The IMF and World Bank: Partners in Backwardness _ on Anti-War Progressive Teach-in

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The IMF and World Bank: Partners in Backwardness
–Dr. Michael Hudson

Michael Hudson discusses his seminal work of 1972, Super Imperialism: The Economic Strategy of American Empire, a critique of how the US exploits foreign economies through IMF and World bank debt; difference between the IMF and World Bank; World Bank dysfunctional from the outset; loans made in foreign currency only; policy to provide loans for countries to devote their land to export plantation crops; US food and monetary imperialism; U.S. agricultural protectionism built into the postwar global system; promotion of dependency on the US as food supplier; food blackmail; perpetration of world poverty preferred; no encouragement of land reform; privatization of the public domain; America aided, not foreign economies; exploitation of mineral deposits; bribery; foreign nations politically controlled at the top; veto power for US only.

Produced, edited and mixed by Bonnie Faulkner, Yarrow Mahko and Tony Rango
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This show was broadcast on June 22, 2019.

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The Anti-war Progressive Teach-in broaches upon some of the most highly charged subjects of our day—War & Peace, national healthcare, women’s rights, human rights, civil rights, torture, vets against the war, freedom, democracy, protest, demonstrations, etc. We scour the world to find and gather debates and presentations that are extremely informative and educational. Related subjects are also discussed. It provides key information for the uninitiated and the initiated alike.



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