this post was submitted on 10 Oct 2023
56 points (95.2% liked)

World News

31895 readers
445 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS
top 6 comments
sorted by: hot top controversial new old
[–] [email protected] 11 points 10 months ago (1 children)

The IMF is the modern replacement for colonialism

[–] [email protected] 5 points 10 months ago

The IMF is colonialism. Who do you think the largest contributors to the IMF are?

[–] [email protected] 5 points 10 months ago (1 children)

Austerity measures don't work.

[–] [email protected] 3 points 10 months ago

They force sell offs to western investors.

[–] [email protected] 4 points 10 months ago

disaster capitalists at it again

[–] [email protected] 1 points 10 months ago

What's a bigger problem than the IMF? Corruption.

The article itself links to another Oxfam report that details how correctly taxing the wealthy in these poorer countries would provide all of the critical social services that these regions are lacking.
https://policy-practice.oxfam.org/resources/the-middle-east-and-north-africa-gap-prosperity-for-the-rich-austerity-for-the-621549/