Your money or your life; the tyranny of global finance, 3d ed.

Toussaint, Eric.

Haymarket Books

2005

487 pages

$18.00

Hardcover

HJ8899

Toussaint (president, Committee for the Abolition of Third World Debt) condemns globalization as a politically-driven process that is inseparable from the deregulation of capital markets and the increased "financialization" of every nation's economy. It not only causes, but also depends on, increased inequality within and between countries and is part of a global offensive of capital against the labor of workers and small producers. He describes this process in relation to the Third World debt crisis, the activities of the World Bank and the International Monetary Fund, and the growing "financialization" of industrial multinational corporations. The volume concludes with a discussion of alternatives to neoliberal globalization.

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