How do the WTO, World Bank and IMF work?

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  • เผยแพร่เมื่อ 4 พ.ค. 2011
  • Susan George explains what the World Bank, the International Monetary Fund (IMF) and the World Trade Organization (WTO) are and how they work. They operate in the interests of rich nations at the expense of the poor. She cautions against the current trend to privatise public services such as transport, health and water.
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ความคิดเห็น • 106

  • @mujaku
    @mujaku 8 ปีที่แล้ว +8

    The WTO’s legislative authority stems from its ability to strike down the domestic laws, programs, and policies of its member nations and to compel them to establish new laws that conform to WTO rules. This authority extends beyond the national government level, all the way to provinces, states, counties, and cities. ~ _Invisible Government_, by Debi Barker & Jerry Mander

  • @BigFamilyFun
    @BigFamilyFun 12 ปีที่แล้ว +2

    Thank you!

  • @abdelaliouakrim8653
    @abdelaliouakrim8653 7 ปีที่แล้ว +2

    the most underrated writer

  • @tyroneasterino5527
    @tyroneasterino5527 8 ปีที่แล้ว +1

    Miss, how does one explain a under levy? My idea is this to create.. Under Levy.. the balance of measurements in stocks, food, equipment, resources, and the exact ratio of each up and down including current statio....

  • @andrewd9622
    @andrewd9622 6 ปีที่แล้ว +2

    nice balanced viewpoint here

  • @TheHarishkumar100
    @TheHarishkumar100 12 ปีที่แล้ว

    Excellent............

  • @D4vid981
    @D4vid981 11 ปีที่แล้ว

    Thanks.

  • @zapproowsdower
    @zapproowsdower 9 ปีที่แล้ว +9

    Fascinating woman. She's 77 in this video. She hates capitalism, which threw me a curve ball - when practiced in a truly free-market society, I have come to the opinion that capitalism would prevent the force of centralized governments to overwhelm the interests of the individual.

    • @pinkpenguinpoopoo
      @pinkpenguinpoopoo 9 ปีที่แล้ว

      You are correct sir

    • @TeamStevers
      @TeamStevers 9 ปีที่แล้ว

      ***** I heard she hates spiders.

    • @CarlSaganHimself
      @CarlSaganHimself 3 ปีที่แล้ว

      Every system is basically as fallible as the last due to the force responsible. Human fallibility and greed. Having a system of private ownership oriented toward profit, a system of public ownership oriented toward societal needs, it all inevitably results in a plutocracy unless we fundamentally understand how we truly vote.

    • @kalilaaguilos
      @kalilaaguilos 2 ปีที่แล้ว +1

      May I know who she is please?

    • @tumizane
      @tumizane ปีที่แล้ว

      Who is she? Any books she's written on economics?

  • @nattyp7801
    @nattyp7801 4 ปีที่แล้ว +4

    Yeah this is what we’re talking about, we want good individuals that will speak the truth irrespective of the ethnicity , that just want to uplift the humankind no apology.

  • @HongMinh317
    @HongMinh317 11 ปีที่แล้ว

    useful video

  • @Nonamearisto
    @Nonamearisto 11 ปีที่แล้ว +1

    We do have a world ministry of health. It's called the World Health Organization (WHO). It wiped out smallpox.

  • @SupraSovereign
    @SupraSovereign 10 ปีที่แล้ว

    Necessary? You think they are necessary?

  • @ernestmwape
    @ernestmwape 10 หลายเดือนก่อน

    Hey!. Boeing aeroplanes originate from Virgin Islands and NOT Seattle, USA? I ddnt know that is what is captured in official documents😢 please show her name throughout video

    • @loutsont2985
      @loutsont2985 2 หลายเดือนก่อน +1

      She means ON PAPER the Boeings come from the Virgin Islands, so Boeing can evade home tax.

    • @vgstb
      @vgstb 9 วันที่ผ่านมา +1

      Please don't be obtuse.

  • @s0673451
    @s0673451 12 ปีที่แล้ว

    good. it would be much better that way.

  • @skibumwilly1895
    @skibumwilly1895 11 ปีที่แล้ว +1

    Find the answer in the short film “Mankinder (Occupying Chairlifts)”! A guy working in the white house calls on an underachieving old college buddy, to solve the economy from it’s debt and unemployment troubles. A couple brief conversations with the reluctant skibum corrects the course of humanity’s future. A simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! Watch “Mankinder (Occupying Chairlifts)” on youtube.

  • @ghosenil
    @ghosenil 10 ปีที่แล้ว +8

    IMF- Int money forgerer

  • @nathancasey7406
    @nathancasey7406 9 ปีที่แล้ว +5

    Jacque fresco is one of the smartest people alive today check him out and pass on his knowledge, he has a movie called "future by design" it's really positive and can answer a lot of problems we have today.

  • @humanity6fl9
    @humanity6fl9 11 ปีที่แล้ว +1

    sneaky people are sneaky.

  • @tyroneasterino5527
    @tyroneasterino5527 8 ปีที่แล้ว

    I have a Boeing claim*****

  • @SupraSovereign
    @SupraSovereign 10 ปีที่แล้ว +1

    Is IMF a treaty?

