World Corruption Bank
There seems to be a mood of ecstatic joy in regards to the downfall of Paul Wolfowitz from heading of the World Bank and while many may have noticed that Mr. Wolfowitz had been a chief architect of the Neo-Cons disastrous implantation of the war in
The World Bank has nothing to do about raising the quality of living for “the undeveloped world” but for the mere purpose of creating further markets of development. While to the mere outsider the World Bank produces an imagery of wholesome concern; however that is far from the real truth of the matter. The World Bank has been a tool for venture capitalists in further procuring their desires of developing and exploiting the undeveloped world. Instead of using military force the World Bank goes into the “undeveloped world” and installs loans to spur economic development that perpetuates them into system of subservience.
On paper it sounds nice, but in reality these loans subject the population to dramatic changes to their environment and create an environment of greater poverty. In
These scenarios are resonated throughout the undeveloped world and while there are success stories in the procurement of wealth from a few, the majority is left with deeper pockets of poverty. Instead of creating vibrant and sustainable communities the World Bank is creating subservient nations permanently indebted to the world bankers. Like colonies of old, these nations have become indentured servants to the “Western World” of consumerism, but instead of through the might of the military, the power of the dollar is succumbed to them.
Many of us may be happy that Paul Wolfowitz is leaving the World Bank under a dark cloud, but realistically the institution itself should be placed on trial. While Mr. Wolfowitz was a chief player in the Project for A New American Century’s vision of American global domination his perspective matched the motives of the World Bank. President Bush has now nominated Robert Zoellick for the position. Mr. Zoelllick has had a career of similarities and has been labeled as being Condoleezza Rice’s “alter ego” during his stint as Deputy Secretary of State. As the Who song declares “Meet the new boss, same as the old boss,” the World Bank will continue on being a tool to further oppress and dominate the undeveloped world under the guise of charity. The institution is flawed and that is where the criticism should fall and not on the feeble and corruptible man.
“So again, I think that’s good. But if you look at the overall range of the Bank’s policies, it hasn’t been benign by any means. The Bank would have a long way to go to “redeem itself.” Noam Chomsky on the World Bank.