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The debt system : a history of sovereign debts and their repudiation

Author: Eric Toussaint
Publisher: Chicago, Illinois : Haymarket Books, 2019. ©2019
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
Provides the necessary elements to understand the unrelenting mechanism of the debt system and how the capitalist world has used it for two hundred years. Toussaint offers a rejoinder the prevailing wisdom that views debt as holy writ. He sheds light on this powerful device, telling how, from the beginning of the nineteen century, states--from Latin America to China, Tunisia, Egypt, and the Ottoman Empire, among  Read more...
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Genre/Form: History
Document Type: Book
All Authors / Contributors: Eric Toussaint
ISBN: 9781608463091 1608463095
OCLC Number: 1080608475
Language Note: Translated into English from French.
Notes: Originally published in French as Le système dette : histoire des dettes souveraines et de leur répudiation.
Description: x, 263 pages : illustrations, maps ; 23 cm
Contents: How the South paid for the North's crises and for its own subjugation --
How debt and free trade subordinated independent Latin America --
In the nineteenth century, Mexico proved that debt can be repudiated --
newly independent Greece had an odious debt around its neck --
Debt as a means for continued domination over Greece --
Debt as an instrument of colonial conquest of Egypt --
Debt: how France appropriated Tunisia --
Alexander Nahum Sack and sovereign debts --
Odious debt according to Sack and according to the CADTM --
Debt repudiations between 1830 and 1930 --
Mexico's victory against its creditors (1914-1942) --
The repudiation of debt by the Soviets.
Other Titles: Système dette.
History of sovereign debts and their repudiation
Responsibility: Éric Toussaint ; [translation coordinated, revised, and refined by Snake Arbusto].

Abstract:

This compelling, provocative, and accessible volume offers a rejoinder to the prevailing wisdom that views debt as holy writ.  Read more...

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