Your Money or Your Life!

INDEX/319

206-8; social movements,
209-10; wealth in, 79, 207;
Zapatistas, 210-12, 256
migration, restrictions on, 4, 106-7
Mises, Ludwig von, 179, 180-1
Mitterand, Francois, 93
MNCs (multinational corporations),
xi-xii, 5, 44-5, 203, 249;
control of world trade, 26-7, 99;
corporate mergers, xxi, 31-2,
32; financialisation, 47-50; and
global concentration, 33; and
globalisation of capital, 26-8;
internal resistance in, 256-7;
repatriation of profits, 8,
99-101, 197, 197; size of, 27;
trade within, 45-6
Mobutu, General, corruption of, 85,
86, 87, 244-5
monetary reform, 246
Mont-Pelerin, Societedu, 180-1
Morgenthau, Henry, 112, 113
Morocco, adjustment model, 151,
152, 154
Multifibres Agreement, 105
Multilateral Accord on Investments
(MAI), xxvii, 100-1, 251, 293

NAFTA, 41,207
nationalisation, 172
neoliberalism, 3, 170n; Chicago
School, 181-2; imposition of
(from 1979), 89, 170, 173; and
Keynes, 178-80; and neoclassi­
cal theory, 184-5; origins,
174-7; strategic significance,
16 5-9; view of social welfare,
186-8
NGOs, 25-6, 107; in crisis, 261
Nicaragua, 251
Nixon, Richard, US President, 59
Non-Aligned Movement (NAM),
173
non-project aid, 107

North, the: public debt repayment,

94-5; unemployment, 4, see also

European Union; OECD; Triad;

United States

ODA (offical development

assistance), 93; beneficiaries of,

107-8; linked to arms sales,

108-11, see also loans

OECD, 286-7; debt calculation,

8 In; and feasibility of SAPs,

150-5; unemployment in,

15-16

offshore banking, 103

oil prices, 143

oil shock (1973), 83

oligopoly, 287

OPEC, 83,97

Ottoman Empire, foreign debt, 72

Pakistan, protectionism, 232

Paris Club, 7-8,92, 198, 199,

287-8

patents, 101, 102

patriarchy, 24, 240

pension funds, 60, 61-2, 61, 148

Periphery: debt levels, xxv-xxvi;

levels of development, 167-9, see

also Third World

petrodollars, and bank liquidity, 83,

91

Philippines, 218, 219, 225-6

political intervention: to counteract

neoliberalism, 241-2; factor in

globalisation, 28-30

politics: market democracy, xiv-xv;

and resistance to globalisation,

253-4

poverty: absolute, 17-18; Eastern

Europe, 18-19; industrialised

countries, 19-20; Mexico, 209;

Rwanda, 216-17; Sub-Saharan

Africa, 194; Third World,

17-18; World Bank policies on,

124-5, see also social welfare