Skip navigation

Daily Archives: August 1st, 2010

Economic Crisis

DEBT, THE IMF, AND THE WORLD BANK: SIXTY QUESTIONS, SIXTY ANSWERS

Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers
By Éric Toussaint and Damien Millet

Translated by Judith Abdel Gadir, Elizabeth Anne, Vicki Briault, Judith Harris, Brian Hunt, Christine Pagnoulle and Diren Valayden, with the collaboration of Francesca Denley, Virginie de Romanet and Stephanie Jacquemont

http://www.monthlyreview.org/books/sixtyquestions.php

ISBN: 978-1-58367-222-8
$17.95 paperback
368 pages
September 2010

Economics / Imperialism & War

Log in to the Monthly Review Store before adding this item to your shopping cart and receive a 20% discount

Buying Directly from the MR Store Helps Support Monthly Review

BUY THIS BOOK

“This excellent handbook on the Washington-based international financial institutions and the debt mechanism by means of which the Global South is subjugated is not only an indispensable tool for pro-poor anti-debt activists, but also a very useful synthesis that can and should be used in classrooms.” —Gilbert Achcar, Professor of Development Studies School of Oriental and African Studies, University of London.

“Éric Toussaint is one of the brightest and most influential economists of his generation. He is the founder of the CADTM, and has gained a worldwide reputation for his exemplary struggle against the ‘odious debt’ strangling countless countries in the South.” —Jean Ziegler, former UN Special Rapporteur

Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market” policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. Integral to this arrangement are the international economic institutions ostensibly created to safeguard the stability of the global economy—the International Monetary Fund (IMF) and the World Bank —and the imposition of massive foreign debt on poor countries. The authors explain in simple language, and ample use of graphics, the multiple contours of this exploitative system, its history, and how it continues to function in the present day.

Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectives—legal, economic, moral. Presented in an accessible and easily-referenced question and answer format, Debt, the IMF, and the World Bank is an essential tool for the global justice movement.

Éric Toussaint, a doctor in political science, is president of the Committee for the Abolition of Third World Debt, CADTM Belgium. He is author of A Diagnosis of Emerging Global Crisis and Alternatives, and The World Bank: A Critical Primer, among other books.

Damien Millet teaches mathematics and is spokesperson for CADTM France. He is the author of L’Afrique sans dette, and co-author with Éric Toussaint of Tsunami Aid or Debt Cancellation.

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

Cold Hands & Quarter Moon at MySpace: http://www.myspace.com/coldhandsmusic

Cold Hands & Quarter Moon Profile: https://rikowski.wordpress.com/cold-hands-quarter-moon/

The Ockress: http://www.theockress.com

Wavering on Ether: http://blog.myspace.com/glennrikowski

Dharma Initiative

THE RISE AND FALL OF NEOLIBERALISM

The Rise and Fall of Neoliberalism: The Collapse of an Economic Order?
London and New York: Zed Books, 2010
Edited by Kean Birch and Vlad Mykhnenko

Hardback: £70.00   ISBN: 9781848133488
Paperback: £18.99  ISBN: 9781848133495

Book website: http://www.zedbooks.co.uk/book.asp?bookdetail=4351 

About the Book

The recent, devastating and ongoing economic crisis has exposed the faultlines in the dominant neoliberal economic order, opening debate for the first time in years on alternative visions that do not subscribe to a ‘free’ market ethic. In particular, the core contradiction at the heart of neoliberalism – that states are necessary for the functioning of free markets – provides us with the opportunity to think again about how we want to organise our economies and societies. The Rise and Fall of Neoliberalism presents critical perspectives of neoliberal policies, questions the ideas underpinning neoliberalism, and explores diverse response to it from around the world.

In bringing together the work of distinguished scholars and dedicated activists to question neoliberal hegemony, the book exposes the often fractured and multifarious manifestations of neoliberalism which will have to be challenged to bring about meaningful social change.

What People Have Said About the Book

‘Since the 1970s, the politics of “neoliberalism,” based on the purported concern to minimize state interference in the economy and thus to unleash “free” markets, have been mobilized at various sites and scales across the world economy. This book provides useful intellectual tools for deciphering the ideological, social and institutional foundations of neoliberalism and its wide-ranging implications for the still ongoing regulatory reorganization of capitalism.’ – Neil Brenner, New York University 

‘This is an outstanding book not only because of the sophisticated critiques offered by some of the most highly regarded thinkers on the topic of the destruction and misery wrought through neoliberal capitalism, but also because its forward looking emphasis on a more egalitarian and hopeful future offers insights about the work that needs to be done by activists and scholars alike. Moreover, this book helps us recognize that the emergence of any talk of a post-neoliberal era is premature beyond helping to construct a road map for ways citizens of the world can collectively, and deliberately, move forward.’ – Nik Heynen, University of Georgia

‘This timely and wide ranging book traces the changing contours of neoliberalism, demonstrating how market-oriented policies gave rise to a globally hegemonic political-economic project. The emphasis is on identifying the different forms neoliberalism takes and the diverse responses to it. At a juncture when this political-economic project is under increasing scrutiny from supporters and opponents alike, the book challenges existing conceptions of neoliberalism and makes an important contribution to the reinvigorated search for political alternatives.’ – Wendy Larner, Professor of Human Geography and Sociology, University of Bristol

‘A timely volume on the nature, varied manifestations, and above all limitations of a an economic order that is failing so spectacularly with the financial crisis. Highly recommended for academics, students, or for that matter anyone interested in the politics of our times.’ – Magnus Ryner, Professor of International Relations, Oxford Brookes University.

Table of Contents:
1. Introduction: A World Turned Right-Way Up – Kean Birch and Vlad Mykhnenko

Part 1: The Rise of Neoliberalism

2. How Neoliberalism Got Where It Is: Elite Planning, Corporate Lobbying and the Release of the Free Market – David Miller

3. Making Neoliberal Order in the United States – Kean Birch and Adam Tickell

4. Neoliberalism, Intellectual Property and the Global Knowledge Economy – David Tyfield

5. Neoliberalism and the Calculable World: The Rise of Carbon Trading – Larry Lohmann

6. Tightening the Web: The World Bank and Enforced Policy Reform – Elisa van Waeyenberge

7. The Corruption Industry and Transition: Neoliberalising Post-Soviet Space? – Adam Swain, Vlad Mykhnenko and Shaun French

8. Remaking the Welfare State: From Safety Net to Trampoline – Julie MacLeavy
Part 2: The Fall of Neoliberalism

9. Zombieconomics: The Living Death of the Dismal Science – Ben Fine

10. From Hegemony to Crisis? The Continuing Ecological Dominance of Neo-Liberalism – Bob Jessop

11. Do It Yourself: A Politics for Changing Our World – Paul Chatterton

12. Dreaming the Real: A Politics of Ethical Spectacles – Paul Routledge

13. Transnational Companies and Transnational Civil Society – Leonith Hinojosa and Anthony Bebbington

14. Defeating Neo-liberalism: A Marxist Internationalist Perspective and Programme – Jean Shaoul

15. Conclusion: The End of an Economic Order? – Vlad Mykhnenko and Kean Birch

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

Cold Hands & Quarter Moon at MySpace: http://www.myspace.com/coldhandsmusic

Cold Hands & Quarter Moon Profile: https://rikowski.wordpress.com/cold-hands-quarter-moon/

The Ockress: http://www.theockress.com

Wavering on Ether: http://blog.myspace.com/glennrikowski