It is important for us to realise this, "economic downturn" that we are experiencing is not a national problem, it is an international problem. The powers that be, the corporate world, realise this, and organise accordingly, drawing on international resources to shape the outcome to their desires. We have to do likewise, we have to join hands across borders and co-ordinate our struggle, drawing on the limitless energy, imagination and ingenuity of the world's ordinary people. This is the force that must shape the world's economic systems so fulfilling the desires of the ordinary people. We cannot leave it to the greed merchants of the corporate world to create further inequalities in their drive to increase their wealth and power. We have had their capitalist world for centuries now, and the result is poverty and starvation on a scale never known before, wars across the globe on a scale of brutality and ferociousness never witnessed before. We have a range of inequality that has never existed before, with individuals possessing enough wealth to destroy the social fabric of a country. Such a system governed by the unimaginably wealthy can never be in the interests of of the majority of the people. It is not designed for that purpose, its primary function is to create greater wealth in the hands of those with the most wealth. It will strive to protect and increase that wealth at the expense of the environment and the people. So far, as far as the economic system is concerned, it has been functioning well, with fewer and fewer people controlling more and more of the earth's wealth and resources. Is that what we want to continue for our children and our grandchildren? Or do we envisage an alternative of justice, equality, co-operation, mutual aid and sustainability?
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Davos elites warn of "perfect global storm" threatListening to the ConDems lecturing the low-waged and unemployed about “fairness” as they cut their state benefits when measured against inflation, reinforces the view of a government at war with ordinary people while protecting the rich and powerful.The policy adds weight to the contents of the latest edition of Global Risks, which the World Economic Forum produces each year before the world’s ruling elites gather at Davos to try and reshape the world in their image.At the centre of its concerns are the prospects of loss of confidence in government leadership and the threat of increasing unrest as inequality widens. With the ConDems held in contempt by large sections in society, and Labour presenting itself as Coalition Lite, the WEF is right to be concerned.The report was published on the day that European Union joblessness reached a new record high. Youth unemployment in Spain has passed 56%. No wonder Global Risks says that a eurozone meltdown cannot be ruled out.The report is a 80-page crystallisation of responses from “1,000 experts from industry, government, academia and civil society who were asked to review a landscape of 50 global risks”. Presented in the language of systems theory, the results are sobering:"Continued stress on the global economic system is positioned to absorb the attention of leaders for the foreseeable future. Meanwhile, the Earth’s environmental system is simultaneously coming under increasing stress. Future simultaneous shocks to both systems could trigger the ‘perfect global storm’, with potentially insurmountable consequences."
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