U.S. imperialism has also been built through “soft power” organizations like USAID, the International Monetary Fund (IMF), the National Endowment for Democracy (NED), World Bank, the World Trade Organization (WTO), and the Organization of American States (OAS). These nominally international bodies are practically unilateral in their subservience to the interests of the U.S. state and U.S. corporations. In the 1950s and ‘60s, USAID (and its precursor organizations) made “development aid” to Asian, African, and South American countries conditional on those countries’ legal formalization of capitalist property relations, and reorganization of their economies around homeownership debt. The goal was to enclose Indigenous land, and land shared through alternate economic systems, as a method of “combatting Communism with homeownership” and creating dependency and buy-in to U.S. capitalist hegemony (Nancy Kwak, A World of Homeowners). In order to retain access to desperately needed streams of resources (e.g. IMF “loans”), Global South governments are forced to accept resource-extraction by the U.S., while at the same time denying their own people popularly supported policies such as land reform, economic diversification, and food sovereignty. It is also important to note that Global South nations have never received reparations or compensation for the resources that have been stolen from them–this makes the idea of “loans” by global monetary institutions even more outrageous.