Michel Evgenij Chossudovsky Quotes

Macro-economic policy had accelerated the "expulsion" of landless peasants from the countryside leading to the formation of a nomadic migrant labor force moving from one metropolitan area to another.

Modern capitalism appears totally incapable of mobilizing these untapped human and resources.

Relentlessly feeding on poverty and economic dislocation, a New World Order was taking shape.

Legal and illegal activities had become inextricably intertwined.

The collapse of the standard of living, engineered as result of macro-economic policy, is without precedent in Russian history: " We had more to eat during the Second World War."

Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor.

According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.

A new global financial environment has unfolded in several stages since the collapse of the Bretton Woods system of fixed exchange rates in 1971.

Humanity is undergoing, in the post-Cold War era, an economic and social crisis of unprecedented scale leading to the rapid impoverishment of large sectors of the world population.

For the West, the enemy was not "socialism" but capitalism. How to tame and subdue the polar bear, how to take over the talent, the science, the technology, how to buy out the human capital, how to acquire the intellectual property rights?

America had come to the rescue of Korea's "troubled banks". The auction of commercial bank assets was an obvious fraud.

Macro-economic reform undermined the legal economy, reinforced illicit trade and contributed to the recycling of "dirty money" towards Peru's official and commercial creditors.

Both Hindu, as well as Islamic fundamentalism, feed on the poverty of the masses.

The experience of Somalia shows that famine in the late 20th century is not a consequence of a shortage of food. On the contrary, famines are spurred on as result of a global oversupply of grain staples.

In a cruel irony, speculators - rather then elected politicians - are the shots on crisis management. In an absurd logic, those who foster financial turbulence have been invited by the G7 Finance ministers to identify policies which attenuate financial turbulence.