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IMF unwelcome in Cambridge - Capitalism is crisis!

rogue | 10.04.2010 13:51 | Globalisation | Workers' Movements | Cambridge

Cambridge students and residents unite to make the IMF unwelcome and offer the anti-capitalist answer to high-profile economic conference.

Today at 2pm, a group of Cambridge students and residents disrupted the inaugural conference of the Institute for New Economic Thinking (INET) conference in King's College, Cambridge. They unfurled a banner from a balcony within the conference hall, reading "IMF is part of the problem, not the solution".

Others attempted to disrupt the conference floor during a speech by Dominique Strauss-Kahn, the Managing Director of the IMF, to show anger at the IMF, which has imposed structural adjustment programmes, putting profit before people. Leaflets were distributed to the public as the protest continued outside the college after protestors were removed from the building by security.

Protestor Adam Reilly said: "The IMF increase inequality, privatise welfare and try to 'open up' markets for the benefit of western bankers and industry. The IMF created the crisis; we don't want their top-down 'solutions'."

An organiser of the protest, Shelly Hunt, said: "We still live in a world divided along class lines. This conference only represents one side of those dividing lines. Clearly we haven't seen the end of boom-and-bust, but even a more stable capitalism won't eradicate unemployment, poverty or climate change."

Police were called after scuffles initiated by security officials. One protester is planning to press charges, while security are not.



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  1. shock troops of capitalism — disruptor
  2. Banner Drop Pic — Protester