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> West has....abandoned it as a policy. Has it though? They don't do it overtly but through IMF. When a debt ridden country approaches IMF for help that help c
by vishnugupta 4y ago
> West has....abandoned it as a policy.
Has it though? They don't do it overtly but through IMF. When a debt ridden country approaches IMF for help that help comes with heavy strings attached such as cutting down social spending, and privatisation. And IMF is controlled by ex-colonial nations. Even a developed nation like Greece got a taste of it. The funny thing is through a debt ridden country IMF is in fact helping debtors who are mostly western entities.
There are quite a few layers here to peel but safe to say west hasn't abandoned their policy just that they outsourced it to IMF.