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The IMF’s action or inaction-depending on how one looks at itepitomizes the most obvious and striking imbalance between the means and the ends of a socio-cultural model that has reached the end of the line, culminated in first social and then economic failure. The IMF was created in a period of history intended to put back together the pieces of war-torn societies but ended up forgetting the purpose for which it was created. The perhaps desired lack of a redefinition of its role in a dramatically changed monetary context has ended up being the problem and not the solution to the problems for which it was intended, paradoxically complicating them instead.
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