10 Reasons to Abolish the IMF & World Bank

This booklet says more in 100 pages than Jagdish Bhagwati's in Defense of Globalization says in 300. Even though I don't agree with what K.MacDonald said here that it is a condemnation of free trade and capitalism, the author does have a very left-wing view of the world and sometimes makes false connections between open trade and globalization... But as a globalization noob's short guide to IMF and World bank and as a source to discuss about these subjects with your friends/whatever, this book is quite invaluable. It's concise and clear about the underlying motives of the institutions and people in charge of them, and, most of the time, presents information which seems to be correct.

I basically agree with most everything propounded in this little book - I just am not sure it's so simple. Jobs are created by demand.

The American public is unaware about how the U.S. government conducts its foreign policy through the IMF and World Bank. The U.S. media has failed to explain to the American public how exactly the World Bank and IMF operate to economically control thrid-world countries. These two organizations actually promote the economic colonization of the third-world. Programs like CNN Pinnacle with Willow Bay provide misleading portrayals of World Bank leaders (i.e. JAMES WOLFENSOHN, PRESIDENT, WORLD BANK). This book fills the gap left by the news media. A very interesting and short read!