A veritable Globalization for Dummies, 10 Reasons to Abolish the IMF &
World Bank lays bare the most common myths of globalization in a clear
and understandable way. Looking with hope to grassroots
movement-building on a global scale, Danaher presents ten arguments for
abolishing the IMF and World Bank and replacing them with democratic
institutions that would make the global economy more accountable to an
informed and active citizenry.
Conceived as an effort to educate the public about how international
institutions of free trade are widening the gap between the rich and
poor globally, Danaher reveals how the lending policies of the IMF and
the World Bank fail to benefit Third World peoples, and instead line the
pockets of undemocratic rulers and western corporations while
threatening local democracies and forcing cuts to social programs.
Through anecdotes, analysis, and innovative ideas, Danaher argues that
the IMF and the World Bank undermine our most basic democratic values,
and calls for reframing the terms on which international economic
institutions are operated using the principles of environmental
sustainability, social justice, and human rights.