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Capital’s Big Bank
RON JACOBS welcomes a comprehensive history of the institution designed to ensure US economic dominance over developing economies
SENSE OF THE RIDICULE: ‘Sanhattan’ is what the capital Santiago de Chile's wits call its banking district, 2017

The World Bank: A Critical History,
Eric Toussaint
Pluto Press, £45

 

I REMEMBER once hearing Michael Parenti say about conspiracy theories that if one thinks there are groups of mostly rich white men gathering in a room and deciding how they are going to tighten their control on the world, they would be partially right. 

Why? 

Because there are groups of mostly rich white men who gather in boardrooms and fancy restaurants to decide what they are going to do next to profit even further. The complementary element of this is that these individuals don’t control those boardrooms as much as those boardrooms control their action, at least figuratively. 

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