The consequences of IMF orthodoxy are often deadly, with the Malawi case as one very painful episode. In 1996, the IMF staff pushed the government of Malawi to privatize its agricultural development and marketing corporation. This body held Malawi’s grain stock, and it regulated the price for the sale of grain in the country. Privatization of the corporation in 1999 left Malawi’s government without a means to protect its population in case of an emergency. Between October 2001 and March 2002, the price of maize shot up by 400 percent. Flooding in 2000-2001 and a year of drought set the food production in the country into distress. People began to die of starvation... The IMF did not relent. Malawi had to continue to service its debt. In 2002, it spent $70 million on its debt service payments, which was 20 percent of its national budget . There was no lifeline through to Malawi, whose food crisis continues till today... No one within the IMF meeting will raise the question of democracy, both in terms of the IMF’s own functioning and in terms of the IMF’s relationship with sovereign countries around the world.
- Vijay Prashad
The CIA teachers were excellent at their jobs. of the CIA went to Uruguay, where ge taught the right wing groups how to use torture. 'The precise pain, in the precise place, in the precise amount, for the desired effect' - that was his credo. His favorite torture was to electrocute the genitals. He was killed by the left-wing in 1970.
- Vijay Prashad
In South America, the US government worked with the archipelago of military juntas from Argentina to Paraguay to abduct, torture, and murder Communists in the continent. This programme, which ran from 1975 to 1989, was called. It would kill around 100,000 people and imprison half a million.
- Vijay Prashad
As the lights went out in the USSR and as the Third World Project surrendered before imperialist liberalization, a new era of intervention opened up. If the previous era felt like a roll call of coups, interventions, and invasions, populated by a rogues' gallery of butchers, assassins, and wheeler-dealers backed by Western intelligence services, now, after the fall of the USSR and the surrender of the Third World, the shield at the UN disappeared and the interventions from the West came like a tsunami.
- Vijay Prashad
As the lights went out in the USSR and as the Third World Project surrendered before imperialist liberalization, a new era of intervention opened up. If the previous era felt like a roll call of coups, interventions, and invasions, populated by a rogues' gallery of butchers, assassins, and wheeler-dealers backed by Western intelligence services, now, after the fall of the USSR and the surrender of the Third World, the shield at the UN disappeared and the interventions from the West came like a tsunami.
- Vijay Prashad
If the United States or the French or the British intervened into countries of the Third World, this was for freedom; the Soviets and the Third World project were the essence of unfreedom: this was a remarkable feat of interpretation.
- Vijay Prashad