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Over the last three decades the advanced capitalist countries have tried to overcome the recurrent crisis of overproduction and to keep their economies and profits growing through the neoliberal offensive of exploiting cheap labor, seizing raw materials and dominating markets across the globe. Since the 1990s, they have resorted more and more to financial devices: speculative profits and debt-driven consumption and production.
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| The G20 Fantasy |
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| Written by Mark Weisbrot |
| Monday, 05 October 2009 15:37 |
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[Basically trying to dispel claims that a new international economic order is in place; the old bosses still call the shots]
"The old system of international economic cooperation is over," announced Gordon Brown at the G20 summit in Pittsburgh. "The new system, as of today, has begun."
Source: The Sunday Observer/UK Add this page to your favorite Social Bookmarking websites
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Newest Resources
Resist newsletter -August 2011
3rd IAMR Press Release
URGENT APPEAL OF THE DISPLACED WORKERS OF TRIUMPH INTERNATIONAL PHILIPPINESImage Gallery
