No effective general theoretical orientation has been provided to guide realistic and holistic development agendas, writes Vijay Prashad. And no outlines seem readily available for an exit from the permanent debt-austerity cycle.
The World Bank has sounded the alarm, but the forces of “centrism” — beholden to billionaires and the politics of austerity — refuse to pivot away from the neoliberal catastrophe, writes Vijay Prashad.