Debt

Below are groups and resources (books, articles, websites, etc.) related to this topic. Click on an item’s title to go its resource page with author, publisher, description/abstract and other details, a link to the full text if available, as well as links to related topics in the Subject Index. You can also browse the Title, Author, Subject, Chronological, Dewey, LoC, and Format indexes, or use the Search box.
Particularly recommended items are flagged with a red logo:

Connexions Library

The ABCs of the Economic Crisis: What Working People Need to Know
Magdoff, Fred; Yates, Michael D.
Book
2009
Rich, powerful people created the economic crisis of 2008-09, while hundreds of millions of working people suffer the consequences -- lost homes, lost jobs, rising insecurity, and falling living stand...
The Age of Finance Capital -- and the Irrelevance of Mainstream Economics
Hossein-Zadeh, Ismail
Article
2015
Despite the fact that the manufacturers of ideas have elevated economics to the (contradictory) levels of both a science and a religion, a market theodicy, mainstream economics does not explain much w...
An Alternative for SYRIZA
Achilleas and Eleni
Article
2015
In order to regain sovereignty, a country has to exit not only the EZ, if a member, but the EU itself. Liberated from the noose of the EU treaties and regulations, Greek people will have the freedom t...
Another World is Possible: Globalization and Anti-capitalism
McNally, David
Book
2002
A call-to-arms for progressive activists. McNally argues that capitalism is synonymous with imperialism and fundamentally incompatible with democracy.
Anticapitalism and Climate Justice
Vivas, Esther
Article
2010
The current crisis raises the urgent need to change the world from below and do so from an anticapitalist and radical eco-socialist perspective. Anticapitalism and climate justice are two struggles wh...
Auditing the Greek Debt: Unity of Place, Time, and Action
Toussaint, Eric
Article
2015
The recent debt currently being claimed presents features that make it irregular, illegitimate, illegal, unsustainable, and even odious. Allegedly Greek debts that were accumulated before 2010 were al...
Beautiful Trouble - Pocket Edition: A Toolbox for Revolution
Boyd, Andrew; Mitchell, Dave Oswald (eds.)
Book
2014
Ideas for organizers.
Bleeding the Patient: The Debt/Deficit Hoax Exposed
Article
1993
An edited transcript of a four-hour discussion held by nine progressive political economists. Discusses the hysteria around the government debt-deficit issue and the difficulty in developing counter-a...
Bubbles Always Burst: the Education of an Economist
Hudson, Michael
Article
2015
Spouting ostensible free market ideology, the pro-creditor mainstream rejects what the classical economic reformers actually wrote. One is left to choose between central planning by a public bureaucra...
Burdened with Debt Reloaded: The Politics ofr Devaluation
Article
2012
A series of defensive and sectional struggles at workplaces in the private sector reveal that the Greek industrial capital has already taken advantage of the new institutional framework of the “state ...
Das Capital, Volume 1: A Critical Analysis of Capitalist Production
Marx, Karl
Book
1867
Marx's great work sets out to grasp and portray the totality of the capitalist mode of production, and the bourgeois society that emerges from it. He describes and connects all its economic features, ...
Chicken Game: Eurocrisis, Again.: Washington vs. Berlin
Sciortino, Raffaele
Article
2012
How does one take an autonomous position against the European policies of social butchery without falling into nationalist, anti-German nostalgia or into rhetoric against “Anglo-Saxon speculation”? Ho...
Chomsky.Info
Chomsky, Noam
Website
The Noam Chomsky Web site.
Close the IMF, Abolish Debt and End Development: A Class Analysis of the International Debt Crisis
Cleaver, Harry
Article
1996
The struggle for repudiation of the debt must be organized internationally and demand not only the collective refusal of debt but cooperation in developing policies to cope with possible reprisals an...
The Complete Works of Rosa Luxemburg, Volume I: Economic Writings 1
Luxemburg, Rosa (Edited by Peter Hudis
Book
This first volume in Rosa Luxemburg's Complete Works, entitled Economic Writings 1, contains some of Luxemburg's most important statements on the globalization of capital, wage labour, imperialism, an...
Connexions Library: Economy, Poverty, Work Focus
Website
Selected articles, books, websites and other resources on the economy and economics.
Dealing with credit card debt guide: A short guide to help you deal with credit card debt, as consumer debt in the UK continues to spiral
Article
2006
You don’t need to work for the Financial Times to realise that credit card debt is getting well out of hand. Ten years ago hardly anyone had one. Now there are 91 million credit and debit cards in the...
Debt and the Environment
Miller, Morris
Book
1991
Debt Bondage Or Self-Reliance: A Popular Perspective on the Global Debt Crisis
Book
1985
Describes the effects of international debt on workers, the unemployed, and peasants who neither asked for or benefit from such debt. It describes the growing number of people's movements in Canada an...
Debt: The First 5000 Years
Graeber, David
Book
2011
Graeber traces the history of debt from ancient societies to modern economic crises, arguing that debt has often driven revolutions and social and political change.
The Debt Trap : The International Monetary Fund and the Third World
Payer, Cheryl
Book
