num_pages: 280
description: For as long as there have been rich nations and poor nations debt has been a powerful force for maintaining the unequal relations between them. Treated as sacrosanct immutable and eternally binding it has become the yoke of choice for imperial powers in the post-colonial world to enforce their dominance over the global south. In this ground-breaking history renowned economist ric Toussaint argues for a radical reversal of this balance of accounts through the repudiation of sovereign debt.
language: English
title: The Debt System: A History of Sovereign Debts and their Repudiation
publisher: Haymarket Books