Neoliberal Globalization After World War II

Seminar on neoliberal globalization after World War II, presented by Melissa Gilroy. After World War II, the World Bank and international monetary funds were established in order to give money to countries that were harmed by the war. In the 1970s, government irregulation, liberal trade policies, and governmental policies were established. Both the World Bank and the international monetary funds institutions began to give loans to third world nations. In order to make a profit, harsh loan policies were implemented. This was suppose to develop countries and them more market oriented. The market, however, would be more vulnerable as countries could not afford to pay the loans, especially if there were interest rates attached. Up till today, the global north has imperialized the global south to make a profit. The global north has also privatized the global commons which can consist of food, water, health care, labor, education, etc. This has all lead to big inequality gap between the rich and poor. For more information regarding Henry George School of Social Science courses and seminars, please visit: http://www.henrygeorgeschool.org