Debt, plunder and degrowth

Authors:
Nicolas Sersiron

Entry type:
Position paper

Year of publication:
2015

Publishers:
Committee for the Abolition of Illegitimate Debt

Language:
English

External content:
To external content

Tags:

capitalism Global South extractivism

"Debt is essential to the development of capitalism, it forces to produce more and more for foreign markets. Debt is an accelerator of extractivism at the base of capitalist accumulation and a means to appropriate the economic growth of other countries: those in the periphery." (Excerpt)