[lbo-talk] Crimes of Neoliberalism

[ken hanly]

Is there any evidence that the World Bank or IMF have reformed? The conditions placed on Iceland and Hungary and no doubt those on the Ukraine too involve all sorts of structural reforms and restrictions. The interest rate in Iceland has soared to 18 per cent I understand!

Blog:  http://kenthink7.blogspot.com/index.html
Blog:  http://kencan7.blogspot.com/index.html

--- On Wed, 12/10/08, dredmond at efn.org <dredmond at efn.org> wrote:


> From: dredmond at efn.org <dredmond at efn.org>
> Subject: [lbo-talk] Crimes of Neoliberalism
> To: lbo-talk at lbo-talk.org
> Date: Wednesday, December 10, 2008, 8:35 PM
> It's amazing that stories like this can now, finally, be
> published openly
> in Bloomberg:
> 
> >
> http://www.bloomberg.com/apps/news?pid=20601109&sid=aSueX0nYxMrg&refer=home
> >
> > World Bank’s ‘Wrong Advice’ Left Silos Empty in
> Poor Countries
> > By Alison Fitzgerald and Helen Murphy
> >
> > About 40 million people joined the ranks of the
> undernourished this year,
> > bringing the estimate of the world’s hungry to 963
> million of its 6.8
> > billion people, the Rome-based United Nations Food and
> Agriculture
> > Organization said yesterday. The growth didn’t come
> just from natural
> > causes. A manmade recipe for famine included corrupt
> governments and
> > companies that profited on misery. Another ingredient:
> The World Bank’s
> > free-market policies, which over almost three decades
> brought poor
> > nations like El Salvador into global grain markets,
> where prices surged.
> 
> -- DRR
> 
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