How can global economic institutions be so indifferent to health?
These global economic institutions were created early in the 20th century with good intentions to represent the interests of the majority. However, over time their leaders have become increasingly corrupt, so they have focused on serving the interests of wealthy minorities. The IMF officials are aligned to wealthy bankers, and the WTO officials are aligned to wealthy business owners. For example, some individuals have taken career paths that begun in Citibank, after which they work in the top-level IMF management, after which they are “rewarded” by a top-post at another investment bank. If top-level management are already so corrupt, it is of little surprise if lower-levels follow suit, and the entire institution’s aims and operations are subverted. How has corruption become so entrenched at global economic institutions? The post-WWII world that gave birth to these institutions is vastly different to the world we live in now. However, the fundamental principles of governance have not c
