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this post was submitted on 23 Mar 2026
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@SteveKLord the way I read it supports IMF / World Bank by embracing the language they use to talk about finances.
What's wrong with coop banks? Why does that state need to be involved (which would require IMF to be an intermediary)?
I didn't read it that way at all and don't have any issue with those things. It's just one possible proposition that the authors made and I shared to this forum. . Could you word your responsea a bit more constructively?
@SteveKLord yes, you're right, I'm just cranky. I work with a lot of African activists and I'm just really annoyed by another Western economic approach of What Should Africa Do To Help Itself.
I'd love to see more focus on existing structures such as cooperatives which are really HUGE in a lot of Subsaharan countries.
The language of western economy stops us from seeing a lot of what's there. What if the transport is not public or private, but communal, coop-owned instead?
@SteveKLord I don't have any good articles on that on hand, but I'll get back to you when I do.
In the meantime, you might be interested in https://magazine.scienceforthepeople.org/vol27-2-political-economy-of-science/rethinking-open-science/