The IMF Deconstructed

| Total Words: 2351

A Dialogue Between
Tom Rodwell and Sam Vaknin, December 1998

By Sam Vaknin
Author of “Malignant Self Love – Narcissism Revisited”

The following is a standard IMF document, taken from its own website. Underlined phrases are related to categories A and / or B (see below). The phrases here are general examples as part of general criticism of the ideological tone and “aesthetic” of the IMF. This dialogue is a combination of philosophy and economics: does / can the IMF (or any organization) “facilitate the expansion and balanced growth of international trade”?

The IMF is the cornerstone and centrepiece of the financial architecture of the world. Long a sacred cow, it has lately become the eye of a controversy. Its prescriptions to ailing countries as diverse as Zimbabwe and Russia have, at times, proven to be inadequate, some say: ruinous.

The IMF is a result of an ideology and its instrument. This is clearly revealed in its intentionally vaguely-phrased documents. Tom and Sam, a philosopher / journalist / composer and a philosopher and physicist turned economist, try to read between the lines (in the...

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