QuoteProject
The interests of the IMF represent the big international interests that today seem to be established and concentrated in Wall Street.
Che Guevara
ShareWTF𝕏

Interpretation

What this quote means

This quote critiques the influence of large financial interests, particularly those based in Wall Street, on global economic policies as represented by the IMF.

Che Guevara's quote highlights the concern that the International Monetary Fund (IMF) serves the interests of powerful global financial entities, primarily centered in Wall Street, rather than addressing the needs of the countries it aims to support. This reflects a broader commentary on how economic systems can be skewed in favor of elite interests at the expense of national and local concerns, suggesting a disparity in whose voices are prioritized in international financial decisions.

Themes

ImfWall StreetInternational FinanceGlobal EconomyPower Dynamics

In practice

Example use cases

In a discussion about global financial inequality.

More from Che Guevara

The guerrilla band is not to be considered inferior to the army against which it fights simply because it is inferior in fire power.
Che GuevaraRead
Every day People straighten up the hair, why not the heart?
Che GuevaraRead
It is a revolution that came to power with its own army and on the ruins of the army of oppression.
Che GuevaraRead
The final hour of colonialism has struck, and millions of inhabitants of Africa, Asia and Latin America rise to meet a new life and demand their unrestricted right to self-determination.
Che GuevaraRead
We must carry the war into every corner the enemy happens to carry it, to his home, to his centers of entertainment: a total war. It is necessary to prevent him from having a moment of peace, a quiet moment outside his barracks or even inside; we must attack him wherever he may be, make him feel like a cornered beast wherever he may move. Then his moral fiber shall begin to decline, but we shall notice how the signs of decadence begin to disappear.
Che GuevaraRead
This is not a story of heroic feats, or merely the narrative of a cynic; at least I do not mean it to be. It is a glimpse of two lives running parallel for a time, with similar hopes and convergent dreams.
Che GuevaraRead

Similar quotes

Burdening people with debt is an old deal not a new deal.
Henry FordRead
People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base.
Muhammad YunusRead
Unless we understand what it is that leads to economic and financial instability, we cannot prescribe -- make policy -- to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it.
Hyman MinskyRead
Free migration within Europe means that countries that have done a better job at reducing unemployment will predictably end up with more than their fair share of refugees. Workers in these countries bear the cost in depressed wages and higher unemployment, while employers benefit from cheaper labor.
Joseph StiglitzRead
The raw fact is that every successful example of economic development this past century ... has taken place via globalization.
Paul KrugmanRead
The desire for economic prosperity is itself not culturally determined but almost universally shared
Francis FukuyamaRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.

Quote by Che Guevara | QuoteProject