Ecuadorians Protest Neo-liberal Austerity And Win
Clearing the FOG with co-hosts Margaret Flowers and Kevin Zeese · Margaret Flowers
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Show Notes
President Lenin Moreno restored neo-liberalism to Ecuador, accepting a $4.2 billion dollar loan from the US-dominated International Monetary Fund that required measures call 'structural adjustments'. These included putting austerity in place in order to repay the loan. When Moreno announced Decree 883, or "The [Austerity] Package," on October 4, the country erupted in a general strike with mass protests in many cities. Moreno imposed a national emergency, fled to the coast and sent police and troops to repress the protests. At least ten people died and thousands were injured. We speak with Wellington Echegaray, an Ecuadorian living in the United States, about the protests and about the history of political instability and difficult living conditions that led to this uprising.