by
Slavoj Žižek
43
The Political Economy of Refugees
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terms
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notes
a term for the loans provided by the IMF and the World Bank to countries that experienced economic crises, which come with strings attached: privatisation and deregulation, mainly (the conditions are also known as the Washington Consensus)
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The result of such 'structural adjustments' was the integration of local agriculture into the global economy: while crops were exported, farmers thrown off their land were pushed into slums, available as a workforce for outsourced sweatshops.
notable
6 years, 6 months ago
The result of such 'structural adjustments' was the integration of local agriculture into the global economy: while crops were exported, farmers thrown off their land were pushed into slums, available as a workforce for outsourced sweatshops.
notable
6 years, 6 months ago