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IMF

The IMF Is a Weapon Against Women — They Have the Power to Fight Against It

The International Monetary Fund, based in Washington, has a very particular gender perspective. The adjustment plans it negotiates with the governments of debtor countries fall on the backs of working people, and it is women from the poorest households who are most affected. These effects are universal across the globe. This article uses Argentina to make the case.

Andrea D'Atri

November 30, 2021

How to Escape the Eternal Debt Trap

The fight against the foreign debt that strangles Argentina is at the center of the electoral campaign of the Workers Left Front — Unity (FIT–U). This article explains how imperialism uses the debt to subjugate the masses, and spells out a program in opposition.

Lucia Ortega

November 11, 2021

Thousands in Ecuador Protest the Government’s Austerity Measures

Thousands have taken to the streets in Ecuador to protest increases in fuel prices and the government’s austerity measures. But the union and social movement leaderships are not putting forward a serious plan of struggle to defeat these plans through a real national strike.

Diego Sacchi

October 28, 2021

A Better 2021: The Wishful Thinking of Bourgeois Economics Forecasts

Bourgeois economists acknowledge that while 2021 will be a more-or-less tough year for profits and exploitation, success is on the horizon. What’s really behind their forecasts?

Scott Cooper

January 1, 2021

Mass Rebellion in Costa Rica Beats Back the Government and the International Monetary Fund

A mass rebellion reminiscent of the Yellow Vest movement in France has forced the government of Carlos Alvarado to back down from its plans for destructive tax increases, cuts to public services, and privatizations. The rebellion has changed the political dynamics in a country which was formerly seen as “the Switzerland of Central America.”

Rob Lyons

October 19, 2020

Mass Protests in Ecuador Force Government to Withdraw Austerity Measures–Was More Possible?

Ecuador’s week and a half of massive protests and occupations ended on October 13 with a deal between the government and leaders of the indigenous movement. Although the terms of the agreement included the reinstatement of fuel subsidies, Moreno remains in power and is intent on implementing further austerity on behalf of the IMF.

Tatiana Cozzarelli

October 18, 2019

What Is the IMF and How Does It Work?

A wave of protests against austerity programs promoted by the IMF is rocking several countries. Below are keys to understanding what this organization is and how it works.

Ana Rivera

October 17, 2019

Ecuador: Down with the IMF and the Moreno Austerity Plan!

Prepare the general strike to remove the government and set a way forward for the population of workers, peasants, and indigenous peoples! In the face of the political and social crisis in Ecuador, only the workers, the indigenous people, and the poor can provide a progressive solution.

General Strike Against the IMF Shuts Down Ecuador

On Wednesday, thousands of people across Ecuador took to the streets and walked out of their workplaces on the seventh day of a national uprising against the austerity policies of President Lenín Moreno and the IMF. The national strike was coordinated by indigenous groups in conjunction with Ecuador’s biggest trade unions and the student movement, and was heavily repressed by military and police forces.

Madeleine Freeman

October 10, 2019