For the past 40 years, the IMF has had the same agenda: to make sure that developing countries adhere to the rules of globalization set by the advanc… - Vijay Prashad

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For the past 40 years, the IMF has had the same agenda: to make sure that developing countries adhere to the rules of globalization set by the advanced capitalist states... Over these four decades, fires have burned on the streets of the countries that have gone to the IMF and then forced austerity upon their populations. In the 1980s, these uprisings used to be called “IMF riots.” It was clear to everyone that the IMF’s policies had provoked desperate people to take to the streets. The name given to these riots was precise. The emphasis had to be on the IMF and not on the riots themselves. The most famous of these riots took place in Venezuela—the Caracazo of 1989—which opened up a process that brought Hugo Chavez to power and that created the Bolivarian Revolution. It is reasonable to call the Arab Spring of 2011 an IMF riot because it was provoked by IMF austerity policies combined with rising food prices. The current unrest from Pakistan to Ecuador should be filed under IMF riot... The main lesson of these uprisings is not only that the people want fuel subsidies or a stable currency; what they want more than anything is democratic control over their own economy.

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About Vijay Prashad

Vijay Prashad (born 14 August 1967) is an Indian historian, journalist, commentator and Marxist intellectual.

Also Known As

Native Name: বিজয় প্রসাদ
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In 1965, one section of the Indonesian Army moved against Sukarno, and took over the institutions of the country. Then began what is generally understood to be one of the ghastliest political purges in modern times. The Indonesian Army and its allies - mainly fanatical anti-Communists, including religious groups - . What is beyond doubt - even though the US refuses to release fully its documents on this period - is that the United States and the Australians provided the Indonesian armed forces with lists of Communists who were to be assassinated, that they egged on the Army to conduct these massacres, and that they covered up this absolute atrocity.

The problem of the twenty-first century, then, is the problem of the color-blind. This problem is simple: it believes that to redress racism, we need to not consider race in social practice, notably in the sphere of governmental action. The state, we are told, must be above race. ... We are led to believe that racism is prejudicial behavior of one party against another rather than the coagulation of socioeconomic injustice against groups. If the state acts without prejudice (this is, if it acts equally), then that is proof of the end of racism. Unequal socioeconomic conditions of today, based as they are on racisms of the past and of the present, are thereby rendered untouchable by the state. Color-blind justice privatizes inequality and racism, and it removes itself from the project of redistributive and anti-racist justice. This is the genteel racism of our new millennium.

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The CIA teachers were excellent at their jobs. of the CIA went to Uruguay, where ge taught the right wing groups how to use torture. 'The precise pain, in the precise place, in the precise amount, for the desired effect' - that was his credo. His favorite torture was to electrocute the genitals. He was killed by the left-wing in 1970.

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