Many people around the globe were cheered by the dramatic rescue of the 33 miners trapped underground in Chile for the past 69 days.
The successful rescue effort was Chile's victory but it was a victory, as the Chilean President pointed out also based on considerable help from international partners including NASA, the U.S.,Japan, Germany, Canada, Australia and a number of other countries as well as the key contributions of a number of innovative multinational corporations, particularly those who provided the special drills used in reaching the men, the comunications devices that kept them from being isolated and the special clothing that kept them more comfortable and helped fight off infections.
The rescue was a courageous triumph of the human spirit and sense of community, optimism over pessimism, faith over scepticism, co-operation over selfish individualism and good fortune over ill luck. The Chilean President Sebastian Pinera who deserves congratulations for the determination to find and rescue the men seems certain to use the opportunity that fate has offered him to bring about progressive reform in Chilean society as part of the healing process that has gone on in Chile since the Pinochet era. He has stated he has drawn the proper lessons from the experience and will in the coming months be offering Chilean working people a ''new deal'' governing safety, working conditions, compensation and most importantly the dignity of working people no matter where they work.
Complex problems can be solved where human creativity, courage and co-operation are marshalled toward their solution.
This was true in Chile.
It can be true globally in the conquest of disease, poverty and unemployment.
My blog explores the financial crash, the rediscovery of Keynes, the debate between Keynes and the monetarists, the laissez-faire school versus the Keynesian school , the state of modern macroeconomics, the problems of unemployment,economic growth,international trade, public debt and deficits and the issue of inflation versus deflation. It reviews and debates economic policy in North America, Europe and Asia.It also from time to time comments upon culture, cinema and politics.

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