This extensive text from Eric Toussaint's "Your Money or Your Life" analyzes the mechanisms of global capitalism and its impact, particularly on the Global South. It details how debt and structural adjustment policies imposed by institutions like the IMF and World Bank have led to impoverishment, increased inequality, and a drain of resources from developing countries. The author argues that financial globalization, driven by multinational corporations and speculative capital, exacerbates these issues and that the system is inherently unstable. Finally, the text highlights various forms of resistance and proposes alternative policies focused on social justice and economic delinking from harmful global forces.

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