Lisandro Claudio joins Danny and Derek to explore how US colonial austerity shaped the Philippines and continues to influence its economy and politics today.
Phillipines President Ferdinand and Imelda Marcos at the White House with US President Ronald Reagan in 1982.(Universal History Archive / Universal Images Group via Getty Images)
Danny and Derek welcome historian Lisandro Claudio back to the program to talk about how austerity, first imposed by the US during its colonial rule of the Philippines, continues to influence the Filipino political economy. They discuss the colonial gold standard, dollar diplomacy, Miguel Cuaderno and the Central Bank of the Philippines, Ferdinand Marcos being forced to depreciate the peso, the Filipino left’s anti-debt stance, and the country’s dependency on exported labor.Grab your copy of Lisandro’s book The Profligate Colonial: How the US Exported Austerity to the Philippines.
Subscribe to The Nation to support all of our podcasts: thenation.com/subscribe.
Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.
Danny and Derek welcome historian Lisandro Claudio back to the program to talk about how austerity, first imposed by the U.S. during its colonial rule of the Philippines, continues to influence the Filipino political economy. They discuss the colonial gold standard, dollar diplomacy, Miguel Cuaderno and the Central Bank of the Philippines, Ferdinand Marcos being forced to depreciate the peso, the Filipino Left’s anti-debt stance, and the country’s dependency on exported labor.
Grab your copy of Lisandro’s book The Profligate Colonial: How the US Exported Austerity to the Philippines.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Daniel BessnerTwitterDaniel Bessner is a historian of US foreign relations and is the author of, among other books, Imperialist Realism.
Derek DavisonDerek Davison is a writer and analyst specializing in international affairs and US foreign policy. He is the publisher of the Foreign Exchanges newsletter, cohost of the American Prestige podcast, and former editor of LobeLog.