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Ideological rigidity is not only keeping us from making inroads with mainstream society and growing our numbers—but effectively preventing us from accomplishing any actual policy goals.
Submitted by sarahadams on
This last installment in a series looks at what the IMC has done, ahead of this weekend's conference, to maintain power among the world's most influential bodies controlling economic, financial and monetary affairs.
Top financiers at the International Monetary Conference engineered so-called "aid packages" for crisis-hit developing nations that were, much like today, nothing more than bailouts for the big banks.
Two years before the 1982 debt crisis erupted, the world’s top bankers met secretly in New Orleans and warned that a “safety net” may be needed to bail out the major banks which lent money to the developing world.
This four-part Global Power Project series takes on the secretive meeting of global financiers happening in June at the International Monetary Conference in Munich.
"I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that," wrote Lawrence Summers while serving as Chief Economist at the World Bank. He is now in the G30.
From Jean-Claude Trichet and Mario Draghi to Jaime Caruana and Kenneth Rogoff, proponents of austerity politics run in some of the world's elite circles where they have pushed illogical and unsuccessful economics to its inevitable conclusion.
What makes the G30 so important is not only that they are taken seriously by policymakers and market "participants" – but that the very individuals making the recommendations are in positions of power to directly implement or support those recommendations.
Emerging from the Rockefeller Foundation in the late 1970s, the Group of Thirty was designed as a think tank, lobby/industry group and, ultimately, a consensus-building institution for the global elites – to ensure that they stayed that way.
Institutional and imperial power structures have never been more globalized or concentrated in human history; yet, simultaneously, never have they been under more threat from an awakened humanity. Zbigniew Brzezinski says there's no going back.
The relationship between the powerfully connected Institute of International Finance and global central bankers goes well beyond the timid attempts at “regulation” on the part of global banks, as this third segment in the IFF series reveals.
Ideological rigidity is not only keeping us from making inroads with mainstream society and growing our numbers—but effectively preventing us from accomplishing any actual policy goals.
If any of us hope to stop Donald Trump from becoming the 47th president of the United States, it will have to be done from the ballot box, not the courts.
Journalists have a responsibility to plainly tell the truth about how truly different the Democrats and the Republicans are today, especially with both democracy and the rule of law at stake this November.
From Hungary and Poland to Italy and Spain, today's anti-abortionist movements are feeding one another—while also driving a growing counter-movement.
Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.
Ideological rigidity is not only keeping us from making inroads with mainstream society and growing our numbers—but effectively preventing us from accomplishing any actual policy goals.
If any of us hope to stop Donald Trump from becoming the 47th president of the United States, it will have to be done from the ballot box, not the courts.
Journalists have a responsibility to plainly tell the truth about how truly different the Democrats and the Republicans are today, especially with both democracy and the rule of law at stake this November.
From Hungary and Poland to Italy and Spain, today's anti-abortionist movements are feeding one another—while also driving a growing counter-movement.
Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.
Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.
Ideological rigidity is not only keeping us from making inroads with mainstream society and growing our numbers—but effectively preventing us from accomplishing any actual policy goals.
Journalists have a responsibility to plainly tell the truth about how truly different the Democrats and the Republicans are today, especially with both democracy and the rule of law at stake this November.
If any of us hope to stop Donald Trump from becoming the 47th president of the United States, it will have to be done from the ballot box, not the courts.
From Hungary and Poland to Italy and Spain, today's anti-abortionist movements are feeding one another—while also driving a growing counter-movement.
Ideological rigidity is not only keeping us from making inroads with mainstream society and growing our numbers—but effectively preventing us from accomplishing any actual policy goals.