Debtors of the world, unite! — Liam Kennedy interviews Jayati Ghosh

Summary:
Jayati Ghosh speaks about the growing debt crisis in the global south, the IMF’s never-ending affinity for austerity and the need to confront the power of financial capital.Jayati Ghosh has already teamed up with Michael Hudson on this. Financial capitalism interfaces with neoliberalism, neo-imperialism, and neocolonialism by gaining control using investment and debt, enforced by the "rules-based order" to the advantage of financial capital, which the Global North/West uses to dominate the Global South/East. The Global South/East is waking up to this. Decolonization is in the air. Russia and China have teamed up to provide the power needed for resistance. The battle for control is on as the West, dominant for 500 years, faces a challenge to its continued dominance.MR OnlineDebtors of the

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