Michel Chossudovsky Quotes

Michel Chossudovsky is a Canadian economist and author. He is a professor emeritus of economics at the University of Ottawa. Since 2001, he has been the president and director of the Centre for Research on Globalization, which publishes conspiracy theories. Chossudovsky is himself a proponent of 9/11 conspiracy theories.

✵ 1946
Michel Chossudovsky: 24   quotes 0   likes

Famous Michel Chossudovsky Quotes

“Legal and illegal activities had become inextricably intertwined.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 18, Albania's IMF Sponsored Financial Disaster, p. 293

“Both Hindu, as well as Islamic fundamentalism, feed on the poverty of the masses.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 10, India: The IMF'S "Indirect Rule", p. 155

“Modern capitalism appears totally incapable of mobilizing these untapped human and resources.”

Introduction, p. 7
The Globalization of Poverty and the New World Order - Second Edition - (2003)

“The collapse of the standard of living, engineered as result of macro-economic policy, is without precedent in Russian history: " We had more to eat during the Second World War."”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 16, The "Thirdworldization" of the Russian Federation, p. 241

“The civil war in Rwanda and other ethnic massacres were an integral part of US foreign policy, carefully staged in accordance with precise strategic and economic objectives.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 7, Economic Genocide in Rwanda, p. 120

Michel Chossudovsky Quotes about the world

“The Cayman Islands, a British Crown colony in the Caribbean, for instance, is the fifth largest banking center in the world”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 19, Structural Adjustment in the Developed Countries, p. 303

“Relentlessly feeding on poverty and economic dislocation, a New World Order was taking shape.”

Preface to the Second Edition, p. xxii
The Globalization of Poverty and the New World Order - Second Edition - (2003)

“According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 4, The World Bank and Woman's Rights, p. 67

Michel Chossudovsky Quotes

“The experience of Somalia shows that famine in the late 20th century is not a consequence of a shortage of food. On the contrary, famines are spurred on as result of a global oversupply of grain staples.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 6, Somalia The Real Causes of Famine, p. 99

“America had come to the rescue of Korea's "troubled banks". The auction of commercial bank assets was an obvious fraud.”

The Recolonization of Korea, Chapter 22, p. 340
The Globalization of Poverty and the New World Order - Second Edition - (2003)

“Macro-economic policy had accelerated the "expulsion" of landless peasants from the countryside leading to the formation of a nomadic migrant labor force moving from one metropolitan area to another.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 13, Debt and "Democracy" in Brazil, p. 200

“For the West, the enemy was not "socialism" but capitalism. How to tame and subdue the polar bear, how to take over the talent, the science, the technology, how to buy out the human capital, how to acquire the intellectual property rights?”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 16, The "Thirdworldization" of the Russian Federation, p. 240

“Moreover, the entire international trading system is prone (from the lower echelons to top state officials) to corruption and bribery by foreign contractors.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 12, The Post War Economic Destruction of Vietnam, p. 177

“Mainstream economics scholarship produces theory without facts ("pure theory") and facts without theory”

"applied economics"
Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 2, Global Falsehoods, p. 27

“A new global financial environment has unfolded in several stages since the collapse of the Bretton Woods system of fixed exchange rates in 1971.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 20, Global Financial Meltdown, p. 309

“In return, US surpluses of genetically engineered maize (banned in the European Union) were being dumped on the horn of Africa, in the form of emergency aid.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 9, Wreaking Ethiopia's Peasant Economy, p. 141

“Macro-economic reform undermined the legal economy, reinforced illicit trade and contributed to the recycling of "dirty money" towards Peru's official and commercial creditors.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 14, IMF Shock Treatment in Peru, p. 225

“Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 5, The Global Cheap-Labor Economy, p. 69 (See also: Rosa Luxemburg, Karl Marx)

“Lost in the barrage of images and self-serving analysis are the economic and social causes of the conflict.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 17, Dismantling Former Yugoslavia, p. 257

“The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.”

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 3, Policing Countries Through Loan "Conditionalities", p. 53

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