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Quotes from The Globalization of Poverty and the New World Order - Second Edition — Michel Chossudovsky

born 1946 Canada

← All quotes by Michel Chossudovsky

22 quotes

According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Macro-economic reform undermined the legal economy, reinforced illicit trade and contributed to the recycling of "dirty money" towards Peru's official and commercial creditors.

The Globalization of Poverty and the New World Order - Second Edition (2003)

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

The Globalization of Poverty and the New World Order - Second Edition (2003)

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

The Globalization of Poverty and the New World Order - Second Edition (2003)

Both Hindu, as well as Islamic fundamentalism, feed on the poverty of the masses.

The Globalization of Poverty and the New World Order - Second Edition (2003)

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

The Globalization of Poverty and the New World Order - Second Edition (2003)

Moreover, the entire international trading system is prone (from the lower echelons to top state officials) to corruption and bribery by foreign contractors.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Modern capitalism appears totally incapable of mobilizing these untapped human and resources.

The Globalization of Poverty and the New World Order - Second Edition (2003)

A new global financial environment has unfolded in several stages since the collapse of the Bretton Woods system of fixed exchange rates in 1971.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Legal and illegal activities had become inextricably intertwined.

The Globalization of Poverty and the New World Order - Second Edition (2003)

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.

The Globalization of Poverty and the New World Order - Second Edition (2003)

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 Globalization of Poverty and the New World Order - Second Edition (2003)

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

The Globalization of Poverty and the New World Order - Second Edition (2003)

America had come to the rescue of Korea's "troubled banks". The auction of commercial bank assets was an obvious fraud.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Macro-economic policy had accelerated the "expulsion" of landless peasants from the countryside leading to the formation of a nomadic migrant labor force moving from one metropolitan area to another.

The Globalization of Poverty and the New World Order - Second Edition (2003)

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

The Globalization of Poverty and the New World Order - Second Edition (2003)

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

The Globalization of Poverty and the New World Order - Second Edition (2003)

In return, US surpluses of genetically engineered maize (banned in the European Union) were being dumped on the horn of Africa, in the form of emergency aid.

The Globalization of Poverty and the New World Order - Second Edition (2003)

The collapse of the standard of living, engineered as result of macro-economic policy, is without precedent in Russian history: " We had more to eat during the Second World War."

The Globalization of Poverty and the New World Order - Second Edition (2003)

The civil war in Rwanda and other ethnic massacres were an integral part of US foreign policy, carefully staged in accordance with precise strategic and economic objectives.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Attribution

Quotes and notes from Wikiquote: Michel Chossudovsky (page history), available under CC BY-SA 4.0.