Against Global Apartheid: South Africa Meets the World Bank, IMF and International Finance

by Patrick Bond

Critiquing the neoliberal economics formulated and imposed by the World Bank and IMF on developing countries generally, and Africa specifically, this book details the consequences of these policies. Demonstrated are the extraordinary economic and human damage these practices have wrought over the past decade, and how they have displaced the originally radical and pro-people orientation of the African National Congress. Demonstrated are the ways in which South African civil society has resisted corporate-dominated globalization in its fight against not only international financial institutions, but also the big pharmaceutical corporations over access to HIV/AIDS drugs. An argument is made that there is another way to more socially just and economically rapid development via deglobalization, which would entail cutting loose from dependence on global institutions and foreign capital, and locking financial resources down in order to put them to work productively within national boundaries.

Genres: Economics

302 pages, Paperback

First published January 1, 2001

About the author

Patrick Bond is a professor at the University of KwaZulu-Natal and director of its Centre for Civil Society since 2004. He received his PhD from the Department of Geography and Environmental Engineering at Johns Hopkins University in 1993. In his work he focuses on political economy, NGO work and global justice movements in various countries.

Reviews

[Justin · Rating 3 out of 5]

An incisive critique of global political economics and how they play out in today's world vis-a-vis people of color.