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Comment by rrsmtz | Hacker News Reader

It's not conspiratorial to believe that humans create organizations with common goals and agendas - they exist everywhere, from unions to NGOs.

Here's a short list of organizations (off the top of my head) who discuss and advocate for policies that benefit the extremely wealthy over others:

* Davos

* WTO

* IMF

* World Bank

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The IMF and World Bank shouldn’t be on that list. They help third world countries replicate the practices and systems that have made developed countries wealthy.

I remember reading an article in 2000 from some Brown professor encouraging Bangladesh (my home country) not to listen to the World Bank and IMF and instead do indigenous agriculture or something like that.

Good thing nobody gives a shot what Brown professors think because Bangladesh has developed tremendously over the last two decades thanks to following those policies.

The World Bank and the IMF have led to flawed outcomes in some places, but they’ve also led to phenomenal outcomes (e.g. the Four Asian Tigers, post-war Europe, and Greece recently). Their failures are largely the fault of elite preconceptions rather than open malice

When World Bank and IMF policies fail it’s more often than not due to the lack of political and personal virtue in the implementing countries.

not sure why shouldnt be on the list, the IMF discussed and advocated it, and the Bangladeshi gov followed their lead.

the definition of a conspire is to "work together to someone else's detriment", im sure from the perpective of someone who didn't benefit from that economic development they "conspired".

It shouldn’t be on the list because IMF and World Bank policies don’t “discuss and advocate for policies that benefit the extremely wealthy over others.”

I know many liberals want Bangladeshis to remain in a childlike state of nature doing subsistence farming forever, but the fact is that capitalism lifted America and Europe out of poverty and it’s doing the same thing for Bangladesh. Bangladesh and Vietnam are the two countries in the world where the people have the strongest support for capitalism: https://www.forbes.com/sites/alyssaayres/2014/10/28/banglade...

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