E262 - American Austerity in the Philippines w/ Lisandro Claudio

Subscribe now for an ad-free experience and to get all of our episodes. 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. Listen to our "History of the Philippines" series with Lisandro. Learn more about your ad choices. Visit megaphone.fm/adchoices