Read Hidden Repression How the IMF and World Bank Sell Exploitation as Development (Books by Alex Gladstein) [EBOOK]
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Read Hidden Repression: How the IMF and World Bank Sell Exploitation as Development
(Books by Alex Gladstein) [EBOOK]
Hidden Repression: How the IMF and World
Bank Sell Exploitation as Development (Books by
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Read Hidden Repression: How the IMF and World Bank Sell Exploitation as Development
(Books by Alex Gladstein) [EBOOK]
Description
The IMF and World Bank were created to help countries survive financial crises and to help them develop
into prosperous economic actors. But their 75-year track record shows the opposite: their loans and structural
adjustment policies have plunged poor countries into impossibly large debt traps and forced the Third World
to focus on producing goods for consumption in the West, instead of growing consumption and industry at
home. The Bank and the Fund’s “development and assistance” has been anything but. The reality is a history
of neocolonial exploitation with shocking results.Alex Gladstein has a lot to say about Bitcoin, human rights,
financial privilege, and personal freedom. In his first book Check Your Financial Privilege, he says it,
starting with the fact that anyone born into a reserve currency like the euro, yen, or pound has financial
privilege over the 89% of the world population born into weaker systems.As CSO of the Human Rights
Foundation, Gladstein is uniquely positioned to detail the rise of Bitcoin from cypherpunk dream to the reallife
Bitcoin stories happening to real people across the globe. For people around the world, outside of Wall
Street, Bitcoin offers a means of freedom from inflation, political strife, and an outdated monetary system.
For these people, the majority of the world’s population, it might even save their lives.In reading through
Alex's brilliant and comprehensive treatise, you will be investigating the big economic lie of our world at its
root: that the powerful help the weak. Following that, you will face an important choice. What system do
you choose?-Jeff BoothAuthor, Price of Tomorrow and GP, Ego Death CapitolAlthough Gladstein's book
rages against the injustice that characterizes the neoliberal economic model and the Bretton Woods
institutions, it ultimately offers a glimmer of hope by demonstrating how Bitcoin, with its liberating
philosophy, decentralized technology, and immutable functionality can help free nations and peoples from
the debt trap.—Farida Nabourema, Togolese writer, human rights defender, and Pan-AfricanistAlex
Gladstein has written a powerful examination of an immensely important question that is usually overlooked
in academia and media: What gives the World Bank and IMF such exorbitant power over the politics and
finances of developing countries? By examining the monetary foundations of the question, Alex offers an
astute assessment of the perverse incentives facing international financial institutions, and a compelling
explanation for why the real beneficiaries of their programs are western financial institutions and
governments, while the victims are the world's poorest people.—SafideanAmmous, Author, The Bitcoin
Standard and The Fiat StandardAlex Gladstein is a regular contributor to Bitcoin Magazine and the author of
Check Your Financial Privilege. Read more of his insights and analysis at www.bitcoinmagazine.com.