n. In support of Spretnak, this benefit of a free market
is what third world countries rely on to feed themselves with.
Spretnak argues that regulations in the free market is what keeps major
companies like the Transnational Corporations under restrictions which disallow
them to take over more then they already own. Without regulations the
Transnational corporations would be able to take advantage of cheap labour, poor
countries and be able to increase profits at more productive levels. This
corporation receives an obscene amount of money that allows them to become
enormously powerful and invincible. Spretnak's view of third world countries
developments revolves around the World Bank and the International Monetary Fund.
These two major corporations allow third world countries to take out sums of
money in the form of a loan, which in many cases is supposed to help the
development of the society. The money that has been loaned creates a major sum
of interest, which in many situations cannot be paid back. This puts third world
countries into debt, which puts a major decrease on economic funding and living
conditions. Products and exports are increased and more money is loaned to pay
off the interest while the country is becoming unstable. Spretnak
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