World Bank

From Consumerium development wiki R&D Wiki
Revision as of 22:27, 8 April 2004 by (talk) (worst?)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

The World Bank is thought by many people to be the single most destructive institution on Earth (the WTO and IMF and UN Security Council and currency markets and commodity markets and television and Internet being competing bad things that many think are worse).

The World Bank approves and funds extremely destructive projects in China and Congo and Brazil, which expand roads that lead to deforestation and extinction and new viruses that jump species into humans and kill large numbers of people (sometimes using factory farms as incubators on the way, though the new virus almost always comes from a newly damaged forest area or wild bird/animal population). The damage done by these projects is incredible, astonishing even, reducing nature's services to all people.

Former economists at the Bank have sometimes left their jobs to take part in protests against it, Joseph Stiglitz being the most obvious example.