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Monday, May 28, 2018

A working draft of the bank’s flagship World Development Report – which will urge policy action from governments when it comes out in the autumn – says less “burdensome” regulations are needed so that firms can hire workers at lower cost. The controversial recommendations, which are aimed mainly at developing countries, have alarmed groups representing labour, which say they have so far been frozen out of the Bank’s consultation process. Peter Bakvis, Washington representative for the International Trade Union Confederation, said the proposals were harmful, retrograde and out of synch with the shared-prosperity agenda put forward by the bank’s president Jim Yong Kim.

The headline is a pair of mid-item paragraphs, this item. If it is not your "world" that the World Bank serves, whose "world" is it?

Is it the TomJoe bank, an echo of the TomJoe world order? It seems you need a Geiger Counter to find a progressive Democrat these days. No press coverage. No admission into inner party affairs. Tokens are easily dispensed. But no tokens even.

Arbitrate that. Just don't try to arbitrate it collectively nor seek a class action lawsuit. The employment contract does not allow such remedies . . .