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Date of Update
Description
December 26, 2001
Structural Adjustment Policies are similar to what even Adam Smith criticized in his classic, The Wealth of Nations. Regarded as one of the "fathers" of free market capitalism, Adam Smith, in his 1776 book, while describing free market capitalism, was very critical of mercantile economics. Yet, much of what we see in Structural Adjustment policies (SAPs) can also be regarded as mercantile. A few links and updates have been added to the SAP page. SAPs (or Poverty Reduction Growth Facility as they are now called) from the IMF and World Bank have been harshly criticized for increasing poverty, rather than reducing it. Find Out More »
- Related Section(s): Causes of Poverty / Free Trade Criticisms / Trade Related Issues
Some additional articles on various aspects of the war on terror have been posted. Articles include those on the issue of the media, of the geopolitics, articles from people such as Noam Chomsky, John McMurtry as well as from various other authors and web sites around the world. Find Out More »
- Related Section(s): Middle East / Geopolitics
A "war on terror" has also started in the Middle East, due to various suicide attacks from militant Palestinian groups, on Israel. As violence escalates any hope of peace seems almost gone. Find Out More »
- Related Section(s): Middle East / Geopolitics
Argentina saw its government step down. There were violent protests at even more austerity measures. Yet, over the last few decades, around the world people have constantly protested at the various social impacts of the current form of globalization. These policies have benefited the few at the expense of the vast majority of peoples and societies. Find Out More »
- Related Section(s): Structural Adjustment Policies / Free Trade and Globalization / Trade Related Issues