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Thought for Today

 

Right through the ages we find this universal sense of Divine inspiration - this feeling that a wisdom beyond that of man shapes the destiny of States; that the institutions of men are but the imperfect instruments of a Divine and beneficent energy; helping their higher aims. Should not we, sir, grant the prayer of the many petitions that have been presented to us, by recognising at the opening of our great future our dependence upon God?
Delegate John Glynn, South Australia, Constitutional Convention, 1897

 

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Vodka - Cola (C.Levinson)
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Vodka - Cola (C.Levinson)

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Vodka-Cola is a witty, amusing, thought-provoking, sensational look at the East-West detente. Charles Levinson strips off the mask of "cold war", newspaper headline, to show that trade relations between the "Vodka" block and the "Cola" front have flourished and boomed, Berlin Wall, Cuban Missile or Vietnam crises. We may think of detente as the outcome of political efforts to secure peace, but Mr. Levinson shows that detente has been a response to economic relations which reach back far beyond the overtures of Nixon and Willy Brandt. Western investors discovered the advantages of Communist low-paid, strike-free labour as early as the Eastern bloc discovered its need for Western technology and investment. Together they developed a sophisticated system of buyback agreements to side step non-convertible Eastern currencies. The authoritarian elites on both sides operate an "Overworld" of organized conspiracy, which mirrors the "Underworld" of organized crime. Richard Nixon even managed to bring the two together through his ties with Pepsi-boss Kendall and Mafia-boss Lansky. Levinson paints a witty and lively portrait of the money deals and trade agreements concocted by the Overworld financiers.





Last Updated: Monday, 20 May 2013 04:58