Thursday, July 14, 2011

Loans

The Grouch Reads:
Vijay Prashad's "The Darker Nations"....

Loans:

"To burden the people with big loans...the repayment of which will be beyond their means is not to help them but to make them suffer. It is even worse when the loans they are asked to repay have not benefited the majority of the people but have only benefited a small majority."--from the Arusha Declaration (1947) quoted in Vijay Prashad's The Darker Nations; A People's History of the Third World, The New Press: New York and London, 2007, p. 192.


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