Thursday, August 31, 2006
IMF dirty MF
The title of this post is taken from the the song, "Call It Democracy" by Bruce Cockburn, and you'll learn more about the IMF from his song than from the weak piece on NPR this morning. Adam Davidson reports on the IMF's proposal to make its voting procedures more fair, but Davidson describes the "work" of the IMF as stepping in to bail out desperately poor countries by making "demands to reform failed economies." In fact many thinking folks would assert that it is the IMF that ruins the societies and economies where it intervenes (as in Argentina and Africa for example).