Stabroek News on Nostr: It’s not the economy, stupid ========== The article discusses the budget in Guyana ...
It’s not the economy, stupid
==========
The article discusses the budget in Guyana and its impact on the country's democracy. The budget is criticized for being profligate and reckless, with a focus on infrastructure rather than addressing social issues. The author argues that the budget reveals the weakening of the Guyana currency and the dangers of relying on oil revenue. The increasing financial autonomy of the government is seen as a threat to democracy, as it reduces the need for accountability and transparency. The article calls for civil society, a free press, and constitutional reform to defend democracy in the face of the influx of oil money. The role of smaller parties in demanding accountability is highlighted, and the subversive role of oil money in elections is mentioned. The article concludes by emphasizing the importance of real democracy in addressing social issues and injustices.
#Budget #Guyana #Democracy #OilRevenue #FinancialAutonomy
https://www.stabroeknews.com/2024/02/03/opinion/editorial/its-not-the-economy-stupid/
==========
The article discusses the budget in Guyana and its impact on the country's democracy. The budget is criticized for being profligate and reckless, with a focus on infrastructure rather than addressing social issues. The author argues that the budget reveals the weakening of the Guyana currency and the dangers of relying on oil revenue. The increasing financial autonomy of the government is seen as a threat to democracy, as it reduces the need for accountability and transparency. The article calls for civil society, a free press, and constitutional reform to defend democracy in the face of the influx of oil money. The role of smaller parties in demanding accountability is highlighted, and the subversive role of oil money in elections is mentioned. The article concludes by emphasizing the importance of real democracy in addressing social issues and injustices.
#Budget #Guyana #Democracy #OilRevenue #FinancialAutonomy
https://www.stabroeknews.com/2024/02/03/opinion/editorial/its-not-the-economy-stupid/