World Bank: Difference between revisions
no edit summary
(worst?) |
No edit summary |
||
| Line 1: | Line 1: | ||
The '''World Bank''' is thought by many people to be the single most destructive institution on Earth (the [[WTO]] | The '''World Bank''' is thought by many people to be the single most destructive institution on Earth (the [[WTO]], [[IMF]], [[BIS]], [[UN Security Council]], [[currency markets]], [[commodity markets]], [[television]] and [[Internet]] being competing [[bad thing]]s 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 virus]]es that [[jump species]] into humans and kill large numbers of people (sometimes using [[factory farm]]s 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. | 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 virus]]es that [[jump species]] into humans and kill large numbers of people (sometimes using [[factory farm]]s 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. For those people killed, of course, the services provided are now near zero (some space for the body or [[atmospheric CO2 absorption capacity]] for the bashes) and maybe this helps increase [[GDP]] - all the '''Bank''' cares about. | ||
Former economists at the Bank have sometimes left their jobs to take part in protests against it, [[Joseph Stiglitz]] being the most obvious example. | Former economists at the Bank have sometimes left their jobs to take part in protests against it, [[Joseph Stiglitz]] being the most obvious example. | ||