Your Money or Your Life: The Tyranny of Global Finance” by Eric Toussaint is a groundbreaking exploration of how global financial systems perpetuate inequality and dominate developing nations. In this powerful book, Toussaint, a prominent political scientist and historian, delves deep into the mechanisms of debt, revealing how international financial institutions and wealthy nations use it as a tool of control and exploitation.

This book provides a detailed analysis of the economic policies and practices that have led to the impoverishment of many countries, exposing the injustices of the global economy. Toussaint argues that the current financial system is unsustainable and calls for urgent reform to achieve true economic justice. Through clear explanations and compelling case studies, he challenges readers to rethink the role of debt in the global economy and to advocate for transformative change.

Ideal for those interested in global economics, social justice, and the complexities of international finance, Your Money or Your Life is an essential read for anyone looking to understand the forces shaping our world today. Whether you’re a student, activist, or concerned global citizen, this book will equip you with the knowledge and insights needed to challenge the status quo and contribute to a more equitable global financial system.

WHY THIS BOOK?

Choosing Your Money or Your Life: The Tyranny of Global Finance by Eric Toussaint is not just about reading another book; it’s about equipping yourself with the knowledge and understanding necessary to navigate and challenge the complexities of the global financial system. This book offers a critical analysis of how debt is used as a tool for economic domination, shedding light on the mechanisms that perpetuate inequality and injustice in developing nations.

By choosing this book, you’re choosing to educate yourself on the real forces that shape our world, empowering yourself to think critically about the economic policies and practices that affect millions of lives. Eric Toussaint’s expertise and in-depth research make this a must-read for anyone who is passionate about social justice, global economics, or simply wants to make a difference in the world. This book will not only inform you but inspire you to be part of the movement toward a fairer and more equitable global financial system.

CONTENTS

1. Globalisation and the Neo-Liberal Offensive 

2. The Concentration of Capital 

3. Globalisation and Exclusion: the Marginalisation of the Third World and the Strengthening of the Triad 

4. Financial Globalisation 

5. Globalisation and the Growing Debt Burden 

6. The Debt Crisis in Historical Perspective 

7. The Third World Debt Crisis in the 198Os and 199Os 

8. The Transfer of Wealth from the South to the North 

9. The World Bank and the IMF: 50 Years is Enough! 

10. The World Bank and the Third World Debt Crisis 

11. Structural Adjustment Programmes 

12. The Two Phases of Structural Adjustment

13. Neo-Liberal Ideology and Policies in Historical Perspective 

14. Debt in the 1990s: Latin America and Sub-Saharan Africa 

15. Case Studies 
Argentina 
Mexico 
Rwanda 

16. The Asian Crisis and its International Repercussions

17. Towards an Alternative 

18. Globalising Resistance