Viewing posts tagged IMF
9 years, 6 months ago
So, Western imperialist powers (especially the US and UK) spend years trying to undermine, attack and destabilise Gaddafi... presumably because his regime engaged in some nationalisation and brought some economic independence, not to mention his support for various "anti-imperialist" groups. The West indulges in occasional homicidal bombing raids that achieve nothing but the slaughter of innocents (including Gaddafi's own baby daughter).
(Don't get me wrong, by the way - I'm no fan of the evil old bastard... though, if we're doing body counts, he's probably less blood stained than most leaders of the "free world".)
Then Gaddafi starts making grovelling offers to deactivate his own WMD programme... which the Western powers repeatedly ignore until they can paint it as a victory for the Bush/Blair moral crusade...
As part of his new chumminess with Blair & Co., Gaddafi opens Libya up to foreign banks, foreign corporations and the IMF. As per the usual script, along comes structural adjustment, i.e. privatisation, austerity, etc. Gaddafi is announced as a reformed character now that his regime is becoming integrated into neoliberal globalisation.
Then the Middle East ignites. The people of Tunisia and Egypt rise ...