The Debt System

by Éric Toussaint

2020-12-29 22:08:04

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For as long as there have been rich nations and poor nations, debt has been a powerful force for maintaining the unequal relations between them. Treated as sacrosanct, immutable, and eternally binding, it has become the yoke of choice for imperial po... Read more
For as long as there have been rich nations and poor nations, debt has been a powerful force for maintaining the unequal relations between them. Treated as sacrosanct, immutable, and eternally binding, it has become the yoke of choice for imperial powers in the post-colonial world to enforce their subservience over the global south. In this ground-breaking history, renowned economist Eric Toussaint argues for a radical reversal of this balance of accounts through the repudiation of sovereigndebt.Eric Toussaint, Senior Lecturer at the University of Liege, is President of Committee for the Abolition of Illegitimate Debts, Belgium. He is the co-author of Debt, the IMF, and the World Bank, Sixty Questions, Sixty Answers . Less

Book Details

Publication date April 23, 2019
Languageeng
ISBN9781642590166
Éric Toussaint, Senior Lecturer at the University of Liège, is president of Committee for the Abolition of Illegitimate Debts, Belgium. He is the author of “Debt, the IMF, and the World Bank, Sixt...

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