The Globalization of Poverty and the New World Order

NOVANEWS

by Michel Chossudovsky

In this new and expanded edition of Chossudovsky’s international best-seller, the author outlines the contours of a New World Order which feeds on human poverty and the destruction of the environment, generates social apartheid, encourages racism and ethnic strife and undermines the rights of women. The result as his detailed examples from all parts of the world show so convincingly, is a globalization of poverty.

This book is a skilful combination of lucid explanation and cogently argued critique of the fundamental directions in which our world is moving financially and economically.

In this new enlarged edition –which includes ten new chapters and a new introduction– the author reviews the causes and consequences of famine in Sub-Saharan Africa, the dramatic meltdown of financial markets, the demise of State social programs and the devastation resulting from corporate downsizing and trade liberalisation.

Michel Chossudovsky is Professor of Economics (emeritus) at the University of Ottawa and Director of the Centre for Research on Globalization (CRG), which hosts the critically acclaimed website www.globalresearch.ca . He is a contributor to the Encyclopedia Britannica. His writings have been translated into more than 20 languages.

Published in 13 languages. More than 120,000 copies sold Worldwide.
In these unprecedented economic times, the world is experiencing as a whole what most of the non-Industrialized world has experienced over the past several decades. Michel Chossudovsky takes the reader through a nuanced examination of the intricacies of the global political-economic landscape and the power players within it; specifically, looking at how the World Bank and IMF have been the greatest purveyors of poverty around the world, despite their rhetorical claims to the opposite. These institutions, representing the powerful Western nations and the financial interests that dominate them, spread social apartheid around the world, exploiting both the people and the resources of the vast majority of the world’s population. As Chossudovsky examines in this updated edition, often the programs of these International Financial Instittutions go hand-in-hand with covert military and intelligence operations undertaken by powerful Western nations with an objective to destabilize, control, destroy and dominate nations and people, such as in the cases of Rwanda and Yugoslavia.
To understand what role these international organizations play today, being pushed to the front lines and given unprecedented power and scope as ever before to manage the Global Economic Crisis, one must understand from whence they came. This book provides a detailed, exploratory, readable and multi-faceted examination of these institutions and actors as agents of the ‘New World Order,’ for which they advance the ‘Globalization of Poverty.’