Political liberty
Furthermore, the World Bank and the International Monetary Fund are anti-capitalist, mercantilist organisations, which serve only to squander taxpayers’ money and wreck economies wherever they intervene. This is exactly what has happened in countries like Argentina.
It is a myth that western industrialisation is endangering the globe, as George Kerevan (Opinion, 8 July) points out. Pre-industrial societies, both in the west and what is now the third world, were dominated, not by purposeful frugality but by pri-mitive mysticism, unreason and superstition, and are not blue-prints for a successful future.
BRUCE A CRICHTON
Victoria Road
Falkirk