1. He would follow in the great tradition of World Bank president
Robert McNamara, who also helped kill tens of thousands of people
in a poor country most Americans couldn't find on a map before
getting the job.
2. It helps to be a good liar when you run an institution with
employees who earn over $100,000 a year to pretend to help
billions of people who live on less than $1 a day.
3. With all his experience helping U.S. companies grab Iraq 's oil
profits, he's got just the right experience for doling out
lucrative World Bank contracts to U.S. businesses.
4. After predecessor James Wolfensohn blew millions of dollars on
"consultations" with citizen groups to give the appearance of
openness, Wolfowitz's tough-guy style is just what's needed to rid
the World Bank of those irritating activists.
5. Unlike former Hewlett-Packard CEO Carly Fiorina, another one of
the four leading candidates, at least Wolfowitz hasn't failed at
running a Fortune 500 company.
6. Unlike the Treasury Department's John Taylor, another leading
candidate, at least Wolfowitz doesn't want to get rid of the
institution he would head.
7. While earning a University of Chicago Ph.D. , he was exposed to
the tenets of market fundamentalism that have reigned at the World
Bank for decades.
8. He has experience in constructing echo chambers where only the
advice he wants to hear is spoken.
9. He knows some efficient private contractors who build echo
chambers for only a few hundred billion dollars (cost plus, of
10. He can develop a pre-emptive poverty doctrine where the World Bank
could invade countries that fail to make themselves safe for U.S.
business, modeled on the U.S. pre-emptive war doctrine he helped
John Cavanagh is the director of Institute for Policy Studies. For more
information about contenders for the World Bank's presidency, visit
© 2005 The Institute for Policy Studies