Archive for August 18th, 2015

18/08/2015

The Game Is Dirty and the Formula for Big Profit, Simple

Human Wrongs Watch

By Johan Galtung*

18 August 2015 – TRANSCEND Media Service  The game is dirty and has lasted 70 years. It came with the idea of development as imitating, but not catching up, with the West, for all states, including the deluge of states due to decolonization.

"*The Industrial Workers of the World poster "Pyramid of Capitalist System" (1911) by IWW | Wikimedia Commons.

“*The Industrial Workers of the World poster “Pyramid of Capitalist System” (1911) by IWW | Wikimedia Commons.

The formula for big profit is simple: give credit to a country poor enough not to be able to pay it off quickly, yet not so poor that it cannot go on servicing the loan for years.

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