Details the history of the first thirty years of the system of aid and credit in which the IMF is the keystone.
The Deficit is No Accident
Article
1997
The deficit and national debt were created intentionally by politicians of both parties, to destroy social programs which give working people some protection against unrestrained corporate power
Democracy's Oxygen: How Corporations Control the News
Winter, James
Book
1997
Winter shows that far from providing "democracy's oxygen," the news media legitimize a fundamentally undemocratic system. Instead of keeping the public informated, news organizations manufacture publi...
The Earthscan Action Handbook
Litvinoff, Miles
Book
1990
A compendium of the world's major ills with suggestions for remedial action.
Euro Banks vs. Greek Labor: Varoufakis is Proposing Austerity on the Banking Class
Hudson, Michael; Peries, Sharmini
Article
2015
Interview with Michael Hudson, professor of economics at the University of Missouri-Kansas City about the current economic situation of Greece.
Europe's New Road to Serfdom: Trichet Threatens Greece with Iron Heel
Hudson, Michael
Article
2011
The conditios for Greece's new loan package is that Greece must initiate a class war by raising its taxes, lowering its social spending – and even private-sector pensions – and sell off public land, t...
EuroZone Profiteers: How German and French Banks Helped Bankrupt Greece
Chatterjee, Pratap
Article
2015
We should be clear: almost none of the huge amount of money loaned to Greece has actually gone there, says Joseph Stiglitz, former chief economist of the World Bank and a Nobel Prize winner in economi...
Get Up, Stand Up: Uniting Populists, Energizing the Defeated, and Battling the Corporate Elite
Levine, Bruce E.
Book
2011
Levine offers insights into the epidemic of political passivity in America and analyzes how major U.S. institutions have created helplessness and fatalism. He proposes ways of recovering dignity, ener...
Greece: A no vote against blackmail: Now is not the time for academic debates. It is time for struggle
Red Network
Article
2015
Our response to the blackmail of the lenders is that the struggle against austerity will not be governed by concerns about the euro system or by the consent of the rulers of Europe. the response shoul...
Greece again Can Save the West
Roberts, Paul Craig
Article
2015
The 'Greek crisis' is not about debt. Debt is the propaganda that the Empire is using to subdue sovereignty throughout the Western world.
The Greek Debt Crisis and Crashing Markets: A New Mode of Warfare
Article
2015
Greece has indeed become an example. But it is an example of the horror that the eurozone's monetarists seek to impose on one economy after another, using debt as a lever to force privatization sellof...
Greek Debt and the New Financial Imperialism
Rasmus, Jack
Article
2016
Describes how the Greek goverment is forced to extract income and wealth from its workers and small businesses resulting in a new form of financial imperialism that smaller states and economies, plann...
The History of Costa Rica
Molina, Ivan; Palmer, Steven
Book
1998
An overview of Costa Rican history with an emphasis on how Costa Ricans have been able to make their own history, "though they do not make it just as they choose."
The Housing Mess: Against The Current vol. 135
Prins, Nomi
Article
2008
Despite recent CNBC and MSNBC media hosts suggesting we may be at the ‘bottom’ of the housing market crisis, and Market Watch June 3rd commentary headlines like “Housing market may turn more quickly t...
How Europe cancelled Germany's debt in 1953
Article
2015
The 1953 London Debt Accords show that European leaders know how to resolve a debt crisis in the interests of justice and recovery. Article discusses four key lessons for Greece's debt crisis today.
Jubilee 2000
Chomsky, Noam
Article
1998
Asserting that debt is a social and ideological construct, not a simple economic fact, Chomsky examines various qualifications for the Jubilee 2000 that called for international debt cancellation.
Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy
Hudson, Michael
Book
2015
In Killing the Host, economist Michael Hudson exposes how finance, insurance, and real estate (the FIRE sector) have seized control of the global economy at the expense of industrial capitalism and go...
Markets Gone Mad
Whitney, Mike
Article
2015
Until recently, stocks had been on a tear that pushed valuations into the stratosphere. Volatility stayed low because Bernanke's easy money and QE made investors more placid, serene and mellow. They v...
A Marxist History of the World part 105: The 2008 Crash: from bubble to black hole
Faulkner, Neil
Article
2012
The financial crisis represents the end of an era in which greed and casino-madness had been given free rein by market deregulation and rising debt.
A Marxist History of the World part 106: The Second Great Depression
Faulkner, Neil
Article
2012
Four years after the beginning of the crisis, the neoliberal elite is trapped by the contradictions of the system on which its wealth depends.
The Missing News: Filters and Blind Spots in Canada's Press
Hackett, Robert A.; Gruneau, Richard; with Donald Gutstein, Timothy A. Gibson and Newswatch Canada
Book
2000
Asks a number of questions, including: How well do the news media filter reality, for what purposes, through what processes and in whose interests? How do newspapers and TV stations choose what news i...
The Money Crisis: How bankers grabbed our money -- and how we can get it back
Stalker, Peter
Book
2015
A historical analysis exposing the flaws in the system that led to financial crisis.
