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FIFA's bribery scandal isn't a soccer problem, it's a global finance problem.

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I was kind of sorry to see Blatter make the announcement that he’s bowing out, because he really has served brilliantly as the personification of the elite that takes so much, and gives so little, and yet has support of other elites.

Political economist Patrick Bond follows the complex web of money and favor that guides FIFA’s World Cup selection process, ties the group’s corruption of Africa’s illicit financial flows, and explains why Sepp Blatter was the perfect, unrepentant face for a system dedicated to extracting massive profits from already inequal countries.

Patrick wrote the TeleSur article FIFA Fraud, Africa’s Corruption and Elite Silence.

Interview Transcript via Antidote Zine

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Patrick Bond

Patrick Bond is a political economist based at the University of KwaZulu-Natal School of Development Studies in Durban, where he directs the Centre for Civil Society.

 

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