Globalization is the present worldwide
drive toward a globalized economic system dominated by supranational corporate
trade and banking institutions that are not accountable to democratic
processes or national governments. Read more...
The World Trade Organization (WTO) is among the most powerful, and one of the most secretive international bodies on earth. It is rapidly assuming the role of global government, as 149 nation-states, including the U.S., have ceded to its vast authority and powers. The WTO represents the rules-based regime of the policy of economic globalization. The central operating principal of the WTO is that commercial interests should supersede all others. Any obstacles in the path of operations and expansion of global business enterprise must be subordinated. In practice these "obstacles" are usually policies or democratic processes that act on behalf of working people, labor rights, environmental protection, human rights, consumer rights, social justice, local culture, and national sovereignty.
IMF and World Bank
The World Bank and International Monetary Fund (IMF) were created at the Bretton Woods Meetings in 1944, where finance ministers from the countries emerging victorious from WWII met to design a new archtiecture for the modern international economy. The Bank was set up to help rebuild war-torn Europe, but soon thereafter turned its focus to the "underdeveloped" world to bring poor countries into the international economy. The IMF was to help stabilize currency exchange rates between nations.
On August 26th to September 4th, 2002,
the United Nations (UN) World Summit on Sustainable Development (WSSD)
met in Johannesburg, South Africa. This ten-year retrospective
of the 1992 Rio +10 summit was designed to "seek consensus on the general
assessment of current conditions, and on priorities for further action
in new areas or issues." The WSSD did not address in
any substantial way the number one threat to the survival of the natural
world - economic globalization. Read
GLOBALIZATION RESOURCES and ANALYSIS
Globalization and Empire-Building
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