Horn Of Africa The IMF and World Bank: Partners In Backwardness, #...

The IMF and World Bank: Partners In Backwardness, # 407 with Michael Hudson

-

Michael Hudson discusses his seminal work of 1972, Super Imperialism: The Economic Strategy of American Empire, a critique of how the US exploits foreign economies through IMF and World bank debt; difference between the IMF and World Bank; World Bank dysfunctional from the outset; loans made in foreign currency only; policy to provide loans for countries to devote their land to export plantation crops; US food and monetary imperialism; U.S. agricultural protectionism built into the postwar global system; promotion of dependency on the US as food supplier; food blackmail; perpetration of world poverty preferred; no encouragement of land reform; privatization of the public domain; America aided, not foreign economies; exploitation of mineral deposits; bribery; foreign nations politically controlled at the top; veto power for US only.

Guns & Butter
+ posts

Latest news

Biden reaffirms pledge to nominate Black woman to Supreme Court

Next UpKen Klippenstein Discusses Demands Of Striking Kellogg Workers Newsweek Editor- Wallace's Departure From Fox Appears To Lean Into Media...

The global energy crisis and Turkey’s slice of the pie

I doubt there is another subject so picked apart in the world than the production of energy, along with...

NY Times: U.K. Police Say They Are Investigating Downing Street Lockdown Parties

All across the world, the once untouchable high agents of the NWO just keep right on falling from grace...

Civil war expert recoils in horror at interviews with Trump fans: ‘They don’t want democracy anymore’

The U.S. recently fell out of the rankings of democratic nations, and one expert worries that it will happen again --...

Must read

Biden reaffirms pledge to nominate Black woman to Supreme Court

Next UpKen Klippenstein Discusses Demands Of Striking Kellogg Workers Newsweek...

The global energy crisis and Turkey’s slice of the pie

I doubt there is another subject so picked apart...

You might also likeRELATED
Recommended to you