Michel Evgenij Chossudovsky

North Carolina · connectedBorn 1946

Canadian economist and conspiracy theorist

Studied at University of North Carolina at Chapel Hill

economist, writer, researcher, professor, peace activist, conspiracy theorist

Quotations with a citation

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

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.

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

The WTO was put in place following the signing of a "technical agreement" negotiated behind closed doors by bureaucrats. Even the heads of country-level delegations to Marrakech in 1994 were not informed regarding the statutes of the WTO, which were drafted in separate clossed sessions by technocrats.

Mainstream economics scholarship produces theory without facts ("pure theory") and facts without theory ("applied economics")

The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.

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

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

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.

The civil war in Rwanda and other ethnic massacres were an integral part of US foreign policy, carefully staged in accordance with precise strategic and economic objectives.

In return, US surpluses of genetically engineered maize (banned in the European Union) were being dumped on the horn of Africa, in the form of emergency aid.

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

Moreover, the entire international trading system is prone (from the lower echelons to top state officials) to corruption and bribery by foreign contractors.

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.

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.

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?

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."

Lost in the barrage of images and self-serving analysis are the economic and social causes of the conflict.

While Financier George Soros was investing money in Kosovo's reconstruction, the George Soros Foundation for an Open Society had opened a branch office in Pristina establishing the Kosovo Foundation for an Open Society (KFOS) as part of the Soros' network of "non-profit foundations" in the Balkans.

Legal and illegal activities had become inextricably intertwined.

The Cayman Islands, a British Crown colony in the Caribbean, for instance, is the fifth largest banking center in the world,

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

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.

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

In the libraries

Open Library America's "War on Terrorism" · 2005 View library record ↗ Open Library Exporting Apartheid to Sub-Saharan Africa · 1997 View library record ↗ Open Library The Globalization of Poverty and the New World Order · 2003 View library record ↗ Open Library The globalisation of poverty · 1997 View library record ↗ Open Library Towards capitalist restoration? · 1986 View library record ↗ Open Library War and globalisation · 2002 View library record ↗

Read Michel Evgenij Chossudovsky

Towards capitalist restoration? 1986 Find a copy The globalisation of poverty 1997 Find a copy The Globalization of Poverty and the New World Order 2003 Find a copy War and globalisation 2002 Find a copy America's "War on Terrorism" 2005 Find a copy Exporting Apartheid to Sub-Saharan Africa 1997 Find a copy