Town Hall Meeting

20 Apr 2005

Paul Wolfowitz Is Perfect For the World Bank

Filed under: — Al @ 10:19 pm

Isn’t he? In Iraq, he took a desperate war torn country and took all the state owned industries and privatized them. Now they are controlled by foreign companies (Halliburton, Bechtel, et al). Just what the World Bank is good at: taking resources from a nation’s citizens and giving them to corporations on a silver platter. This cover story from The Nation is titled “The Rise of Disaster Capitalism.” The idea is to take a country that is desperate, by a natural disaster such as Aceh after the Tsunami or by imperial means such as Iraq or Yugoslavia, and open the nation 100% to foreign business-a clean slate. Maybe the title of the article should be “Unrestrained Capitalism is the Disaster.”

Democracy Now!
February 29, 2024

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