Tuesday, April 3, 2012

The World Bank is a Trainwreck

Start at the beginning. When it comes to eradicating extreme poverty and hunger, the World Bank is hopeless. Wikipedia, for instance, points out that, "Africa's poverty ... is expected to rise, and most of the 36 countries where 90% of the world's undernourished children live are in Africa. Less than a quarter of countries are on track for achieving the goal of halving under-nutrition."
This is entirely indefensible. The West and NATO have spent up to US$2 trillion in the past decade prosecuting an apparently phony war on terror, while irradiating parts of the Middle East with depleted uranium weapons.
The World Bank meanwhile, run by the same Western interests that run NATO, has been in business for well over a half-century – and yet African poverty is on the rise. This is because the World Bank's stated intentions have nothing to do with its reality.
Most of the other goals of the World Bank are similarly perverse. Universal public schooling is a disaster wherever it has been tried, but the World Bank is intent on inculcating it in developing countries.
The promotion of gender equality and the campaign to empower women is merely an additional effort to create a "battle between the sexes" that weakens traditional society and makes it easier for Western elements to exploit the resultant social tensions. Female emancipation should come from the society itself, not be imposed from the outside.
On and on. The goals sound laudable, but in practice the result is exploitative. The intention to ensure environmental sustainability is especially questionable as is the emphasis on greenhouse gases.
There is no sure scientific evidence that the world is warming or that human beings are the cause of the possibly non-existent warming. But the World Bank will be used to distort economies as it pursues this chimera. The end result will be to make societies poorer not richer.
In fact, the World Bank is an evidently destructive entity. Its approach encourages bureaucracy by channeling funds through the very governments it decries as corrupt and un-transparent. Its policies then enshrine impoverishment and social tension.
This is entirely in keeping with the REAL agenda of the World Bank that involves maintaining poverty in developing countries and establishing ever-more corrupt governmental entities that will be responsive to the elite agenda of world control.
Conclusion: It doesn't matter who leads the World Bank. Only private enterprise can lift people out of poverty. Government can't do it, and the World Bank is in any case actually configured to do the opposite of its stated intentions.- Daily Bell

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