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.

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

Humanity is undergoing, in the post-Cold War era, an economic and social crisis of unprecedented scale leading to the rapid impoverishment of large sectors of the world population.

Relentlessly feeding on poverty and economic dislocation, a New World Order was taking shape.

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.

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

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