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Stiglitz is certainly an expert, but I wouldnt be surprised if he left his job because he felt nobody was listening to him. He has made some comments about his former coworkers that hint at his frustration.
You mention that you are not in favor of capitalism. It seems reasonable that you are not interested in seeing capitalism spread throughout the world.
The WTO and the Bretton Woods institutions are closely tied to the spread of capitalism. Keep in mind that nobody is forced to take a loan from these institutions, they choose to. If they want to set up a socialist utopia witout loan, they can do so. If they want financial assistance from the IMF or WB they must move their countries towards free market capitalism at a reasonable rate. Im sorry that you dont agree that ultimately it is capitalism that will improve the lives of the worlds poor.
I agree that subsidies for airlines and drug companies are harmful, not only to consumers but to the economy as a whole.
I dont understand your complaint about subsidizing development however. Do you mean that there should be no aid unless a return can be guaranteed? Have you considered that alot of the companies that are responsible for developing infrastructure are Western based, and thus there is a return on the investment almost directly back to the West? This is sometimes a complaint, infact, that too much of the money goes back to the west, instead of encouraging local firms to do the development.
Personally I think the free movement of labor would be great, but its not really politically feasable in most of the world. Even the EU is having trouble with that one.
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"Hundreds of men must have told you how beautiful you are. Would you displease the gods to hear it once more? I wouldn't. Im young and I hope to see a god before I die."
-Patera Silk
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