Browsing All posts tagged under »ratings agencies«

Time to shun the financial kakistocracy

April 9, 2019

0

Institutions such as the World Bank, IMF, the ratings agencies and such private influence peddlers such as the World Economic Forum are often seen as a global financial aristocracy. A more correct term would be kakistocracy since the solutions they offer merely compound the problems created by the system they exist to support.

Archives

Cape Town, South Africa-based journalist commentator and author specialising in political and economic analysis and labour matters.

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 4,435 other followers

Blog at WordPress.com.