Marketize, privatize, deregulate: the Washington Consensus mantra dominated policy in the developing world for a quarter century. For most the recipe was a disaster.
Similar mechanisms prevail at the un, the World Trade Organization, and the World Bank. Nationally, we aspire to live in democracies. Internationally, we inhabit a plutocracy.
referring to voting power in the IMF being based on economy size not pop size
If community programs have consistently floundered, both in the past and today, what’s left? A return to the rule of experts? Bigger dams and better seeds? If faced with two approaches — that of the development expert, asking “What can we do for the poor?” and that of the community developer, askin…
Community development, one of its officers giddily explained, could be a bulwark “against the leftist takeover of every hamlet in Latin America, Asia, and Africa.”
this is wild
[...] Shoppers can donate their bag credits — the five-cent rebate they receive by forgoing plastic bags — to a microfinance fund.
Combining this with traditional donations, Whole Foods hopes to raise $5 million to fund 40,000 small loans to “impoverished entrepreneurs” around the globe. They sa…
