Washington Post on A16

Max B. Sawicky sawicky at epinet.org
Thu Apr 20 09:23:10 PDT 2000



>. . . The discerning reader may judge whether what follows corresponds to
BDL's bleak panorama of brainless dissent. mbs
>
>April 13, 2000 Issue Brief #141
>MELTZER REPORT MISSES THE MARK
>Commission’s recommendations for World Bank, IMF need further consideration
>by Christian Weller

Weller is smart, but is part of the (tiny) pro-IMF and pro-IFI movement, not the main channel of the left--the one that Seth calls the anti-IFI movement. In short, I count Weller as mine, not yours (whoever "you" are :-) )...


>>>>>>>>>>>

[mbs] Oh lord have mercy. "Pro-IMF"? "Mine, not yours?" Help me I'm dyin'.

It's something like this: you have all these kids out there carrying paper mache fish, wearing bamboo skirts (well one, at least), saying the IMF, WB, WTO, and capitalism in general are not nice. This belief is founded on their perceived behavior, not their inner essence. Inner essence requires theory, and most of the kidz are not long on theory. So if the IMF/WB/WTO behavior changed radically, I presume this perception would as well. So 'anti-IFI' and 'pro-IMF' in your terms actually overlap. We could say the set of 'pro-imf' (your def) is contained within 'anti-IFI'. (The inappropriatenesss of labels is on you.) In other words, your distinction between EPI type Weller and the weekend demonstrators is false, not least in light of the fact that EPI types were well-represented at the demo.


>>>>>>>>>> . . .
Is there space for a political platform that would quadruple the IMF's resources and require it to worry about the maintenance of near full employment during structural adjustment? I don't see it... Brad DeLong
>>>>>>>>>>>>>>>

[mbs] Here's a few more items from the "tiny" faction to which you allude:

" . . . Our message is that citizens of rich nations as well as poor nations are united in our demand that the IMF, the WTO and the World Bank stop encouraging corporate greed and start addressing human need. . . . "

Richard Trumka, 4/16/2000

" . . . The IMF and the World Bank have both recently committed themselves to the goal of poverty reduction. This is an important step forward. To follow through on this commitment, the World Bank and the IMF must fundamentally alter their loan policies to create sustainable and broadly shared growth.

The IFIs should encourage growth led by strong domestic demand, and supported by sensible regulation of investment, rather than placing undue emphasis on export-led growth. . . . "

http://www.aflcio.org/globaleconomy/global_imf_wbank.htm

Look harder.

mbs



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