How do the dominant media manipulate the debt issue?
15 December 2018 by Eric Toussaint , The Medium
Eric Toussaint talks to The Medium.
The discourse in mainstream media and by governments consists of repeating that there is too much public debt, too much public expenditure, that States must pay their debts and reduce their expenditure. With the CADTM, we are raising the questions of where those debts come from, whether the objectives for which debts were contracted were legitimate, and whether they were contracted in a legal and legitimate manner. This is our approach, and this way of looking at things is not present in mainstream media. They claim it is not related to their reality.
is a historian and political scientist who completed his Ph.D. at the universities of Paris VIII and Liège, is the spokesperson of the CADTM International, and sits on the Scientific Council of ATTAC France.
He is the author of Debt System (Haymarket books, Chicago, 2019), Bankocracy (2015); The Life and Crimes of an Exemplary Man (2014); Glance in the Rear View Mirror. Neoliberal Ideology From its Origins to the Present, Haymarket books, Chicago, 2012 (see here), etc.
See his bibliography: https://en.wikipedia.org/wiki/%C3%89ric_Toussaint
He co-authored World debt figures 2015 with Pierre Gottiniaux, Daniel Munevar and Antonio Sanabria (2015); and with Damien Millet Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers, Monthly Review Books, New York, 2010. He was the scientific coordinator of the Greek Truth Commission on Public Debt from April 2015 to November 2015.
Other articles in English by Eric Toussaint (515)
- “The Coronavirus pandemic is part of a multidimensional crisis of capitalism”
31 March, by Eric Toussaint
- Why the 1953 cancellation of German debt won’t be reproduced for Greece and Developing Countries
27 March, by Eric Toussaint
- To confront capitalism’s multifaceted crisis the bankers must be expropriated and the banks socialised
26 March, by Eric Toussaint
- The Capitalist Pandemic, Coronavirus and the Economic Crisis
19 March, by Eric Toussaint
- Why the Marshall Plan ?
19 March, by Eric Toussaint
- SUNFED versus World Bank
12 March, by Eric Toussaint
- No, the coronavirus is not responsible for the fall of stock prices
5 March, by Eric Toussaint
- Early conflicts between the UN and the World Bank/IMF tandem
4 March, by Eric Toussaint
- IMF: Inhuman at the micro and macro levels
27 February, by Eric Toussaint
- The WB assists those in power in a witch-hunting context
26 February, by Eric Toussaint
Translation(s)
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COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT
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