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This is a clip from the documentary The End of Poverty in which Eric Toussaint summarizes the effect of European colonialism and imperialism using the symbolic date of 1492 as a starting point for this process that led to Europe dominating the world for centuries.
- The End of Poverty
- Running time
- 0m 41s
- USA, November 01, 2009
- Cinema Libre Studio
- About The End of Poverty
The documentary, The End of Poverty argues that global poverty did not just happen. It began with military conquest, slavery and colonization that resulted in the seizure of land, minerals and forced labor. Today, the problem persists because of unfair debt, trade and tax policies — in other words, wealthy countries taking advantage of poor, developing countries.
- About Eric Toussaint
- Founder and president of CADTM (Committee for the Abolition of Third World Debt)
Eric Toussaint, doctor in Political Science is the founder and president of CADTM (Committee for the Abolition of Third World Debt) and a fellow and frequent lecturer at the International Institute of Research & Education, Amsterdam. Due to his knowledge of the debt of developing countries he became the advisor of many governments and presidents like the ones of Mali, Venezuela or more recently Ecuador. He is the author of many books including: Your money [or] Your Life — The Tyranny of Global Finance, The Debt Scam — IMF, World Bank and Third World Debt, Globalization: Reality, Resistance & Alternatives, The World Bank — A Never-Ending Coup d’Etat.
I think there is a key date: 1492. This was the start of an extremely brutal intervention by the Europeans on what is now known as the People of the Americas. From that point on, we can talk of globalization because during the 15th century, almost all of the continents are connected together by brutal European domination which will spread progressively towards Asia and Africa.
— Eric Toussaint