The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.
Michel ChossudovskyLost in the barrage of images and self-serving analysis are the economic and social causes of the conflict.
Michel ChossudovskyRelentlessly feeding on poverty and economic dislocation, a New World Order was taking shape.
Michel ChossudovskyMainstream economics scholarship produces theory without facts ("pure theory") and facts without theory ("applied economics").
Michel ChossudovskyAccording to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.
Michel ChossudovskyThe 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 Chossudovsky