Dominic Brown will discuss the strategies being proposed by popular movements in the Global South to confront their debt. He will reflect on current movements and their demands from a historical perspective with a focus on South Africa – his home country. Brown will demonstrate how debt issuance in the Global South is often used to implement neoliberal and austerity policies, and discuss how this tendency can be stopped from the bottom up.
Is there a perspective for collective opposition from the side of ‘Southern’ countries towards the new debt crisis that is looming now that the pandemic is locking down economies? To what extent do the current campaigns build on the former ones? What lessons can be drawn from the Jubilee 2000 Debt Cancellation Campaign? How does the issue of debt connect to other issues, such as inequality and poverty. And how does debt unite different social struggles? Which theory of change underlies all these movements that fight for global justice and redistribute change?