Tuesday, September 07, 2004

More about the number 1 story from project censored: The Growing Wealth Inequality Gap.



UN economists blame "free-trade" practices and the neo-liberal policies of international lending institutions like the IMF and WTO, and the industrialized countries that lead them, for much of the damage caused to Third World countries over the past 20 years. Many of these policies are now being implemented in the U.S., allowing for an acceleration of wealth consolidation. And even the IMF has issued a report warning the U.S. about the consequences for its appetite for excess and overspending.

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