as transnational corporations bringing in their own mass produced products, undercutting the indigenous production and ruining local economies...an example is Jamaica, which, after accepting loans and conditionalities from the world bank, lost its largest cash crop markets due to competition with western imports. Today, countless farmers are out of work, for they are unable to compete with the large corporations.Another variation is the creation of numerous, seemingly unnoticed, unregulated, inhumane sweatshop factories, which take advantage of the imposed economic hardship. Additionally, due to production deregulation, environmental destruction is perpetual, as a country's resources are often exploited by the indifferent corporations, while outputting large amounts of deliberate pollution.PERKINS:The largest environmental lawsuit in the history of the world today is being brought on behalf of 30,000 Ecuadorian Amazonian people, against Texaco, which is now owned by Chevron, so its against Chevron but for activities conducted by Texaco....they estimate it to be more than eighteen times what the Exxon Valdese dumped into the coast of Alaska...in the case of Ecuador it wasn`t an accident...the oil companies did it intentionally, they knew they were doing it to save money out there rather than arranging for a proper disposal.Furthermore, A cursory glance at the performance record of the World Bank reveals that the institution, which publicly claims to help poor countries develop and alleviate poverty, has done nothing but increase poverty and the wealth gap, while corporate profits soar. In 1960 the income gap between the 5th of the world's people in the richest countries, versus the 5th in the poorest countries was 30:1. By 1998, it was 74:1.While global GNP rose 40% between 1970 and 1985, those in poverty actually increased by 17% While from 1985 to 2000, those living on less than 1 dollar a day increased by 18%. Even the Joint Economic Committee of the US Congress admitted that there is a mere 40% success rate of all World Bank projects.In the late 1960s, The world Bank intervened in Ecuador with large loans. During the next 30 yrs, poverty grew from 50% to 70%...under or unemployment grew from 15% to 70%... public debt increased from 240 million to 16 billion....while the share of resources allocated to the poor went from 20% to 6%.In fact, By the year 2000, 50% of Ecuador's national budget had to be allocated for paying its debts.It is important to understand, The World Bank is, in fact, a US bank, supporting US interests. For the United States holds veto power over decisions, as it is largest provider of capital... and where did it get this money? You guessed it....it made it out of thin air through the fractional reserve banking system.Of the world's top 100 economies, as based on the annual GDP, 51 are corporations,And 47 of that 51 are US based. Wal-mart, General Motors and Exxon are more economically powerful than Saudi Arabia, Poland, Norway, South Africa, Finland, Indonesia and many others....... and as protective trade barriers are broken down, currencies tossed together and manipulated in floating markets and state economies overturned in favor of open competition and global