Life and debt critical theory

The life and debt film reflects the critical theory in the film displays how the International monetary fund causes change in Jamaica contrary to what was expected. The fund was aimed at developing Jamaica but has caused the destruction of Jamaican industries and agriculture and the tragic end of Jamaica as economically independent making it a source of market for goods from north America and acting as a source of underpaid labor. Does critical theory fall short in any way when it comes to understanding modern international institution like the IMF and world bank? No, the critical theory helps understand these institutions even more since the theory suggests that ideology is the principal obstacle of human liberation. That’s why we see the IMF crippling the Jamaican economy and agriculture leaving the country at a critical state where it is being exploited by other nations for raw materials and cheap labor.