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{mobiePub} Hidden Repression How the IMF and World Bank Sell Exploitation as Development (Books by Alex Gladstein) Unlimited

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Hidden Repression: How the IMF and World

Bank Sell Exploitation as Development (Books by

Alex Gladstein)

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Development (Books by Alex Gladstein) Unlimited

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{mobi/ePub} Hidden Repression: How the IMF and World Bank Sell Exploitation as

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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Street, Bitcoin offers a means of freedom from inflation, political strife, and an outdated monetary system.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.

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