10 Reasons to Abolish the IMF & World Bank (2nd Edition) by Kevin Danaher

By Kevin Danaher

Author Note: ahead through Amuradha Mittal

2nd version, revised and expanded

A veritable "Globalization for Dummies," 10 purposes to Abolish the IMF & international Banklays naked the commonest myths of globalization in a transparent and comprehensible way.Looking with desire to grassroots movement-building on an international scale, Danaher offers ten arguments for abolishing the IMF and global financial institution and exchanging them with democratic associations that might make the worldwide economic system extra dependable to an educated and lively citizenry.

Conceived as an attempt to coach the general public approximately how foreign associations of "free trade" are widening the space among the wealthy and bad globally, Danaher finds how the lending guidelines of the IMF and the realm financial institution fail to profit 3rd international peoples, and as a substitute line the wallet of undemocratic rulers and western organisations whereas threatening neighborhood democracies and forcing cuts to social programs.

Through anecdotes, research, and leading edge principles, Danaher argues that the IMF and the area financial institution undermine our most elementary democratic values, and demands reframing the phrases on which overseas monetary associations are operated utilizing the rules of environmental sustainability, social justice, and human rights.

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Extra info for 10 Reasons to Abolish the IMF & World Bank (2nd Edition) (Open Media Series, Volume 7)

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1347 The Stora Kopparberg, a copper mining company, is granted a charter by King Magnus IV of Sweden, becoming what many believe to be the first corporation. 1402 The invasion of the Canary Islands lays the colonial foundation of the Spanish Empire. 1413 The reign of Henry V begins in England and issues the first identification documents for foreign travelers, an early analog to the modern passport. 1452 Pope Nicholas V issues a Papal Bull declaring that it is permissible to enslave pagans, clearing a path for the European exploitation of African colonies.

1413 The reign of Henry V begins in England and issues the first identification documents for foreign travelers, an early analog to the modern passport. 1452 Pope Nicholas V issues a Papal Bull declaring that it is permissible to enslave pagans, clearing a path for the European exploitation of African colonies. Three years later, he would decree trade monopolies for claimed territories on the continent. 1488 Portuguese explorer Bartolomeu Dias becomes the first European to round the southernmost point of Africa, passing from the Atlantic to the Indian Ocean.

In addition, as is to be expected, given the relatively recent development of the process and widespread use of the concept of globalization, a far greater number of more contemporary concepts are treated in these pages including, for example, casinopolitanism, cathedrals of consumption, civilization, creolization, cyberspace, deglobalization, disembedding, Disneyization, distanciation, easternization, empire (and multitude), field (global), flat world, flexibilization, flows, frictions, globophilia, grobalization, human trafficking, hyperreality, imagined communities, informationalism, insourcing (and outsourcing, nearshoring, sourcing), liquidity, McDonaldization, McWorld, medium is the message, mobilities, multiculturalism, neoconservatism, non-place and place, open-sourcing, Qaedaism, runaway world, second modernity, sex segregation, sex (global), simulation, spaces of places and flows, time-space compression, and world culture.

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