“The issue is: $1 trillion or $2 trillion is a lot of money. If our objective is to have stability in the Middle East, secure oil, or extend democracy, you can do a lot of democracy buying for this sum. To put it in context: The whole world spends $50 billion a year on foreign aid.” IfsWorldYearsWholeCan DoDemocracyIssuesMiddleOilEastAidsBillionsWhole WorldObjectivesSecureBuyingStabilityMiddle EastLots Of MoneyForeign Aid Author:Joseph Stiglitz
“The United States has given frequent and enthusiastic support to the overthrow of democracy in favor of "investor friendly" regimes. The World Bank, IMF, and private banks have consistently lavished huge sums on terror regimes, following their displacement of democratic governments, and a number of quantitative studies have shown a systematic positive relationship between U.S. and IMF / World Bank aid to countries and their violations of human rights.” WorldHumansCountryStatesGovernmentGivenUnitedNumbersUnited StatesSupportDemocracyStudyRightsHugeDemocraticHuman RightsTerrorFollowingAidsFavorsFriendlyInvestorsRegimesConsistentlyEnthusiasticViolationSystematicDisplacementDemocratic GovernmentImfWorld BankViolation Of Human RightsPositive Relationship Author:Edward S. Herman
“In 1988, when democracy was restored, the military establishment was still very powerful. The extremist groups were still there. And when the aid and assistance to Pakistan was cut, we had to adopt harsh economic policies. So in a way, it showed that democracy doesn't pay, and the military was able to reassert itself.” WayStillsAblePowerfulPayDemocracyCuttingGroupsEconomicMilitaryPolicyAidsEstablishmentHarshAssistancePakistanVery PowerfulExtremistEconomic PolicyExtremist Groups Author:Benazir Bhutto
“We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded.” ThinkingNeedsPracticeDemocracyRevolutionDevelopmentDebtAidsPlanningReliefFree MarketFamily PlanningForeign Aid Author:William Easterly