Debt - Stop the Wars at Home and Abroad!

The International Food Crisis and Proposals To Overcome It

September 15, 2022 UNAC Editor Global Trade, International Aid and Debt, Reparations, War on the Poor

By Eric Toussaint and Omar Aziki, published on Socialist Action, September 6, 2022 This excellent piece speaks clearly about the ways in which the neoliberal global economy impoverishes freeholder farmers and the poor in the resource wealthy global south. [jb] [Editor’s note: We reprint below the recent article by leaders of the Committee for the Abolition of Illegitimate Debt (CADTM).[…]

Debt-Entrapping: The US Student Loan Racket

September 14, 2019 UNAC Editor Education, Financial Vultures

by Stephen Lendeman, published on Global Research, September 12, 2019. Entrapping students into longterm or permanent debt bondage is part of a government/corporate scheme to enrich private lenders. Because of the high cost of higher education, millions of students need large loans to pay tuition, fees, and other expenses. Some face burdens up to $100,000 or higher. If unpaid after[…]

Argentina: Macri’s Neoliberal Fantasies

June 12, 2018 UNAC Editor Argentina, Counter Revolution

May 25 protest in Buenos Aires against the Argentine government’s negotiations with the IMF for a $30 billion loan. Inflation has been spiraling, and the peso has plunged in value. Many fear that Macri’s neo-liberal measures will augment a return to the conditions of the 2001-2002 financial collapse, when one in five Argentines were without a job. (Reuters) By Claudio[…]