The Next Liberation Struggle: Capitalism, Socialism and Democracy in Southern Africa
Saul, John S.
Book
2005
An indispensable guide to understanding how the resources of that era can be used to contribute to real liberation for the region and for the continent of Africa as a whole.
Obama's "We Got No Money" Rap : Why It Augurs a Sinister Banksters' End Game
Whitney, Mike
Article
2009
Obama is deliberately precipitating another crisis on the advise of his chief lieutenants. Summers and Geithner are steering the economy back into recession so they can implement the same austerity me...
Other Voices: The Connexions Newsletter - July 3, 2015: Greece and thd debt crisis
Diemer, Ulli (editor); Rickwood, Darien Yawching (production)
Serial Publication (Periodical)
2015
Our spotlight this issue is on the debt crisis facing Greece. To understand the crisis, one has to look beyond the mainstream media to alternative sources of information. We’ve done that, with article...
Other Voices: The Connexions Newsletter - October 8, 2015: Elections
Diemer, Ulli (editor); Richwood, Darien Yawching (production)
Serial Publication (Periodical)
2015
Elections are the topic of the week, with items related to the October 19 Canadian federal election, and also to broader issues of parliamentary democracy, voting and whether voting can bring about ch...
Parasites in the Body Economic: the Disasters of Neoliberalism
Hudson, Michael
Article
2015
Michael Hudson discusses his new book, "Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy."
A People's Manifesto: Let's Roll Back Austerity and Claim Real Democracy!: Urgent common priorities for a democratic, social, ecological and feminist Europe
Article
2013
Europe stands on the edge of a precipice, looking into the abyss. Austerity policies drive the peoples of Europe into poverty, undercut democracy and dismantle social policies. Rising inequalities end...
Puerto Rico's default is fine, as long as Wall Street is repaid
Roos, Jerome
Article
2015
On August 1, 2015, Puerto Rico defaulted on part of its enormous $72 billion debt, paying back only $628,000 on a relatively small $58 million loan that was due at the start of the month. The default,...
The Seven Laws of Money
Phillips, Michael
Book
1974
A book that tells you how to live with money; how to get it, care for it, forget about it.
Shooting the Hippo: Death by Deficit and Other Canadian Myths
McQuaig, Linda
Book
1995
An examination of how economic policies systematically favour the interests of the rich while pretending to be for the common good.
The Silent Revolution in Africa: Debt, Development and Democracy
Cheru, Fantu
Book
1990
Cheru ascribes the crisis in Africa to its origins as export-led development rather than the natural factors such as drought and famine. He praises the evolution of ordinary Africans opting out of the...
Socialist Register 1992: Volume 28: New World Order?
Miliband, Ralph; Panitch, Leo (eds.)
Serial Publication (Periodical)
1992
The State of the World Atlas
Kidron, Michael
Book
1981
Structural Adjustment
Article
The economics of structural adjustment in Canada.
Synthesis: A review of events reported in the Canadian press: Volume V Number 3
Serial Publication (Periodical)
1977
Synthesis is the journal of the Canadian News Synthesis Project. Previously known as the Canadian News Synthesis Project (1974 - 1976), Synthesis analyzes and presents current news coverage of the mos...
Synthesis: A review of events reported in the Canadian press - September 1977: Volume V Number 7
Serial Publication (Periodical)
1977
Synthesis is the journal of the Canadian News Synthesis Project. Previously known as the Canadian News Synthesis Project (1974 - 1976), Synthesis analyzes and presents current news coverage of the mos...
The Third World Debt: The Comforts of Newspaper Pie
Gardiner, David
Article
1991
Canadians are unaffected by the Third World, since most of it arrives in the form of newspaper headlines.
21 States Will Take Away Your Driver's License If You Can't Pay Your College Loans, But Activists Are Fighting Back: A grassroots project in Montana is a blueprint for activism across the country
Arria, Michael
Article
2015
Thanks to the work of local organizers pressuring lawmakers, Montana residents will no longer have their drivers licenses suspended if they fall behind on their student loan payments. This April, a Mo...
Unnecessary Debts
Osberg, Lars, Fortin, Pierre
Book
Wall Street and the Greek Financial Crisis
Hudson, Michael; Black, Bill
Article
2015
Michael Hudson and Bill Black zero in on some of the key elements of the crisis. They point out that it is not really 'Greece', let alone the Greek people, who have contracted this debt and who have b...
We Can't Save the Economy Unless We Fix Our Debt Addiction
Hudson, Michael
Article
2016
Our economy has increasingly been financialized, and the result is a sluggish economy and stagnant wages. We need to decide whether to stop the cycle and save the economy at large, or to stay in thral...
What austerity has done to Greek healthcare: "What I witnessed appalled me - and brought tears to my eyes"
Irvine, Louise
Article
2015
The shocking 'austerity'-imposed destruction of Greece's once proud healthcare system is a key reason Greeks have turned to Syriza, finds London GP Louise Irvine in an eye witness account.
World Debt: Who is to Pay?
Schatan, Jacobo
Book
1987
The solution of the debt crisis cannot lie in reducing interest rates or juggling exchange rates. As this book shows, merely servicing the swelling mountain of debt means a relentless increase in the ...

