drug_mentor
Bluelight Crew
It's terrible on the surface, but there are advantages, take the Amazon rain forest for example, had we not sabotaged and continued to sabotage their people and economies.....it have been obliterated decades ago
I could be wrong, but I thought that a significant contributor to deforestation of the Amazon rain forest was the US demand for red meat. I was under the impression that said rain forest is being cleared in order to make space for commercial enterprises which aim to meet this demand. Assuming that I am not mistaken, it reeks of first-world privilege to suggest that there is actual good in imposing harsh economic measures on Latin America, which degrade the quality of life of millions of people, when the same 'good' could be achieved if fat Westerner's stopped insisting on eating red meat at virtually every meal.
We can certainly agree that Structural Adjustment Policies are "terrible". Though, I wouldn't qualify that claim with the predicate 'on the surface'.
Were it not for the Bretton Woods agreement which has evolved into the World Bank, Europe and Asia would never been rebuilt, I suppose it's easy to over look that, as many kids growing up today have no idea how close many euro/asian nations (now thriving) were to extinction, and were saved by American tax dollars.
However the World Bank and more importantly the creation of the IMF created a foreign exchange system that was essentially backed by the US dollar.
If you suppose that the IMF is more important than the World Bank for maintaining American hegemony (a point on which we agree), it is mystifying why you chose to cite the World Bank as the means of US financial control in your previous post.
Through extension of the world bank and IMF we control the entire global monetary system.
I'm very interested to here what solutions you think would have any bearing on the world if the USA's wealth disappeared overnight.
(My emphasis.)
Another example of extreme hyperbole. You don't control "the entire global monetary system", though, you certainly do exert more control over it than any other nation.
There is no question that, without US funding, many beneficial institutions and policies across the globe would fall to the wayside overnight. I don't see that this fact serves as a justification for the US to behave however it wants. I do believe that in the long-term the world would have been better off without the widespread privatisation that has resulted from SAP's imposed by the Bretton Woods organisations.