt, ParEcon, Political Economy, Racism, Venezuela.

Timely Reminders

"Those who crusade, not for God in themselves, but against the devil in others, never succeed in making the world better, but leave it either as it was, or sometimes perceptibly worse than what it was, before the crusade began. By thinking primarily of evil we tend, however excellent our intentions, to create occasions for evil to manifest itself."
-- Aldous Huxley

"The only war that matters is the war against the imagination. All others are subsumed by it."
-- Diane DiPrima, "Rant", from Pieces of a Song.

"It is difficult
to get the news from poems
yet men die miserably every day
for lack
of what is found there"
-- William Carlos Williams, "Asphodel, That Greeny Flower"