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Episode 186: Nativism in Media (Part III) - IMF, NAFTA and Global Inequality By Design

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The Global Debt System and the Neoliberalism of the 1980s and 1990s

Hard-line neoliberal policies were implemented predominantly during the 1980s and 1990s. In the 21st century, the international financial institutions had to pull back a little bit because of huge protests across Latin America and African countries. The situation got so bad that there was actually a rebellion within the bureaucracy of these organizations. So this kind of discourse around the structural adjustment programs being voluntarily entered into is simply untenable for a couple of reasons. Governments everywhere need to be able to access global finance in order to fund, particularly in the global south,.In order to fund development and build hospitals and schools.

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