    • @vijayafernando1
      @vijayafernando1 8 หลายเดือนก่อน

      Imf is a private company with its head office ,quite close to the other company ,the world bank. Neither has large amounts of money or even access to cash but has immense power.

  • @BLESSED1591
    @BLESSED1591 11 หลายเดือนก่อน

    So what about the tax haven of Swiss? It’s been a thing way before virgin island and or any other place. Growing up I remember hearing get a Swiss bank account to hide your money. Lol

  • @444damn
    @444damn 12 ปีที่แล้ว

    so do you advocate the sale of essential services and utilities like water, health and transport from developing countries to Western corporations? As well as the simulataneous destruction of labour standards and conditions to the benefit of the big corporations and to the extreme detriment of the people of poor nations?

    • @loutsont2985
      @loutsont2985 2 หลายเดือนก่อน

      She and I are against this of course. But changeing this practice is going to be difficult, as it has become standard worldwide by now, even for emerging economies like those in Bric.

  • @smujismuj
    @smujismuj 10 ปีที่แล้ว +6

    The realization of essential fascism is represented by these three mercenary capitalist organizations.

    • @loutsont2985
      @loutsont2985 2 หลายเดือนก่อน

      Not fascism, as that is a historical category. Capitalist Leech will do nicely.

  • @ItssMrT
    @ItssMrT ปีที่แล้ว

    They lend you money as a loan with interest instead of aiding lol

  • @mansidasgupta7104
    @mansidasgupta7104 2 ปีที่แล้ว

    Please. Launch. .common. Currency. .doller. From. World. Rule. For. Balancity. Of. Economy. And. Easier. For. ..trade. ..relation. ..in. World. It,s. Sure. .now.

  • @wblovesig
    @wblovesig 13 ปีที่แล้ว

    I can't help but feel that this is all Justin Beibers' fault.

  • @spiralstarekase
    @spiralstarekase 12 ปีที่แล้ว +1

    hah! definitely justin beiber. oppressing the poor everywhere. :D
    and this woman is brilliant, she is just assuming you have read some of her books or have a general understanding already...

  • @dontacceptanysituation.que1997
    @dontacceptanysituation.que1997 9 ปีที่แล้ว +1

    Next target is Greece

  • @hanjianwar7189
    @hanjianwar7189 ปีที่แล้ว

    🏌🏼‍♀️

  • @allgoo19
    @allgoo19 11 ปีที่แล้ว +2

    "This woman is a globalist-socialist."
    ==
    What's wrong with that?
    .
    "she gives herself away."
    Examples?

  • @vantran-iw9ib
    @vantran-iw9ib 11 ปีที่แล้ว

    Be smart . and imf. under Buddist eyes, money are plain papers and gold are just bars of iron.

  • @Simon-Simon-Simon
    @Simon-Simon-Simon 10 หลายเดือนก่อน

    she wants a global medical body ? WHO now is it working

  • @allgoo19
    @allgoo19 11 ปีที่แล้ว +2

    "This woman is a globalist-socialist.'
    ==
    Don't you agree, if anything that works, we should embrace it?

  • @JanMelet
    @JanMelet 12 ปีที่แล้ว

    Woman don't talk so much in riddles and clouds. I still don't know from you how those institutions works and what their means are (and I do not think I am too stupid to understand)

    • @haveaseatplease
      @haveaseatplease 6 หลายเดือนก่อน +1

      Susan George, A Fate Worse Than Debt, (New York: Grove Weidenfeld, 1990)

    • @haveaseatplease
      @haveaseatplease 6 หลายเดือนก่อน +1

      Many developing nations are in debt and poverty partly due to the policies of international institutions such as the International Monetary Fund (IMF) and the World Bank.
      Their programs have been heavily criticized for many years for resulting in poverty. In addition, for developing or third world countries, there has been an increased dependency on the richer nations. This is despite the IMF and World Bank’s claim that they will reduce poverty.
      Following an ideology known as neoliberalism, and spearheaded by these and other institutions known as the "Washington Consensus" (for being based in Washington D.C.), Structural Adjustment Policies (SAPs) have been imposed to ensure debt repayment and economic restructuring. But the way it has happened has required poor countries to reduce spending on things like health, education and development, while debt repayment and other economic policies have been made the priority. In effect, the IMF and World Bank have demanded that poor nations lower the standard of living of their people.

  • @keymaker2112
    @keymaker2112 10 ปีที่แล้ว +2

    I disagree. Fascism, and all far-right ideologies for that matter, are inherently nationalist and in-group oriented. Groups like these are international and have no sense of "group" outside of influence and political/economic clout. They are the anti-fascist, without the humanist element. They are the Fascist without the cultural mythology.
    They're the worst parts of both the left and the right.
    Left-International
    Right-Darwinian
    Scary combination.

    • @loutsont2985
      @loutsont2985 2 หลายเดือนก่อน

      Right. They are not accountable on a basis of values other than greed.

  • @chatsource
    @chatsource 10 ปีที่แล้ว +2

    These international banking organizations can really do some shady things.