Fadhel Kaboub

Fadhel Kaboub, a seasoned economist and Under-Secretary-General, dives into the complex relationship between colonialism and climate action. He discusses how economic structures exploit the global South, draining $2 trillion annually. Kaboub advocates for decarbonization intertwined with decolonization, emphasizing monetary sovereignty and the need for cooperative strategies among southern nations. He critiques the fossil fuel industry’s impact on climate justice while promoting degrowth and equitable resource sharing as pathways to sustainable development.

Prof. Fadhel Kaboub discusses decolonizing international econ. Topics include: historical context of major international economic organizations, the impact of colonization and neo-colonialism, inadequacy of financial assistance for climate change in developing countries, the history of the reserve currency system, challenges in achieving monetary sovereignty, and transformative economic development policies for autonomy and sustainability.

Guest Fadhel Kaboub and host Steve discuss the problems with carbon markets as a solution to climate change, emphasizing the injustice of historic polluters buying carbon credits. They highlight the need for systemic change and a new vision for Africa and the global South, focusing on food sovereignty, energy sovereignty, and industrial policy. They also talk about power dynamics, the role of governments, and the importance of mobilizing for change, recognizing our interconnectedness and the need for a movement of movements.

Dr. Fadhel Kaboub discusses the Job Guarantee, contrasting it with UBI and addressing its potential to solve unemployment. The podcast delves into MMT principles, government financing, and the benefits of implementing a Job Guarantee Program.

Fadhel Kaboub, a Professor of Economics at Denison University, delves into Modern Monetary Theory's relevance in the Global South. He discusses the challenges developing countries face in achieving monetary and economic sovereignty while critiquing current economic policies. Noteworthy topics include the roles of BRICS, decolonization, and strategic local investments. Kaboub emphasizes the potential of renewable energy collaboration in Africa and critiques climate finance initiatives, advocating for genuine support for the Global South free from colonial legacies.