Thursday, May 30, 2019

Former World Bank Staffer Explains How Neoliberalism is Destroying the World

https://www.wakingtimes.com/2017/01/16/former-world-bank-economist-explains-neoliberalism-destroying-world/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com&fbclid=IwAR3OiDLH4rQvFbqKm13SC0qrKPlv_hEPogair8DyX1HKytTBViGvm3g6fhI
Neoliberalism is the killer plague of the 21st century. Neoliberalism is economic fascism. It is a criminal doctrine. Globalized neoliberalism privatizes public goods for private profit. Neoliberalism led by Washington with the shameful complicity of Europe has in the last fifteen years killed between 12 and 15 million people by wars, famine, deprived health services… forced refugees. Today a small world elite of corporate and Wall Street CEO’s and selected politicians call the shots.” ~Peter Koenig
First defined in 1938, its global implementation today is the product of the Washington Consensus of 1989 which describes a set of economic prescriptions for developing and crisis-wracked nations created by the World Bank, the International Monetary Fund and the U.S. Treasury Department. It is a policy which relies on the creation of social and financial crises to distract and soften target nations and peoples, creating problems while providing the ‘solutions.’
At present, Mexico is on the brink of revolution, a direct result of the fallout of three decades of neoliberal policy.
“It [Neoliberalism] finds that representative democracy has been perverted through fear, putting central political decisions in the hands of power groups with special interests.
The social impact of this process has been devastating, with a polarized income distribution, falling wages, increased precarious jobs, rising inequality, and extreme violence. Health conditions have also deteriorated and disorders associated with violence, chronic stress, and a changing nutritional culture have become dominating.” [Source]
Journalist George Monbiot describes neoliberalism as follows:

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