The Debt System A History of Sovereign Debts and their Repudiation

Éric Toussaint (Author)

$19.95

Publisher: Haymarket Books
Format: Book
Binding: pb
Pages: 280
Released: April 30, 2019
ISBN-13: 9781608463091

For as long as there have been rich nations and poor nations, debt has been a powerful force for maintaining the unequal relations between them. Treated as sacrosanct, immutable, and eternally binding, it has become the yoke of choice for imperial powers in the post-colonial world to enforce their subservience over the global south. In this ground-breaking history, renowned economist Éric Toussaint argues for a radical reversal of this balance of accounts through the repudiation of sovereign debt.
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