Why has the Great Recession, which has stunned the wealthy West, left the Majority World more or less unscathed? We show how the Majority World learned from the bitter experience of ‘structural adjustment’ to keep as far away from financial markets as possible, and listen to the voices of ordinary citizens in Latin America, Africa and Asia for the sense that’s so conspicuously absent from the deluded din of economic orthodoxy.
March 2011, Issue 440



