Monday, May 25, 2009

A big banker

Ten years ago the Socialist Standard carried an article titled The death of dismal science.

Even so, it is perhaps a little surprising to learn that a degree in this subject is not a prerequisite for those seeking to run the World Bank. The current chief Robert Zoellick lacks one. He also shows that even the most basic knowlegde of political geography is not required either:

"Eastern Europe is in a tricky situation, particularly the Baltic countries like Romania"

Workers run the world but do so in the interest of the capitalist class. When a majority of us come to realise the truth of this, banking along with so many other socially useless or destructive aspects of capitalism will be cast into the dustbin of history.

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