CADTM

Olivier Bonfond : Eric Toussaint’s latest publication, Capitulation entre adultes, Grèce 2015: une alternative était possible is a “must read” for everybody

30 June 2020 - by Olivier Bonfond

Eric Toussaint has accomplished a remarkable piece of work with this book. It is short, well written, easy to read, enlightening and convincing. Some elements of the book must be known by all. The book’s starting point; Yanis Varoufakis’ Adults in the Room In 2017 Yanis Varoufakis, then (...)
We Won’t Pay for Their Crises Anymore!

15 April 2020 - by CADTM Europe

In the midst of the Coronavirus crisis, Mario Draghi stated in the pages of the Financial Times that “whatever it takes” must be done to guarantee the future of the Eurozone. He was reaffirming a principle that has been applied by European policymakers for a long time already: absorb the private (...)
Morocco: For the suspension of the payment of micro-finance loans for a period of 6 months, renewable with exemption of all interest

5 April 2020 - by ATTAC/CADTM Maroc

The country has taken the measures announced by the Economic Vigilance Committee to address the impact of the Corona virus pandemic. However, these measures have not yet included micro-finance victims. The professional group of Moroccan banks has announced that those who have lost their jobs (...)
Let us unite against micro-credits and illegitimate debt

4 March 2020 - by Sushovan Dhar

For every KSh 100 Kenya is collecting in tax revenue, it is spending KSh 130 to fund its budget needs, an overspending that is driving its voracious debt appetite to plug the shortfall. An analysis of the most recent expenditure data published by the Central Bank of Kenya (CBK) shows that Kenya (...)
In Sri Lanka, Resistance to Private Indebtedness Is a Strategic Issue

3 March 2020 - by Nathan Legrand

In Sri Lanka, the issue of private indebtedness — in particular in the form of microcredit — is a major problem that negatively affects borrowers and their families, but also society as a whole. The influence of microfinance in Sri Lanka is such that there is little doubt that a strong movement (...)
Political Charter of CADTM International

28 February 2020 - by CADTM

We publish a new version of the CADTM policy charter as provisionally amended at the meeting of the CADTM International Council held in Liège on 11 and 12 September 2019. This amended version provisionally replaces the political charter adopted in Belém, Brazil in January 2009. Indeed, since (...)
Colombo declaration on illegitimate debt

27 February 2020 - by CADTM

We, the participants of the 8th CADTM South Asia meeting from Bangladesh, India, Pakistan, Sri Lanka, as well as from Morocco, Belgium and France assembled at Colombo, Sri Lanka from 18-19 February 2020 resolve to fight against illegitimate debt which is a mechanism to transfer wealth created (...)
Message from Juan Pablo Bohoslavski, the UN expert on Debt and Human Rights, to the 8^th CADTM South Asia meeting in Colombo

19 February 2020 - by Juan Pablo Bohoslavsky

Dear colleagues and friends, I am pleased to have the opportunity to share this message on the occasion of 8th South Asian CADTM Regional Meeting. The topics discussed during this meeting are indeed important ones and while sometimes simply perceived as financial or economic matters, we know (...)
International situation and Radical Alternatives

18 February 2020 - by Eric Toussaint

On 18 February 2020, in Colombo, 8th CADTM South Asian workshop We are facing a multidimensional crisis of the global capitalist system Economic crisis : Stagnation or recession in Europe; recession in Japan; slowdown in the US economy; slowdown in India and in China; deep crisis in the car (...)
Kangemi Declaration

14 February 2020 - by CADTM

We, the participants of the 2nd CADTM East Africa Regional Meeting from Uganda, Kenya and Tanzania as well as from Morocco and India gathered at Kangemi, Nairobi in Kenya from 7 to 9 February 2020 do hereby acknowledge and affirm that illegitimate debt is a mechanism used to transfer wealth (...)
Unitedly we fight against debt and all other oppressions!

2 February 2020 - by CADTM Asia

A region that was the poster boy of neo-liberal growth and for its emerging middle class is back in news for wrong reasons. The 2018 Global Multidimensional Poverty Index (MPI) by UNDP and the Oxford Poverty and Human Development Initiative (OPHI) reveals higher incidences of poverty in the (...)
The Committee for the Abolition of Illegitimate Debt (CADTM) on private debt and human rights

13 January 2020 - by Chiara Filoni, Eva Betavatzi, Mats Lucia Bayer

This is our contribution to the appeal made by the UN Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, Mr. Juan Pablo Bohoslavsky. Mr. Bohoslavsky, in the course of preparing his next (...)
Morocco: Immediate freedom for Omar Radi (Activist & Journalist)

