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The Dig: Private Money with Stefan Eich

Jacobin Radio

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The Importance of Shared Benefits Rather Than Sacrifice

Third world counted close to 100 countries that included more than two thirds of the world's population. Its cumulative voting share at the i m f amounted to no more than 35% and thus less than the forty % of the five leading industrial powers alone. So this emphasis on shared benefits rather than sacrifice, becomes a kind of really important slogan in the second half of 19 seventies concerning the monetary questions for third world countries like tansina and jamaica.

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