> The IMF and the World Bank were part of the world superstructure set up alongside the UN It is european colonization transformed into western neocolonization

> The IMF and the World Bank were part of the world superstructure set up alongside the UN It is european colonization transformed into western neocolonization. It is the bretton woods international system set up after ww2 when the british empire ceded world leadership to the US and many of the european colonial powers ( british, dutch, french, etc ) joined the US in "collective" rule of the world rather than fighting each other for colonies. The era of direct european colonization led by the british empire was fraying and starting to collapse as the soviets, chinese, germans and the japanese all exploited and made inroads against european colonization around the world. So an era of "indirect" european/western neocolonization was created to replace the direct european colonization of the past 500 years or so. > A good example of this was during the Southeast Financial Crisis that in 97-98 that toppled the Indonesian government and still to this day has left abandoned skyscrapers in Bangkok. At the beginning of the crisis the IMF had a policy against restricting investor access to banks, believing it was better to "let the market work". Ah... The age old question, who/what caused the asian financial crisis... > the IMF had changed positions and was fully committed to using international law to stop irrational investor panic. Isn't it funny how every crisis, the FED and the IMF gets stronger and stronger. > People forget HOW HUGE THIS WAS. There was a Time magazine cover at the time that literally read "The Committee to Save The World" with Greenspan, Summers, and Rubin on it. I really wouldn't believe much from a propaganda outfit like TIME. > Interestingly, though this problem would later help usher in the Dot Com bubble. That's the idea. Build bubbles, cause panic, demand more control for printing more money and bailing out institutions/etc. Of course, they themselves cause the panics, but as I said, that's for another time. Essentially. The UN, IMF, World Bank are pillars of western neocolonialism. It's only naive people who expect "good" from these institutions. That would be as silly as an indian or a chinese expecting "good" from the british empire or the indonesians from the dutch empire or the filipinos from the spanish empire/american empire.