Cohen on The Post-American Mall

As Brazil and other emerging powers grow, underlying tensions become more apparent. Quoting Fernando Henrique Cardoso, author of Brazil’s economic miracle, we see this concern exemplified:

“There is a widespread discomfort, principally in big cities, that has emerged as the product of an insensitive occupation of urban space with little or no infrastructure and a low quality of life for a fast-growing population. Chaotic access to transport, deficient water supply, and poor services (education, health and security) fall well short of people’s growing demands.”

Is the path to economic, social, and political growth littered with materialism and limits on dissent?


6 thoughts on “Cohen on The Post-American Mall”

  1. As for the SAC/Cohen business, is there a reason why he is not being indicted. I understand this is a settlement. However, how is it that these big-shot bankers never have to face the music? Who cares if he has to pay billions out of his own accounts? He’ll still be rich, famous, and quite comfortable afterwards. I applaud the immensity of the fine that will be paid, but this is still short of personal accountability by highly-placed officers (who ought to have been aware of the shady business conducted under their management).

  2. How interesting! Things are rarely as they seem. It takes a special breed of person to really look at things how they are, especially when they aren’t how you want them to be. This economic growth that is happening in Brazil is a facade. To the outside it looks awesome, but when you have the kind of dishonesty that is happening, the facade will eventually rot out. I thought it was so interesting how the end of the article talked about how these emerging economies generally have leaders that don’t accept criticisms. Who wants to accept that things aren’t as great as they seem?

  3. This article just goes to show how deceiving appearances can be. Though Brazil seems to be developing as a nation at a rapid pace, it is not enough to cover up the social problems that still exist. Eventually, I am sure that these problems will catch up with the Brazilians and they will have to face the real problems.

  4. Everyone is attracted to the idea of making fast money, but they do not think of the consequences. As Brazil pushes to build for the Olympics, I’m sure it’s creating a lot of jobs and a lot of false security. I worry what will happen once it’s all over and they are left to face reality. It is so easy to live in your own little world of getting what you want when you want it, and be happy about low prices. But they should really be reminded how much inflation can hurt a nation.

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