The Debt System - A History of Sovereign Debts and their Repudiation

Éric Toussaint

Haymarket Books

2019

270 páginas

9h 0m

ISBN-10: 1608463095

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.