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Showing posts with the label "Wolrd Bank"
How fundamentalism works "As economics is not an exact science, the number of counter-examples is irrelevant. If I put forward a hypothesis in physics which is proved wrong by an experiment, I must question the theory. And the theory progresses through such invalidation. In economics, you can undermine the existence of millions of people, but none of that human evidence will affect the ideology of structural adjustment ." — Susan George, vice president of ATTAC France, December 6, 2000 See also "How poor countries develop rich countries" "A tonne of cocoa is roughly US $1,300, while one 4x4 vehicle is now about US $120,000. So you need about 92 tonnes of cocoa to exchange for one 4x4. But to get one tonne, you will need not less than 20 acres of land. The average cocoa farmer in Ghana has only around 2-3 acres, meaning it would take him or her well over 500 years to produce enough cocoa to buy a 4x4.” John Opoku, human rights lawyer and activist, Gha...