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.
Michel ChossudovskyThe budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.
Michel ChossudovskyGlobal poverty is an "input" on the supply side; the global economic system feeds on cheap labor.
Michel ChossudovskyModern capitalism appears totally incapable of mobilizing these untapped human and resources.
Michel Chossudovsky