Tuesday, January 11, 2005

The anti-free market antics of the World Bank

According to this article from The Progress Report, the World Bank is pressuring the city government of Dakah, Bangladesh to crack down on bicycle rickshaws. These rickshaws represent the main form of vehicular transport there and are an efficient, non-polluting example of small scale private enterprise at work. In other words, these rickshaws represent something undesirable and threatening in the eyes of the corporatist clowns at the World Bank.

This is a direct attack on free enterprise. It is also an example of why people on the left have it so wrong when they claim that institutions like the World Bank are all about promoting free market ideology.

Hat tip to James Leroy Wilson for providing this link on his blog.


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