state & markets

Doug Henwood dhenwood at panix.com
Fri Dec 17 11:21:57 PST 1999


Patrick Bond wrote:


>On 16 Dec 99, at 19:00, Doug Henwood wrote:
> > ... no World Bank, no Third World industrial
> > infrastructure.
> > What do other people think?
>
>I don't think you've been following the World Bank's strategy for
>deindustrialising large chunks of the Third World. It really works!

Destroying local industry while supporting foreign-owned export-oriented industry. Maybe not in Africa, but certainly there's been plenty of that in Asia and Latin America.

Doug



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