“Export-Led Development”

The IMF and World Bank present
“Export-Led Development”

Once upon a time, colonies provided cheap raw materials for foreign masters.
One such colony thought itself big enough and independent enough to be beyond the masters, but the old masters still wanted cheap raw materials.
They usurped the independence of this independent colony by making believe it was in league with the Old Master.
Soon the independent colony was exporting the energy of it’s human inhabitants labor capital as well.
They were told they were building a great nation as their capital energy condensed into the grip of fewer hands.
Unlike the old colonies, enslaved from freedom and sovereignty. They were entranced with the lure of growing commodities to grow rich like the masters.
As the old colonies gained freedom and independence from slavery were lent money to rip put their rice fields as we have done our wheat fields, they to grow
Palm oil
Coffee
Rubber
Chocolate
We to grow
Canola
GM Soybean
GM Corn
[everything master needs]
So they grow and ship to us
We grow and consume
All the colonies plant
Palm oil
Coffee
Rubber
Chocolate

Too much everything!
Over production!
Price crash!
Have no fear we consume!
The prices so low, we don’t ask how they survive.
How can they afford now imported,
Food…..
Machinery…..
Medicine…..
We all borrow more money?
They rip out more rice fields and rain forest!
We water more desert, toxify fertile soils, and supplant our wheat fields.
We all plant more
Palm oil…..
Coffee…..
Rubber…..
Chocolate…..
Canola…..
GM Soybean…..
GM Corn…..
To keep up with interest payments!
Price Crash!
How do we manage!
We are offered more money to borrow.
More is planted, so more is consumed to pay back the interest.
Wage Crash!
Price Crash!
Borrow…..
[pay bank interest]
Plant…..
[pay bank interest]
Crash!
[pay bank interest]
Borrow….
[pay bank interest]
Plant….
[pay bank interest]
Crash!
[cut health and education]
Borrow…
[cut basics subsidies]
plant…
[pay bank interest]
Crash!
[privatize national bank]
Borrow..
[privatize everything]
Plant..
[pay bank interest]
CRASH!!!

What was once accomplished with Empire and Invasions…
With napalm
Cluster-bombs and
Death Squads…
Is now accomplished with loans,
‘Economic Reforms’
‘Export Led Development’
‘Mortgage, Death Pledge’

We are never asked if we want development in this way
The banks, corporations and government just tell us to keep quite and keep working. Yet most have no knowledge of the borrowed billions they are working to pay,
Sovereignty is taken and austerity is returned.
Why can’t we see why we are angry. Is the direction to direct it not clear.
Ctrl, Alt, Delete. It’s a time for reset.

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