![]() |
![]() |
Appendix 7: Globalization: A Fate that can be Fought! |
Bert De Belder |
![]() |
This criminal gap between the rich and the poor is being produced, maintained and widened by the big transnational corporations, banks and stockmarkets, that fuction according to the one and only principle of maximizing profits. They are assisted in this by the International Monetary Fund, prescribing free-market economics everywhere and imposing budgetary restraints in order to repay foreign debts. They are likewise assisted by the World Bank, imposing a dependent capitalist model of development everywhere. They are also assisted by the World Trade Organization, organizing world trade in a manner that benefits but the TNCs. Finally, they are assisted by NATO, intervening militarily where and whenever the other scenarios fail. Together, these institutions form a dangerous Gang of Four, claiming millions of lives every year. Globalization is a misleading and superficial term. It is nothing else than the further development of imperialism, a process that has been going on for more than a century now. It is capitalism concentrating capital in ever larger monopolies; looking for higher profits through more international trade, investments and production; and ever increasing the exploitation of the Does this mean that globalization is reigning supreme, that it is a natural phenomenon that cannot be stopped? Far from it. Notwithstanding the existence of common instruments such as the IMF, the World Bank, the WTO and NATO, the rich North doesnt form one mighty bloc that can carelessly submit the rest of the world. Between the transnational corporations, a deadly competition is raging, following the dog eat dog rule. The great powers the US, the European Union and Japan are each supporting their own TNCs in their life-and-death struggle, as with the trade wars between the US and Japan. The same goes for the relationship between the US and the EU. Washington is not happy at all with the advent of the Euro and in the WTO, the US and the EU are having sharp disputes. Both world wars were in essence attempts of the imperialist powers to take away a part of the pie from their competitors. Today, such military confrontations look most improbable. But the formation of a European army is already beginning to spoil the transatlantic solidarity. In times of globalization, potential conflicts are simmering, not only between the advanced capitalist powers, but also bottom-up conflicts, kindled by the Transnational corporations and the four members of the Gang are no longer able to do as they like. In December 1999, a massive peoples mobilization paralyzed the WTO meeting in Seattle. In April and September it was Washington's and Prague's turn, where the IMF and the World Bank were meeting. In between, there was the huge outpour of solidarity with French peasant leader José Bové in Millau, the mobilization against the G8 summit in |
![]() |
![]() |
![]() |
|