Naturally, the U.S. financial crisis will decrease the relative moral and material weight of American leadership. The irresponsibility of large banking institutions, the probably criminal behavior of very important companies in the stock market, and the continued negligence of the government show that today in the U.S. unscrupulous behavior in the economic arena is not an isolated phenomenon.
This is serious, given that the U.S. is not only the most important nation in the planet, it is, as well, a sort of role model to the rest of the world. With what moral authority can the U.S. government fight against international corruption, defend transparency and preach the virtues of globalization after this shameful spectacle? There is no doubt but that this crisis will severely affect America’s ability to influence the rest of the world. — Carlos Alberto Montaner [ READ MORE ]
| Carlos Alberto Montaner is a Cuban-born writer, journalist, and former professor. He is one of the most influential and widely-read columnists in the Spanish-language media, syndicated in dozens of publications in Latin America, Spain and the United States. He is also vice president of the Liberal International, a London-based federation devoted to the defense of democratic values and the promotion of the market economy. He has written more than twenty books, including Journey to the Heart of Cuba; How and Why Communism Disappeared; Liberty, the Key to Prosperity; and the novels A Dog’s World and 1898: The Plot. He is now based in Madrid, Spain. |
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