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Don’t forget to drop the debt
Now is the perfect time to highlight and confront the systems of neocolonial exploitation of developing countries by unjust loans — and we can fight the fight here in Britain, writes KEN LIVINGSTONE
Drop the debt

THE international coronavirus pandemic has shown more than ever how both in society here in Britain and in terms of different countries and continents all over the globe, we are more intertwined that ever.

In this situation, there are two possible responses. Either both societies and international relations come out of this crisis with the values of solidarity and humanitarianism strengthened.

Or we see a new strengthening of the politics of Trump, the Brazilian far-right President Bolsonaro and others triumph, a politics that is prepared to sacrifice the health and lives of the poorest around the globe for future mega-profits for the 1 per cent.

One issue that has come to the fore during this crisis internationally, has been that of the vast amounts of debt low-income countries around the world “owe” to the big (often formerly colonial) powers, including through global institutions such as the IMF and the World Bank.

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