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 sovereign debt.
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.
- ISBN13 9781608463091
- Publish Date 6 June 2019 (first published 23 April 2019)
- Publish Status Active
- Publish Country US
- Imprint Haymarket Books
- Format Paperback (US Trade)
- Pages 280
- Language English