Hi there,

The job of a journalist is to go to where the silence is — especially when those in power seek to silence voices that question or challenge power. That is what we do at Democracy Now! day in and day out, and we're able to do it because of financial support from people like you — people who trust and depend on our independent reporting. If you believe that freedom of speech and freedom of the press are essential to the functioning of a democratic society, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Economist Joseph Stiglitz Backs Bolivia’s Move to Nationalize Gas Resources

HeadlineMay 22, 2006

The Nobel Prize winning economist Joseph Stiglitz has publicly backed Bolivia’s decision to nationalize its vast gas and oil reserves and to renegotiate all contracts with foreign oil companies. Stiglitz met with Bolivian President Evo Morales on Friday. The former World Bank official said Bolivia was right to receive just compensation for its natural resources and that nationalization is part of a process of returning what already belonged to the Bolivian government. Stiglitz added that it is clear that the neo-liberal economic policies of Washington have failed the people of Bolivia.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top