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Title: World Bank Nominee Kim Under Fire for “Dying for Growth” Book
Source:
Naked Capitalism
URL Source: http://www.nakedcapitalism.com/2012 ... -for-growth-book.html#comments
Published: Mar 26, 2012
Author: Yves Smith
Post Date: 2012-03-26 23:22:34 by lucysmom
Keywords: None
Views: 2012
Comments: 6
The US nominee to lead the World Bank, Jim Yong Kim, has come under attack for editing a book called “Dying for Growth.” It apparently performs the cardinal sins of questioning whether a relentless pursuit of growth produces necessarily produces good outcomes and taking issue with neoliberalism. From the Financial Times: Some economists are arguing that Dying for Growth, jointly edited by Dr Kim and published in 2000, puts too great a focus on health policy over broader economic growth. “Dr Kim would be the first World Bank president ever who seems to be anti-growth,” said William Easterly, professor of economics at New York University. “Even the severest of World Bank critics like me think that economic growth is what we want.” Dr Kim, who is president of Dartmouth College and a former head of the HIV/Aids programme at the World Health Organisation, was a surprise pick for the top job at the World Bank, which traditionally goes to a US citizen. snip Dr Kim’s book contains several inflammatory lines. For example, the introduction, which he and two other academics co-authored, says: “The studies in this book present evidence that the quest for growth in GDP and corporate profits has in fact worsened the lives of millions of women and men.”
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#1. To: A K A Stone, Anti-ping to CE, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, brian s, mininggold, mcgowanjm (#0)
ping
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
He's right that bigger is not always better. Neo-anything is seldom an improvement. Traditional liberal (libertarian) is much better than the new progressive fake liberals. His objection to "neoliberalism" is that it's not communist, statist, predatory, and anti human enough for him. He want's all the slaves working for the NWO bank, and no backtalk either, or you'll become solyent green!
Obama's watch stopped on 24 May 2008, but he's been too busy smoking crack to notice.
Of course. With the World Bank the worst. The sooner we use up our energy supplies the better. The waste gap widens: the USA has ‘invested’ trillions into guaranteed capital losses. Notice that the Chinese have followed. The Soviets bankrupting themselves trying to outspend the US on military hardware. The Chinese bankrupt themselves outspending on autos and high-rise office buildings. The entire system requires restructuring, not just bits and pieces.
In other words, he doesn't believe that corporations are people too.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
Another no-nothing academic and loony leftist. He was born in South Korea. If he doesn't like economic growth, I have the perfect place for him -- North Korea. They haven't seen any economic growth in 60 years. Everyone is equally miserable, except for government rulers. This is exactly what the left wants and always delivers. Your thinking is black or white, just like your map. Best leave the future to those with more imagination.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
But Kim may indeed have demonstrated himself to be unsuited for a top bureaucratic post. Saying the emperor has no clothes will not make you popular with the emperor’s tailors.
#2. To: lucysmom, *Extended Clip Progressives* (#0)
questioning whether a relentless pursuit of growth produces necessarily produces good outcomes and taking issue with neoliberalism
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#3. To: lucysmom (#0)
Dr Kim’s book contains several inflammatory lines. For example, the introduction, which he and two other academics co-authored, says: “The studies in this book present evidence that the quest for growth in GDP and corporate profits has in fact worsened the lives of millions of women and men.”
#4. To: hondo68 (#2)
His objection to "neoliberalism" is that it's not communist, statist, predatory, and anti human enough for him.
#5. To: hondo68 (#2)
The studies in this book present evidence that the quest for growth in GDP and corporate profits has in fact worsened the lives of millions of women and men
Iran’s main drive for acquiring atomic weapons is not for use against Israel but as a deterrent against U.S. intervention -- Major General Zeevi Farkash, head of the Israeli Military Intelligence Directorate
#6. To: jwpegler (#5)
If he doesn't like economic growth, I have the perfect place for him -- North Korea. They haven't seen any economic growth in 60 years. Everyone is equally miserable, except for government rulers. This is exactly what the left wants and always delivers.
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