ALTERNATIVE VIEWS OF THE ECONOMIC CRISIS
The dramatic downturn gripping the global economy has breathed new life into old questions about how best to run our economic systems.
Politicians, business leaders and policymakers searched for solutions at this year's World Economic Forum in Davos.
Meanwhile, different debates were taking place at the "alternative" World Social Forum in Belem, Brazil.
There, an eclectic mix of some 100,000 campaigners, thinkers, and working people came to starkly different conclusions about the causes of the downturn, and how best to address it.
We asked four participants from around the globe to give us their opinions. Click on the links below to read their arguments.
| David Evan Harris Director, Global Lives Project Walden Bello Focus on Global South
|  | Myriam Vander Stichele Researcher on multinationals Marcos Arruda Economist
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Labels: Economic Crisis Views Debates Downturn Globe Conclusions Questions Systems
posted by jackaranda at 4:59 pm
1 Comments:
We do not need any conspiracy theories to know, Globalization and Free Trade have been driven by powerful forces outside the will of the people.
It made production portable ready to be moved again and again for the sake of cheaper labor.
However when the value of labor and workers are devalued this way, it eventually impacts the value of paper money. The value of workers and labor is a real tangible asset and acts as a money standard since paper money values depends on the sum total of what an economy possesses.
Actually, money was Globalized before goods and workers were. See http://www.bizarrepolitics.com/globalization-of-money-products
As our economies that are based on making money on money instead of making thing fade away, we need to plug in lively commerce in local value added economies settings.
See http://www.tapsearch.com/tapartnews/id25.html
See also http://tapsearch.com/clinton by Ray Tapajna
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