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submitted 2 years ago by [email protected] to c/[email protected]
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[-] [email protected] 13 points 2 years ago

The IMF is the modern replacement for colonialism

[-] [email protected] 5 points 2 years ago

The IMF is colonialism. Who do you think the largest contributors to the IMF are?

[-] [email protected] 6 points 2 years ago

Austerity measures don't work.

[-] [email protected] 6 points 2 years ago

Oh they work, but not the way the public is told they work.

Conservatives use austerity measures to get more support for the right wing, especially extremist parties. They know that increasing inequality drives people to vote for the right.

[-] [email protected] -1 points 2 years ago

Why would conservatives care about the right in poor African countries?

[-] [email protected] 3 points 2 years ago

They force sell offs to western investors.

[-] [email protected] 5 points 2 years ago

disaster capitalists at it again

[-] [email protected] 1 points 2 years ago

What's a bigger problem than the IMF? Corruption.

The article itself links to another Oxfam report that details how correctly taxing the wealthy in these poorer countries would provide all of the critical social services that these regions are lacking.
https://policy-practice.oxfam.org/resources/the-middle-east-and-north-africa-gap-prosperity-for-the-rich-austerity-for-the-621549/

this post was submitted on 10 Oct 2023
64 points (95.7% liked)

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