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Old 04-27-2007, 06:08 PM
latefordinner latefordinner is offline
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Join Date: Nov 2005
Location: monkeywrenching
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Default Re: What Are You Optimistic About?

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Mmm, I'm extremely skeptical of this. You mention private lending and the World Bank. The World Bank is the opposite of free market.

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Niesio: Do you know anything about microfinance? doesn't sound like it is you are conflating it with development aid. microlending is a pretty pure AC approach to poverty alleviation. Ir provides capital, in the form of loans, to private entrepenuers. What part of that is non free market?

re: the World Bank. I'm pretty sure I didn't spend the night in a jail cell in DC at a protest against the WB because I think they are a good institution for the world's poor. Nevertheless, I would expect vulgar libertarians here to defend them, since the tandem carrot/stick WB/IMF approach over the past 20 years has been the primary reason for a lot of privitization and deregulation in developing countries.
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