3 ms·
Right and all of the EU benefits and invests in the World Bank which is one of the major forces used to keep the third world always in a state of "developing" t
by culi 4y ago
Right and all of the EU benefits and invests in the World Bank which is one of the major forces used to keep the third world always in a state of "developing" through structural adjustment policies that keep them from ever actually developing
- sokoloff 4y agoI can’t tell if you think the World Bank should do more/different or stop meddling entirely and allow the countries to develop on their own.
- culi 4y agoI think at this point the World Bank owes a lot of these countries but every time they market something as "debt forgiveness" it just turns into more of the same thing we've seen with structural readjustment. I'd recommend Ha-Joon Chang's Kicking Away the Ladder if you wanna see a deep dive into the topic