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Home > 'Unholy Trinity: The IMF, World Bank and WTO' by Richard Peet

Contributor [1]
Thursday, September 11, 2003 - 03:00
Categories: 
Books & arts [2]
Issue Number: 
123 [3]
Article-Summary: 

Our lives are all affected by three hugely powerful and well financed, but undemocratic, organisations: the International Monetary Fund, the World Bank and the World Trade Organisation. These institutions share, with minor differences, a common ideology. They aggressively promote a very particular kind of 'corporate' capitalism, neoliberalism, giving free rein across the world to the interests of a small number of huge, undemocratic and largely unregulated transnational corporations. This boo...read more [4]

Our lives are all affected by three hugely powerful and well financed, but undemocratic, organisations: the International Monetary Fund, the World Bank and the World Trade Organisation. These institutions share, with minor differences, a common ideology. They aggressively promote a very particular kind of 'corporate' capitalism, neoliberalism, giving free rein across the world to the interests of a small number of huge, undemocratic and largely unregulated transnational corporations. This book presents the history and fundamental ideas of this economic ideology. Describing each member of the 'unholy trinity', it shows how neoliberalism hijacked the IMF, World Bank and WTO in relation to their global financial, development and trade management roles.

Category: 
Governance [5]
Oldurl: 
http://www.pambazuka.org/en/category.php/books/16967 [6]

Source URL: https://www.pambazuka.org/node/18126

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[6] http://www.pambazuka.org/en/category.php/books/16967