Connexions Directory of Groups & Websites

Center for Global Development
An independent, not-for-profit think tank that works to reduce global poverty and inequality by encouraging policy change in the U.S. and other rich countries through rigorous research and active enga...
Chomsky.info
The Noam Chomsky Web site.
Corporate Watch
Corporate Watch is a not-for-profit co-operative providing critical information on the social and environmental impacts of corporations and capitalism. Since 1996 our research, journalism, analysis an...
LindaMcQuaig.com
The website of writer Linda McQuaig.
New Internationalist
New Internationalist reports on issues of world poverty and inequality. We focus attention on the unjust relationship between the powerful and the powerless worldwide in the fight for global justice.

Sources Experts & Spokespersons

World Bank
The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the common sense. We are made up of two unique development institutions owned by 185 member coun...

Sources Library

The Millionaire Moron
Strimaitis, Adam
UK urged to prevent vulture funds preying on world's poorest countries
Campaigners demand Jersey legal loophole be closed as financiers seek $100m from the DRC
Palast, Greg; O'Kane, Maggie; Madlena, Chavala
2011
Britain is being urged to help close down a legal loophole that lets financiers known as "vulture funds" use courts in Jersey to claim hundreds of millions of pounds from the world's poorest countries...
Vulture funds await Jersey decision on poor countries' debts
26 companies hope to double $1bn haul
Palast, Greg; O'Kane, Maggie; Madlena, Chavala
2011
Pressure grows to end trade that has made $1bn for speculators but has been blamed for delaying recovery of war-torn countries.

From the Connexions Archives

New Internationalist
Serial Publication (Periodical)
New Internationalist reports on issues of world poverty and inequality. We focus attention on the unjust relationship between the powerful and the powerless worldwide in the fight for global justice.