30 December 2019 - by ATTAC/CADTM Maroc

Immediate freedom for Omar Radi (Activist & Journalist) No to the repression of free voices and forms of expression that reject injustice and demand democracy. Solidarity with all political prisoners and popular struggles. The Moroccan state increasingly restricts freedoms and harasses (...)
The Debt System - book review

17 December 2019 - by Phil Armstrong

The Debt System argues that international debt is a system of exploitation of poorer countries, which should be regarded as illegitimate, finds Phil Armstrong This book tells a story of exploitation and the use of indebtedness by western powers to enrich themselves at the expense of other (...)
For food sovereignty in Morocco

24 November 2019 - by ATTAC/CADTM Maroc

The ATTAC/CADTM Morocco organization has recently published its study in Arabic on agricultural policy in Morocco and its multiple impacts on small farmers, on agricultural workers, on economy and on environment. The title is: ’For food sovereignty in Morocco, a field study on agricultural (...)
South Africa: Resistance and Research for Alternatives to Illegitimate Debt and for Ecosocialism

3 May 2019 - by Eric Toussaint

Report on the CADTM International mission to South Africa 31 March – 12 April 2019, part 2. First part available here Wednesday 3 April: Cape town and Cape of Good Hope: highly visible social and racial segregation The fourth day was spent seeing Cape Town and its region out to Cape of (...)
From the BRICS countries to the townships: racial and social segregation continues

22 April 2019 - by Eric Toussaint

Over 25 years ago now the people of South Africa won the struggle to end the Apartheid regime. [1] Nevertheless, even though it is now against the law, de facto racial segregation is still apparent. Moreover the capitalist assault on the majority of the population is blatant. The class (...)
In memory of Paulino Nuñez

8 April 2019 - by CADTM

Paulino Nuñez was an active member of the Venezuelan anti-debt network, the CADTM (Committee for the Abolition of Illegitimate Debt) and of CADTM-AYNA (Abya Yala/Nuestra America the CADTM Latin America and Caribbean network). He was an untiring standard bearer, an avid reader, inquirer into (...)
Good year of fighting in 2019!

28 December 2018 - by CADTM International

It really makes sense to be part of an international network such as the CADTM, which is fighting the debt system and all forms of oppression all over the world. We cannot tolerate injustice against anyone anywhere and we know we have to act in order to change the world in depth. May 2019 be (...)
Summary of The Debt System A History of Sovereign Debts and their Repudiation

10 October 2018 - by Víctor Manuel Isidro Luna

The book The Debt System. A History of Sovereign Debts and their Repudiation will be published later in 2018 by Haymarket in Chicago https://www.haymarketbooks.org/books/1234-the-debt-system . The original French edition has been published in novembre 2017 in Paris (...)
Mexico: creation of a CADTM launching committee

4 October 2018 - by CADTM

A meeting was held in Mexico City, in the lecturers’ hall at the Faculty of Economics of the National Autonomous University of Mexico (UNAM) on 1st October 2018 to launch the creation of a Mexican chapter of the CADTM. The UNAM counts four hundred and fifty three thousand students, teaching (...)
How do patriarchy and capitalism jointly reinforce the oppression of women?

13 September 2018 - by Camille Bruneau

In the summary of the first chapter, we have laid out a number arguments for the necessity of feminism today. They include violence, the lack or suppression of fundamental rights, under-representation in politics, poverty, economic marginalization and the threat posed by anti-feminist (...)
CADTM successfully holds Citizen Debt Audit Training in Nairobi

19 August 2018 - by David Calleb Otieno

The Committee for the Abolition of Illegitimate Debts (CADTM) successfully held a three days training on Citizens Debt Audit in Nairobi, Kenya. The training that attended by delegates from Kenya, Uganda, Tanzania and Burundi was organized by the Kenyan Social Movements for the Abolition of (...)
Africa : Strengthening the anti-debt initiatives in Kenya

15 August 2018 - by Sushovan Dhar

CADTM collaborated with Kenyan social movements to organise a training on debt audit and also a meeting to strengthen the anti-debt activities in Kenya. This programme held from July 29-30 at Nairobi (in the slums of Kangemi) witnessed the participation of more than 50 grass roots activists (...)
Debts and feminisms: an overview of the book project – first chapter

13 August 2018 - by Camille Bruneau

Feminism and the situation of women is an ever-growing concern for the CADTM network, which becomes almost unavoidable in the broad fight against domination(s). Women are indeed impacted by debt in several ways; as the main contractors of micro-credits, as the caretakers that have a higher (...)