Part 12/16:
The Deception of "Austerity" and the Myth of Poverty Alleviation
While the IMF and World Bank often promote austerity, privatization, and deregulation ostensibly to boost growth, these policies often serve as scapegoats for the failures of socialist policies. Governments manipulate these conditions, blaming foreign "neoliberal" agendas for suffering while maintaining the real power: control over the economy and the purse strings.