The Power of a Dollar
Microcredit is nothing more than a socially validated way for financial elites to exploit the poor.
Milford Bateman is a visiting professor of economics at Juraj Dobrila University of Pula in Croatia and adjunct professor of development studies at Saint Mary’s University in Halifax. He is the author of Why Doesn’t Microfinance Work? The Destructive Rise of Local Neoliberalism.
Microcredit is nothing more than a socially validated way for financial elites to exploit the poor.