Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor.
Michel ChossudovskyFor the West, the enemy was not "socialism" but capitalism. How to tame and subdue the polar bear, how to take over the talent, the science, the technology, how to buy out the human capital, how to acquire the intellectual property rights?
Michel ChossudovskyThe budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.
Michel ChossudovskyHumanity 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.
Michel Chossudovsky