From time to time catastrophes remind us of the dangers lurking along the uncertain paths of historical development. Such was the case with the banking crisis which made the destructive potential of neoliberalism clear for all to see. This is also the case with the Haitian earthquake which left 250,000 dead and 1.5 million homeless. At this point we should not be talking about global responsibilities in the abstract, we should be naming the responsible parties.
Continue Reading Odious debts and global responsibilities. Haiti’s example shows how foreign debt can lead a defenceless population into a catastrophe