The state is a regulator that tries to correct market failures, but doesn't allocate capital or interfere with market signals. Tada maybi could add some some words, as i am from the generation whose parents suffered the consequences ofte the i m f woldbank austerity policies. The first two decades were develp development al decades, despite all t shortcomings,. But this has been somehow high jacked by thes washington constantis policies. And it has also restricteed african states and gave birth to new power dynamics.
Olúfẹmi Táíwò guest hosts an interview with Daniela Gabor and Ndongo Samba Sylla on how financial power has shaped the global economic order from colonialism through Bretton Woods, the Washington Consensus, and today's Wall Street Consensus.
Read Daniela's work: people.uwe.ac.uk/Person/DanielaGabor
Read Ndongo's work: rosalux.de/en/profile/es_detail/N8SVHTS8SA/ndongo-samba-sylla?cHash=ccf0c8d371bde0fecbac8337bbc6f832
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Buy The Border Crossed Us by Justin Akers Chacón: haymarketbooks.org/books/1655-the-border-crossed-us