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World Versus Bank: The Return of the World Bank and the People's Resistance

If one was to do some superficial digging on the World Bank, you may get the impression that the Bank is a pure "development" organization, working exclusively in the interest of the public to reduce poverty and inequality. Indeed, the Bank's tagline is, "A world without poverty." But dig just a little deeper and the contours of a deep and extreme ideology become apparent. The World Bank reveals itself not as an altruistic benefactor of the world's poor so much as a link in the chain between Wall Street and the global south - a link the primary purpose of which is to facilitate profit for elite interests, through a long established pattern of wealth extraction.

Read the full article at Truthout


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