The Cayman Islands, a British Crown colony in the Caribbean, for instance, is the fifth largest banking center in the world.

Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor.

The experience of Somalia shows that famine in the late 20th century is not a consequence of a shortage of food. On the contrary, famines are spurred on as result of a global oversupply of grain staples.

Mainstream economics scholarship produces theory without facts ("pure theory") and facts without theory ("applied economics").

The achievements of past struggles and the aspirations of an entire nation are [being] undone and erased.... No Agent Orange or steel pellet bombs, no napalm, no toxic chemicals: a new phase of economic and social (rather than' physical) destruction has unfolded. The seemingly neutral and scientific tools of macro-economic policy constitute a non-violent instrument of recolonization and impoverishment.

Lost in the barrage of images and self-serving analysis are the economic and social causes of the conflict.

The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.