Dark Victory: The United States and Global Poverty

Dark Victory: The United States and Global Poverty

by Walden F. Bello, Shea Cunningham, Bill Rau
     
 

As we enter the 21st century, many countries of the South are in a state of economic crisis, with once optimistic visions of the future cruelly dashed by rising mass poverty, inequality, and hunger. At the same time, working people in the North find their living standards declining. Dark Victory reveals the roots of these global trends in a sweeping strategy of… See more details below

Overview

As we enter the 21st century, many countries of the South are in a state of economic crisis, with once optimistic visions of the future cruelly dashed by rising mass poverty, inequality, and hunger. At the same time, working people in the North find their living standards declining. Dark Victory reveals the roots of these global trends in a sweeping strategy of global economic rollback unleashed by the U.S. to shore up the North's domination of the international economy and reassert corporate control. Bello argues that lower barriers to imports, removal of restrictions on foreign investments, privatisation of state owned activities, reduction in social welfare spending, and wage cuts and devaluation of local currencies - all conditions of structural adjustment loans from the North - have had disastrous consequences. Dark Victory is now reissued with a new epilogue by the authors.

Product Details

ISBN-13:
9780935028614
Publisher:
Food First / Institute For Food & Development Policy
Publication date:
01/28/1999
Series:
Transnational Institute Series
Edition description:
NEW
Pages:
160
Product dimensions:
5.46(w) x 8.48(h) x 0.43(d)

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