The Globalization of Poverty and the New World Order

Michel Chossudovsky takes the reader through an examination of how the World Bank and IMF have been the greatest purveyors of poverty around the world, despite their rhetorical claims to the opposite. These institutions, representing the powerful Western nations and the financial interests that dominate them, spread social apartheid around the world, exploiting both the people and the resources of the vast majority of the world’s population. (Page 3 – The Regan and Thatcher era, harsh austerity measures resulted in the gradual disintegration of the Welfare State.) Read more.