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| Muhammad Yunus Credit: University of Salford Press Office |
Micro-credit is usually promoted as some kind of miracle cure for poverty. It´s often associated with Muhammad Yunus, who even got the Nobel Peace Prize for his efforts. The link below goes to a radical leftist critique of this phenomenon published in 2014 (yes, I know that WSWS is a *very* controversial site). Oh, and Yunus was appointed de facto Prime Minister of Bangladesh just the other day...
Micro-credit and the return of debt bondage for the world´s poor
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