By Kevin Danaher

ISBN-10: 1583224645

ISBN-13: 9781583224649

Author Note: ahead via Amuradha Mittal

2nd variation, revised and expanded

A veritable "Globalization for Dummies," 10 purposes to Abolish the IMF & global Banklays naked the most typical myths of globalization in a transparent and comprehensible way.Looking with wish to grassroots movement-building on a world scale, Danaher offers ten arguments for abolishing the IMF and global financial institution and changing them with democratic associations that might make the worldwide economic system extra in charge to an educated and energetic citizenry.

Conceived as an attempt to coach the general public approximately how overseas associations of "free trade" are widening the space among the wealthy and negative globally, Danaher finds how the lending guidelines of the IMF and the realm financial institution fail to learn 3rd global peoples, and as a substitute line the wallet of undemocratic rulers and western organisations whereas threatening neighborhood democracies and forcing cuts to social programs.

Through anecdotes, research, and cutting edge principles, Danaher argues that the IMF and the realm financial institution undermine our most simple democratic values, and demands reframing the phrases on which overseas financial associations are operated utilizing the rules of environmental sustainability, social justice, and human rights.

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Additional resources for 10 Reasons to Abolish the IMF & World Bank (2nd Edition) (Open Media Series, Volume 7)

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Malden, MA: Blackwell. Drori, G. 2005. Global E-Litism: Digital Technology, Social Inequality, and Transnationality. New York: Worth. Friedman, T. 2005. The World Is Flat. New York: Farrar, Strauss and Giroux. Giddens, A. 2000. Runaway World: How Globalization Is Reshaping Our Lives. New York: Routledge. Hardt, M. and Negri, A. 2000. Empire. Cambridge, MA: Harvard University Press. Hardt, M. and Negri, A. 2004. Multitude. New York: Penguin. Harvey, D. 1989. The Condition of Postmodernity. Oxford: Blackwell.

By the 1980s there was a global shift in focus from national development to economic liberalization and this new orientation was firmly established by 1989. A series of GATT meetings (the Uruguay Round) beginning in 1986 culminated in the formation of the World Trade Organization (WTO) in 1995. This became the organization whose primary task was the development and enforcement of that which liberalized trade or, in other words, supported the much ballyhooed idea of ‘free trade’. This was linked to the development of regional free trade IGOs such as the controversial North Atlantic Free Trade Association (NAFTA) and the hotly debated proposal for the creation of a Free Trade Area of the Americas (FTAA).

London: Routledge. Ritzer, G. 1995. Expressing America: A Critique of the Global Credit Card Society. Thousand Oaks, CA: Pine Forge Press. Ritzer, G. 2004a. The Globalization of Nothing. Thousand Oaks, CA: Pine Forge Press. Ritzer, G. 2004b. The McDonaldization of Society, rev. New Century edn. Thousand Oaks, CA: Pine Forge Press. Ritzer, G. 2005. Enchanting a Disenchanted World: Revolutionizing the Means of Consumption, 2nd edn. Thousand Oaks, CA: Pine Forge Press. Part I Introduction Introduction to Part I George Ritzer Part I offers a series of essays that, in combination, constitute a general introduction to the study and phenomenon of globalization, especially from the point of view of sociology and the other social sciences.

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10 Reasons to Abolish the IMF & World Bank (2nd Edition) (Open Media Series, Volume 7) by Kevin Danaher

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