Tuesday, March 29, 2016

[MFP] RE: Explaining Hillary Clinton's support for global microfinance

 

Leading US political commentator and best-selling author, Thomas Frank, has turned his attention to why the Democratic Party in the USA has been turned into a support structure for the professional classes rather than the working classes (middle class in US vernacular) which was its founding objective. In his new book 'Listen, Liberal! Or, What Ever happened to the Party of the People", already set to be another global best-seller, he provides an example in the shape of Hillary Clinton. Frank pens an excoriating extended comment on Hillary Clinton's cynical attempt to burnish her international feminist credentials and 'concern' for women in poverty - developing country women in poverty that is, certainly not US women in poverty - through her long-time involvement in the global microfinance movement. You can get this entire chapter on microfinance as a sample chapter in Harpers magazine here: 


I think he nails the problem down brilliantly, exposing the emptiness and cynicism of so much of the political and professional classes' support for microfinance. 

Milford


 

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Posted by: milford bateman <milfordbateman@yahoo.com>
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