this post was submitted on 17 Jul 2023
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GenZedong

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This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.

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Welcome again to everybody! Make yourself at house. In the time-honoured tradition of our group, here is our weekly discussion thread!

We have a Matrix homeserver at genzedong.xyz. See this thread for information about our Matrix space.

Short reading list for new MLs here. To find theory, try marxists.org, Anna's Archive, libgen, or Sci-Hub (for scientific articles). If an article is unavailable, try the Wayback Machine.

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[–] bennieandthez@lemmygrad.ml 11 points 1 year ago* (last edited 1 year ago) (2 children)

Lol after reading the john perkins book about being an economic hitman, its kinda ridiculous how incompetent and lazy were the global south boggie class (vendepatrias).

They hire american consultories to make the economic projections for them (which they intentionally overproject growth) so they can ask american banks for credits to pay american construction companies to make the infrastructure. Credit goes from american bank to american companies then the country has to pay the bank the credit with interests, and since the growth projections were overblown, they end up becoming debt slaves. What a business.

[–] Shrike502@lemmygrad.ml 9 points 1 year ago

Credit goes from american bank to american companies then the country has to pay the bank the credit with interests

And the comprador gets a cut. That's what it's all about.

[–] redtea@lemmygrad.ml 6 points 1 year ago (1 children)

Easy money for some.

Is the book worth a read? It sounds like a different argument but I enjoyed The Death of Homo Economicus by Peter Flemming. https://www.plutobooks.com/9780745399409/the-death-of-homo-economicus/

[–] bennieandthez@lemmygrad.ml 3 points 1 year ago* (last edited 1 year ago)

Yea its a good read, its easily consumable since its written like a novel. Ty for the recommendation btw.