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Demonstration opposing the practices of the World Bank and International Monetary Fund on Sunday, April 26, 2009 in Washington, D.C.

The IMF and Class Struggle in Latin America: Unveiling the Role of the IMF

The International Monetary Fund, part of the Bretton Woods Agreement that helped establish the current rules of the U.S.-dominated international capitalist system, claims to aim for a world of prosperity through so-called free trade. In Latin America, David Barkin and Juan Santarcángelo write, the IMF has contributed to the impoverishment of the working class and destruction of these countries’ ecological legacies. But what does the future hold for the IMF in Latin America? | more…