80
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 22 Apr 2024
80 points (100.0% liked)
politics
22726 readers
126 users here now
Protests, dual power, and even electoralism.
Labour and union posts go to The Labour Community.
Take any slop posts to the slop trough
Main is good for shitposting.
Do not post direct links to reactionary sites.
Off topic posts will be removed.
Follow the Hexbear Code of Conduct and remember we're all comrades here.
founded 5 years ago
MODERATORS
Michael Hudson has written on how Western financial institutions treat loans to the third/developing world as tools for keeping the states in line rather than as profit devices. Recoupments get kicked down the road, unless a government comes into power that threatens international capital. Then the loans become due, domestic spending dries up as wealth flows out, continue until the Western-friendly opposition is elected or couped into power.