In the West, Millions of people have lost their jobs and their lifelong savings. In developing countries, poverty, famine and despair prevail. 

In the “Rich” developed countries, the Welfare State is collapsing.

What we are witnessing is a process of global impoverishment. 

The Militarization of the Global Economy. The Economy is Weaponized.

The Multi-billion production of advanced weapons systems is to the detriment of social infrastructure, schools, hospitals and universities.

The destabilization of the Real Economy.

A massive concentration of financial wealth coupled with a worldwide process of impoverishment. 

Video debate featuring  Michel Chossudovsky and Drago Bosnic published in English (original)

Subtitles in 17 languages. Click to access (hyperlinks)

English, Français, عربي, Hebrew, Русский, Español, 中文, Deutsch, Farsi, Português, Italiano, 日本語, 한국어, Türkçe, Српски, Bahasa Malay, ภาษาไทย

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Subtitles in 17 languages.

Click to access (hyperlinks)

English

Français

عربي

Русский

Farsi

Español

中文

Deutsch

Português

Italiano

Hebrew

日本語,

한국어

Türkçe

Српски

Bahasa Malay

ภาษาไทย

About the author:

Michel Chossudovsky is an award-winning author, Professor of Economics (emeritus) at the University of Ottawa, Founder and Director of the Centre for Research on Globalization (CRG), Montreal, Editor of Global Research. He has undertaken field research in Latin America, Asia, the Middle East, sub-Saharan Africa and the Pacific and has written extensively on the economies of developing countries with a focus on poverty and social inequality. He has also undertaken research in Health Economics (UN Economic Commission for Latin America and the Caribbean (ECLAC), UNFPA, CIDA, WHO, Government of Venezuela, John Hopkins International Journal of Health Services (1979, 1983) He is the author of 13 books including The Globalization of Poverty and The New World Order (2003), America’s “War on Terrorism” (2005), The Globalization of War, America’s Long War against Humanity (2015). He is a contributor to the Encyclopaedia Britannica. His writings have been published in more than twenty languages. In 2014, he was awarded the Gold Medal for Merit of the Republic of Serbia for his writings on NATO’s war of aggression against Yugoslavia. He can be reached at [email protected]