Imperial Nature: The World Bank and Struggles for Social Justice in the Age of Globalization (Yale Agrarian Studies Series) - Softcover

Goldman, Michael

Softcover

ISBN 10: 0300119747 ISBN 13: 9780300119749

Publisher: Yale University Press, 2006

Synopsis

A piercing, first-hand analysis of the World Bank, one of the most powerful actors in today's global economy.

Why is the World Bank so successful? How has it gained power even at moments in history when it seemed likely to fall? This pathbreaking book is the first close examination of the inner workings of the Bank, the foundations of its achievements, its propensity for intensifying the problems it intends to cure, and its remarkable ability to tame criticism and extend its own reach.

Michael Goldman takes us inside World Bank headquarters in Washington, D.C., and then to Bank project sites around the globe. He explains how projects funded by the Bank really work and why community activists struggle against the World Bank and its brand of development. Goldman looks at recent ventures in areas such as the environment, human rights, and good governance and reveals how—despite its poor track record—the World Bank has acquired greater authority and global power than ever before.

The book sheds new light on the World Bank’s role in increasing global inequalities and considers why it has become the central target for anti-globalization movements worldwide. For anyone concerned about globalization and social justice, Imperial Nature isessential reading.

About this title

About the Author:

Michael Goldman is associate professor of sociology at the University of Minnesota and is affiliated with its Institute for Global Studies.

From Publishers Weekly:

This probing study of the World Bank examines not its brute financial muscle but its "hegemony"-the rhetorical strategies, training programs and patronage networks that let the Bank frame debate and cajole even critics into endorsing its agenda. Sociologist Goldman focuses on what he calls the Bank's "green neoliberalism," a fashionable development ideology that packages poor nations' public services, natural resources and environmental diversity as undervalued economic assets to be profitably managed and conserved through the market. He explores this creed through interviews with Bank employees and onsite studies of Bank-financed projects, looking at the Bank's Policy Research Department, a project in Laos that links construction of hydroelectric dams with the set-aside of nature preserves, and an ambitious initiative to privatize water utilities. Goldman levels a biting but nuanced account of the Bank's dubious scientific studies, its cooptation of environmentalists and the "neocolonialism" of its new enthusiasm for pristine eco-tourism zones that are often as disruptive to traditional communities as old-style development. Unfortunately, he overlays it with a great deal of dense theory, heavily indebted to Gramsci and Foucault, about "power/knowledge regimes," adding little insight but lots of jargon. That's a shame, since this clumsy rhetorical strategy partly obscures an excellent critique of the Bank's inner workings and external image-making. Photos.
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About this edition

• Publisher: Yale University Press
• Publication date: 2006
• ISBN 10: 0300119747
• ISBN 13: 9780300119749
• Binding: Paperback
• Number of pages: 384