Quote:
Originally posted by Agamemnon@Mar 29 2005, 05:53 PM
Though repeatedly relied upon by impoverished governments around the world as a contributor of development finance, the World Bank is often and primarily criticised by opponents of corporate "neo-colonial" globalization. These advocates of alter-globalization fault the bank for undermining the national sovereignty of recipient countries through various structural adjustment programs that pursue economic liberalisation and de-emphasize the role of the state.
One general critique is that the Bank is under the marked political influence of certain countries (notably, the United States), that would profit from advancing their interests.)
I note that the previous author feels the need to use 'liberal' 6 times in his tirade. Maybe he needs a thesaurus.
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Neomarxists critize World Bank because they think it promotes globalization, trade and capitalism.
Anarchocapitalists (myself included) critize World Bank because it kills globalization, trade and capitalism.
Liberals and conservatives of all shades critize those mentioned above because they critize WB.
Kind of messy, but you get the point.