/lit/ - Literature

>>7544904

>I do believe studying the basics of economy and economy history is also foundamental for my goal.

I would heavily recommend "The Globalization of Poverty and the New World Order" by Chossudovsky. It sounds a little tin-foily from the title but its basically a critical examination of the history of WTO/IMF/World Bank policy in 2nd/3rd world and developing countries and the the ensuing effects. Most of the events in the book have to do from the late 1970's to the late 1990's.

Of course the author is biased against the mentioned financial institutions but at the same time the book reads like an academic study and is chock-full with facts that are cited using reputable sources. Ultimately, the IMF and similar groups do play an important role in international finance but at the same time the legacy of it and similar groups from the 70's to the late 90's has been pretty bad and alot of the time the countries its "structual adjustment packages" are meant to help often end up worse then before and the only ones that benefit are the foreign investors who come in and buy up assets, privatize services and raise their prices and push out domestic producers of various products with foreign imports. Basically, while these international financial groups do sometimes help countries with different things a lot of their stated intents and rhetoric conceals the fact that they are essentially using economic warfare to enable western megabanks and megainvestors to come in a make a bunch of money off countries services and resources without these countries ever seeing any benefit from it and often ending up alot worse.

Michel Chossudovsky's valuable study addresses some of the most important issues of the current era. -- Noam Chomsky