The Business of Agriculture and Fiscal Prudence: The Vocabulary of the Oppressor
The deregulation of international capital flows (financial liberalisation) has effectively turned the planet into a free-for-all bonanza for the world’s richest capitalists. Under the post-World-War Two Bretton Woods monetary regime, nations put restrictions on the flow of capital. Domestic firms and banks could not freely borrow from banks elsewhere or from international capital markets, without seeking permission, and they could not simply take their money in and out of other countries.
