“… the near-collapse of the banking system, and the shortage of credit, has encouraged the big Western financial institutions to turn their backs on the developing world. Money is being sluiced back home, to Europe and America, with catastrophic consequences for anyone who wants to get a loan in, say, Nigeria. In these circumstances, it is doubly immoral and disgusting that we continue to restrict the access of the developing world to our markets, and that we continue to use huge sums of taxpayers’ money to dump our products on the Third World.” (source)
Archive for the ‘Globalization’ Category
Posted by rantingkraut on June 5, 2008
Spiegel-Online’s Thilo Thielke on development aid:
“Development aid is a planned economy, even if it doesn’t have a plan. The belief that food shortages can be overcome in a planned economy is one that has already proved disastrously wrong in the former Soviet Union, North Korea and Cuba. One has to feel sorry for the Africans for their continued role as human guinea pigs.
The main reason that there is starvation in Africa is that there are no profits to be made in cultivating or trading foodstuffs. Either developmental aid ruins the profits or corrupt leaders rob their people blind. There’s hardly a country in Africa where private ownership rights are enforced; everything belongs to either the clan or the state.”
Read the rest of the article here.
Posted by rantingkraut on August 30, 2007
“The denunciation of material comfort is so widespread in the West that even schoolchildren seem to think affluence is an evil. (…) If Westerners are not happy with such great things, perhaps they should swap with us Africans. We would love to have what these people seem to hate. You see, we believe in the material progress of mankind; the vast majority of Ghanaians I spoke to while making Damned by Debt Relief said they want more from life: more goods, more products, more choice. We hate being constantly subdued by nature; we are tired of dying early; we are tired of sleeping in mud huts; we are tired of walking long distances for water, food and fuel; we are tired of doing our washing by hand; we are tired of farming with hoes and cutlasses and waiting for nature to be merciful unto us. You think this way of life is ‘natural’ and happiness-inducing? Then you should try it out.” (source)
Posted by rantingkraut on June 9, 2007
With the G8 summit in Heiligendamm over, the negotiations, the protests and the riots have been extensively covered in the MSM. One aspect that has received little attention is what the event did to the locals and those living in the surrounding villages.
The inhabitants of Heiligendamm had their village fenced off and had to pass airport stile security checks every time they wanted to enter or leave. Nearby farmers and others living in the vicinity had local roads blocked by protesters and often had their property vandalised. On previous occasions when Bush visited Germany, the affected areas had curfews imposed.
We can all understand, of course, that heads of government are concerned about security, but wouldn’t it be nice if we could spare the locals all the trouble? Isn’t it odd if a supposedly liberal democracy turns villages into prison camps? I am not the first to suggest that a remote, ideally uninhabited, island would be the best option. Helmut Schmidt, one of Ms Merkel’s predecessors, has already suggested a more remote location. Ms Merkel argues that this would isolate the summit from the people, which is kind of odd, if you consider the amount of effort and fence building that has been undertaken to ensure precisely that kind of isolation.
So let’s be concrete: why not designate some desert island as a permanent place for international gatherings. I like Gough Island, which is far away from anything useful or any population that might be bothered. Down under, those who want to govern could then amuse themselves with the few Greenpeace protesters that make the journey.
There is one more possible benefit: Once they are there, heads of government in attendance could be required to pass a vote of confidence in a referendum in their home country before they are allowed back. That should deter them from agreeing on anything that isn’t truly popular at home.
Posted by rantingkraut on August 8, 2006
The Irish band U2 has moved part of its assets out of Ireland after a cap for artists’ tax exempt income was introduced. An interesting move, given that the band’s singer Bono has quite recently been campaigning for an increase in development aid:
Joan Burton, Irish Labour’s finance spokesman, said: “Having listened to Bono on the necessity for the Irish Government to give more money to Ireland Aid, of which I approve, I am surprised that U2 are not prepared to contribute to the Exchequer on a fair basis along with the bulk of Irish taxpayers.
How did Peter Bauer define development aid again? “… a process by which the poor in rich countries subsidise the rich in poor countries“!
Posted by rantingkraut on July 30, 2006
Back in June, Michael Meacher launched an all round attack against globalization in a Times commentary. His comment covers a wide variety of problems –real and imagined- and regurgitates some of the anti-globalization movement’s more common fallacies. Read the rest of this entry »
Posted in Globalization | Comments Off on Michael Meacher on Globalization