World Bank

The greatest debt crisis in history is upon us

We must engage with the just struggle to write off the uncollectible foreign debt which, aggravated by the social and economic effects of the pandemic, is threatening the survival of the peoples of the South.

April 13, 2021

Cup of coffee

Imperialism in a Coffee Cup

Capitalism has evolved new and far more effective ways to plunder than by sending armies to ransack poor countries and butcher their people. Just as chattel slavery was replaced with the silent compulsion of wage slavery, in which workers ‘freely’ sell their labour to capitalists, so colonial plunder has been replaced by what is euphemistically known as ‘free trade’.

July 18, 2019