Synopses & Reviews
A veritable "Globalization for Dummies," 10 Reasons to Abolish the IMF & World Bank lays bare the most common myths of globalization in a clear and understandable way. Looking with hope to grassroots movement-building on a global scale, Danaher presents ten arguments for abolishing the IMF and World Bank and replacing them with democratic institutions that would make the global economy more accountable to an informed and active citizenry.
Conceived as an effort to educate the public about how international institutions of "free trade" are widening the gap between the rich and poor globally, Danaher reveals how the lending policies of the IMF and the World Bank fail to benefit Third World peoples, and instead line the pockets of undemocratic rulers and western corporations while threatening local democracies and forcing cuts to social programs.
Through anecdotes, analysis, and innovative ideas, Danaher argues that the IMF and the World Bank undermine our most basic democratic values, and calls for reframing the terms on which international economic institutions are operated using the principles of environmental sustainability, social justice, and human rights.
"The Paul Revere of globalization’s woes."—The New York Times, on the author
As the United States makes much of its desire to globalize democracy, in 10 Reasons to Abolish the IMF & World Bank’s updated 2nd edition, Dr. Danaher finds democracy ill-equipped for globalization. Suggesting a radical regime change, Danaher powerfully shows the fundamentally undemocratic nature of the WTO and World Bank and its unelected global government. This regime, he argues, is beyond reform.
Global Exchange cofounder Kevin Danaher is among globalization’s leading critics. His articles appear in a variety of magazines and top daily papers.
In this concise guide Danaher reveals globalization's devastating impacts on humans and the environment.
About the Author
Global Exchange Co-Founder Kevin Danaher has been called the "Paul Revere of globalization's woes." Danaher has published articles in The Los Angeles Times, The San Francisco Chronicle, The International Herald Tribune, Harvard Educational Review, The Nation, The Progressive, and many others.