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Dark Victory - The United States and Global Poverty (Paperback, 2nd New edition)
Loot Price: R625
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Dark Victory - The United States and Global Poverty (Paperback, 2nd New edition)
Series: Transnational Institute
Expected to ship within 12 - 17 working days
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Hunger and malnutrition stalk the countries of the South. Over the
last twenty years, as the populations of these countries have
increased, so too has mass poverty on a grotesque scale. In this
fiercely critical study of Western aid giving, Walden Bello offers
a persuasive argument that recolonisation of the Third World has
been carried out through the agencies of the International Banks.
Bello argues that neoliberalism or doctrinal free-market ideology
came to power in the United States with an agenda to 'discipline
the Third World' and the consequences of such a policy has resulted
in lower barriers to imports, the removal of restrictions on
foreign investments, privatisation of state owned activities, a
reduction in social welfare spending, wage cuts and devaluation of
local currencies. Recipients of 'structural adjustment' loans from
the West, have been forced to accept these polices, with disastrous
consequences. Hailed as a classic study of global poverty, Dark
Victory is now reissued with a substantial new epilogue by the
author.
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