Michel Chossudovsky Short Quotes

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Legal and illegal activities had become inextricably intertwined.

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

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

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

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

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

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

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

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

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

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

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

Michel Chossudovsky
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.

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

Michel Chossudovsky
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.

Michel Chossudovsky
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.

Michel Chossudovsky
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."

Michel Chossudovsky
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.

Michel Chossudovsky
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.

Michel Chossudovsky