December 23, 2013

Globalization: Inequality in the Global Plantation

“Capitalism is a system that is inherently based on exploitation, and from its beginnings in Western Europe it has been forcefully expanded to cover the entire world. In this process of capitalist globalization, which should be understood as imperialism, the core nations have became wealthy and developed by exploiting and underdeveloping the peripheral countries of the Third World…

The initial links of globalization were thus connected as shackles binding the exploited periphery to the imperialist core.”

http://www.systemiccapital.com/globalization-inequality-in-the-global-plantation/

Not the WTO: Building on and Beyond Bandung

“The outcome of neoliberal ‘free market’ policies is well-established: profits and riches for a few along with underdevelopment for the majority of the people. The search for alternatives to the WTO has only become more urgent eighteen years after its establishment and especially with the global economy having entered into a protracted depression and its worst crisis in a century.”

http://ibonfoundation.wordpress.com/2013/12/07/building-on-and-beyond-bandung/

Philippine loses from new WTO deal: Gov’t should have rejected Bali package

“The Philippines will not gain from the deal reached by the World Trade Organization (WTO) at the conclusion of its 9th ministerial meeting in Bali, Indonesia. According to research group IBON, it will worsen the country’s rising merchandise trade deficit and make it even more difficult to create the domestic conditions for local agriculture and industry to develop.

The group added that the Philippine government should have rejected the Bali package because this goes against national interest. ”

http://ibon.org/ibon_articles.php?id=353