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| | MIM Official Bookstore, Capital, Wealth & Poverty |
 | | MIM has to agree with Caufield that the Harvard, MIT and Oxford trained economists at the World Bank are especially stupid, because they tend to have little creativity and confuse their theories with the scientific and mathematical methods they learned in graduate schools. |
 | | In reality, the World Bank is not just an "adjustor" for Third World economies: it is a central actor in rationalizing the flow of capital from the industrial countries (imperialist) to the Third World. |
 | | The World Bank is also a means of outlet for the overproduction of capital goods in the imperialist countries: "Most of our money doesn't go to the South, it goes straight from Washington to Pennsylvania, where they manufacture the turbines, or Frankfurt, where they produce the dredging equipment."(p. |
| www.etext.org /Politics/MIM/bookstore/capital.html (19817 words) |
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