Haitian Voodoo Economics

By Christopher McManus On January 7th, President Rene Preval of Haiti put the final touches on the privatization of Haiti’s public telephone company, TELECO. Five days later the horrific earthquake leveled Haiti, killing over 200.000 people. The selling off of assets, the International Monetary Fund’s austerity measures, were under full swing under the Preval administration […]

Haiti Then and Now

World capitalism has never forgiven Haiti for being the home to the only fully successful slave revolt nor for becoming the first independent nation of African peoples (1804). At the point of a gun (12 French warships with 200 cannons, to be exact) they forced Haiti to pay today’s equivalent of $23 billion as the […]