The state is the property of the nation. Still, increasingly in the face of economic crises, the rise of foreign debt, and financial crimes through the means of public-private partnerships and artificial bankruptcies, we observe gradual state capture, robbery, and transferring the state assets in private hands. This phenomenon is happening worldwide and is known in English as State capture, but the concept of corporate capture is becoming increasingly popular as well in Europe. In addition, the general structure of the economic system facilitates the transfer of entire sectors, through criminal or forced privatization, under the influence of the World Bank and the IMF. Unfortunately, there are controversial opinions about how equally these institutions protect the interests of all countries. As we explore in our study of foreign debt, there are doubts about facilitating the capture of bankrupt countries.
- Money and Debt
- Modern slavery and over-concentration of resources