Speaking Freely Volume 2: Susan George (Video 2007) Poster

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Banks are the new colonialists
worleythom8 January 2015
Warning: Spoilers
An excellent presentation of some of the causes of poverty and inequality is "Speaking Freely Volume 2: Susan George," 52 minutes, 2007 (from Cinema Libre Studios http://cinemalibrestudio.com/all_dvd_titles.php). George explains how northern banks, aided by the International Monetary fund, World Bank, and World Trade Organization, extract wealth from the poor in the global south.

George tells us debt is now used to force the poor to overproduce commodities (coffee, tea, cotton, cocoa), keeping prices low for those of us in richer countries, keeping debtor nations transferring wealth to northern banks, the wealth taken from the poor in low wages, lack of government-funded education, health care, transportation, etc.
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