By Kevin Danaher
Author Note: ahead via Amuradha Mittal
2nd variation, revised and expanded
A veritable "Globalization for Dummies," 10 purposes to Abolish the IMF & global Banklays naked the most typical myths of globalization in a transparent and comprehensible way.Looking with wish to grassroots movement-building on an international scale, Danaher offers ten arguments for abolishing the IMF and international financial institution and changing them with democratic associations that may make the worldwide financial system extra responsible to an educated and energetic citizenry.
Conceived as an attempt to coach the general public approximately how overseas associations of "free trade" are widening the space among the wealthy and bad globally, Danaher unearths how the lending regulations of the IMF and the area financial institution fail to learn 3rd global peoples, and as an alternative line the wallet of undemocratic rulers and western organisations whereas threatening neighborhood democracies and forcing cuts to social programs.
Through anecdotes, research, and cutting edge rules, Danaher argues that the IMF and the area financial institution undermine our most simple democratic values, and demands reframing the phrases on which foreign financial associations are operated utilizing the foundations of environmental sustainability, social justice, and human rights.
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Additional info for 10 Reasons to Abolish the IMF & World Bank (2nd Edition) (Open Media Series, Volume 7)
We marched right up to the lines and began smashing through with stones and sticks. The police were not prepared at all for such determination and after thirty seconds they scurried away. ’ The road was wide open as we marched the long distances from one roundabout to the next, following the road signs to the M9. We came across four people wrapped in trash-bags, who peeked their heads out from the side of the road in 31 SHUT THEM DOWN! amazement at the march passing by. They were part of the hundreds that had left early to hide among the trees, completely drenched by the continual rainfall.
Instead of dealing with 9/11 as a crime whose perpetrators were to be apprehended, tried and convicted on the basis of international law, it was seen by the Bush administration as a symbolic attack on the US’s status as the hegemonic power guaranteeing the operation of the rules of the world market. Soon after 9/11, George W. Bush expressed this vision when he identified the real enemy as nation states comprising ‘the axis of evil’ – Iraq, Iran and North Korea – and any of the other unnamed 30 or 40 other ‘rogue’, or potentially ‘terroristharbouring’ nation states throughout the planet.
A second criticism is that we never had enough political discussion. Although we adopted some specific political aims, as time progressed they were not discussed with newcomers, and in an effort to be inclusive, political differences were often overlooked. Of course, it’s possible that those differences were simply differences in knowledge, experience and understanding, but we never got to find out. The open group meetings had packed business-orientated agendas, leaving any political discussion as largely incidental.