Colonialism or sovereignty? How the global financial system traps countries in debt
Geopolitical Economy Report
00:00
Rethinking the Global Financial System
The chapter examines the impact of the global financial system on developing countries and highlights the need for a shift in thinking. It discusses the export-oriented nature of the system, the neglect of social benefits and low incomes, and the deliberate policy of keeping labor costs low. The chapter also explores the idea of creating a new financial mechanism that serves the interests of all countries.
Transcript
Play full episode
