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    Unholy Trinity: The IMF, World Bank and WTO
    Unavailable
    Unholy Trinity: The IMF, World Bank and WTO
    Unavailable
    Unholy Trinity: The IMF, World Bank and WTO
    Ebook451 pages8 hours

    Unholy Trinity: The IMF, World Bank and WTO

    By Richard Peet

    5/5

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    Currently unavailable

    Currently unavailable

    About this ebook

    Who really runs the global economy? Who benefits most from it?

    The answer is a triad of 'governance institutions' - The IMF, the World Bank and the WTO. Globalization massively increased the power of these institutions and they drastically affected the livelihoods of peoples across the world. Yet they operate undemocratically and aggressively promote a particular kind of neoliberal capitalism. Under the 'Washington Consensus' they proposed, poverty was to be ended by increasing inequality.

    This new edition of Unholy Trinity, completely updated and revised, argues that neoliberal global capitalism has now entered a period of crisis so severe that governance will become impossible. Huge incomes for a small number of super-rich people produced an unstable global economy, rife with speculation and structurally prone to crises. The IMF is in disgrace, the WTO can hardly meet anymore and the World Bank survives as a global philanthropist. Is this the end for the Unholy Trinity?
    LanguageEnglish
    PublisherZed Books
    Release dateNov 16, 2009
    ISBN9781848137967
    Unavailable
    Unholy Trinity: The IMF, World Bank and WTO
    Author

    Richard Peet

    Short Richard Peet is Professor of Geography at Clark University in Worcester, Massachusetts, USA. Long Richard Peet is Professor of Geography at Clark University in Worcester, Massachusetts, USA. He obtained his BSc (Econ) at the London School of Economics, his MA from the University of British Columbia, and his PhD at the University of California. He was the Editor of the radical geography journal, Antipode, from 1970 to 1985 and Co-Editor of Economic Geography between 1992 and 1998. His published books include: Radical Geography (Maaroufa Press, Chicago, 1977), Global Capitalism: Theories of Societal Development (Routledge, London 1991), Modern Geographical Thought (Blackwell, Oxford, 1998), (with Elaine Hartwick) Theories of Development (New York: Guilford 1999), (with Michael Watts) Liberation Ecologies (London: Routledge 1996 and 2004) and Unholy Trinity: The IMF, World Bank and WTO (Zed Books, 2003). Unholy Trinity has been translated into Spanish as La Maldita Trinidad and is being translated into Arabic and Korean.

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    • 5/5
      'Invaluable to students and activists alike, this is the essential introduction to the unelected government of the world economy.' - Mike Davis, author of Planet of Slums 'This new edition of the Unholy Trinity offers a timely and razor-sharp analysis of the predicament the world economy is in today and how we got there. With characteristic panache, Peet shows why neoliberal orthodoxy got it so totally wrong and details its disastrous social and economic consequences. A must read for those who wish to understand who is responsible, and what needs to be done to turn the world into a more genuinely humanising place for all.' - Erik Swyngedouw, University of ManchesterPraise for the first edition: 'This is a terrific book...It is politically committed, theoretically sophisticated, analytically incisive, empirically rich, thoroughly engaged, and full of devastating one-liners that greatly enliven its reading.' - Roger Lee, Economic Geography 'This is a great book' - David Harvey, CUNY'Unholy Trinity provides an important history lesson of how the IMF, World Bank, and WTO were twisted from their original mandates to serve the interests of corporate globalization.' - John Cavanagh, Director, Institute for Policy Studies