Legal Imperialism” and International Law: Legal Foundations for War Crimes, Debt Collection and Colonization By Prof. James Petras

3 December, 2012 — Global Research

Introduction

By now we are familiar with imperial states using their military power to attack, destroy and occupy independent countries.  Boatloads of important studies have documented how imperial countries have seized and pillaged the resources of mineral-rich and agriculturally productive countries, in consort with multi-national corporations.  Financial critics have provided abundant data on the ways in which imperial creditors have extracted onerous rents, royalties and debt payments from indebted countries and their taxpayers, workers, employees and productive sectors.

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Economics 101 – Interesting times By William Bowles

24 October 2008

‘May you live in interesting times’, traditional Chinese curse

Being raised in a family of Reds has its pluses and its minuses, one of the minuses being a decidedly unworldly approach to economics. It was as if we already lived in a socialist world but of course nobody else did. The upshot of this was a total incomprehension as to the value of money, and not merely the value but its importance.

This must sound strange coming from someone who professes to know the ‘answers’ to what ails us but then life is complicated, people are contradictory and we don’t always do what’s in our own best interests, besieged as we are by the forces of capital. For alongside this there is always the question of fear and insecurity about the future, about who we are and what we should be.

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