More bad news from the World Bank

Following on from our recent post on the World Bank and climate change comes more bad news from the Bank. In the World Bank’s flagship 2019 World Development Report, entitled the Changing Nature of Work, the  Bank argues for wide-ranging deregulation of labour; deemed necessary to prepare countries for the changing nature of work. The report sets out a nice cosy capitalist future under which firms will be relieved of the burden of contributing to social security, have the flexibility to pay wages as low as they think fit and have the power to fire people at will.