Buy custom Capitalism, Globalization and the Perpetuation of Women’s Oppression: A Vicious Cycle

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This is reflected in how the socio-economic and political structures of the dependent countries are structured to subordinate a country’s domestic needs to foster and nurture the economic interest of the “developed” countries. This situation has existed since the days of colonialism, but has become increasingly powerful with the formation of institutions and structures such as the World Bank (WB), the International Monetary Fund (IMF) and the World Trade Organization (WTO)...

This situation has existed since the days of colonialism, but has become increasingly powerful with the formation of institutions and structures such as the World Bank (WB), the International Monetary Fund (IMF) and the World Trade Organization (WTO). In response to the debt crisis of the 1980’s the IMF, which professed wanting to help less-developed countries, imposed structural adjustment policies and austerity measures which involved cutting public spending, privatization of government programs and forced opening of markets to foreign investors...

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