I have read a twitter thread about Summers memo (wikipedia article) today, and trying to understand the last part (bolded).
The problem with the arguments against all of these proposals for more pollution in LDCs [Least Developed Countries] (intrinsic rights to certain goods, moral reasons, social concerns, lack of adequate markets, etc.) could be turned around and used more or less effectively against every Bank proposal for liberalization.
So, if I understand, moving toxic production to LDC to decrease world-wide cost of healthcare is a bad thing due to some argument. But there are policies that are deemed to be good and accepted by World Bank, that can be struck down using the same argument?
Question: Which policies are those? Which "Bank proposal for liberalization" does the memo refer to?
The wiki article says also that
Summers had only signed it, and that it was intended to be "sarcastic"
But I am not sure toward what policies or arguments this sarcasm was pointed.