Economy

Under the new constitution approved in January 2009, the state now controls all minerals, metals, precious and semi-precious stones in the country. While respecting previously granted concessions to private companies, it has restricted new concessions to joint ventures with the state In 2007, the Bolivian government returned 100% control of the Huanuni tin mine to the state-owned Comibol. On May 3, the government nationalised the Glencore-owned antimony smelter, which has been out of operation for more than two years.
The tremendous success of the April 19-22 World Peoples Summit on Climate Change and Mother Earth Rights held in Cochabamba, Bolivia, has confirmed the well-deserved role of its initiator — Bolivian President Evo Morales — as one of the world’s leading environmental advocates. Since being elected the country’s first indigenous president in 2005, Morales has continuously denounced the threat posed by the climate crisis and environmental destruction. Morales has pointed the figure at the real cause of the problem: the consumerist and profit-driven capitalist system.
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Six US banks control 60% of GDP “They are Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo. They have assets equivalent to 60 percent of our gross national product. “And to put this in perspective, in the mid-1990s, these six banks or their predecessors, since there have been a lot of mergers, had less than 20 percent. Their assets were less than 20 percent of the gross national product.”
On May 6, women gathered in Melbourne dressed in pyjamas and hair curlers, ready for the Mothers’ Day breakfast in bed that they never get because of poverty and the stress of being a single parent. The action was to call for an end to poverty for single mothers. Council of Single Mothers and their Children (CSMC) project worker Kerry Davies told the protesters that “single mothers and their children are Australia’s poorest families and are now the single highest group of homeless people in this country”.
On April 29, more than 10,000 union members and others organised a protest on Wall Street in New York organised by the AFL-CIO union federation, Alternet.org said the next day. “The banners declared ‘Wall Street: Never Again’ and ‘Less Audis, More Audits’. Almost to a one, they echoed the clear policy demands of the day: regulatory reform, new taxes on banks and speculators, and a jobs bill.”
The proposed “bail-out” of the Greek economy by the International Monetary Fund (IMF) and European Union (EU) has set off a huge struggle with worldwide implications. On May 5, as Greek parliament debated the IMF-EU package, half a million people took over the streets of Athens as part of a nation-wide general strike. It was Greece’s largest demonstration in 30 years.
In the United States, Google-owned video-sharing site YouTube has for hip hop star M.I.A.’s new single “Born Free”, citing the graphic nature of its content. More than nine minutes long, the clip, directed by Romain Gavras, begins with heavily armed soldiers with US flags on their uniforms raiding someone’s home. The location is not known, but the setting is reminiscent of Baghdad or the Palestinian West Bank.
In the Cochabamba football stadium on April 22, diverse indigenous peoples paraded around the track, thousands of local peasants sat in the stands, and thousands more activists from around the globe waved flags and chanted on the field. A common sentiment flowed through the crowd: something historic had occurred over the previous three days during the April 19-22 World People’s Conference on Climate Change and the Rights of Mother Earth organised by the Bolivian government in Cochabamba.
Bolivia's World People's Summit on Climate Change and the Rights of Mother Earth was radical, inspiring, uncompromising and exactly what was needed. Up to 30,000 people from six continents took part in the summit, which was held in the Bolivian city of Cochabamba from April 19 to 22. The huge oil spill from a BP rig in the Gulf of Mexico underscores the summit’s significance. About 800,000 litres of oil are spewing out a day. The company admits it may not be able to stop the leak for weeks — or even months.
The World People’s Conference on Climate Change and the Rights of Mother Earth held in April 19-22 in Cochabamba, adopted a People’s Agreement on tackling climate change. Some of its key points are listed below. Visit Pwccc.wordpress.com to read the full document, and other resolutions adopted by the summit. The People’s Agreement includes the following points:
“Capitalism is the number one enemy of humanity”, Bolivian President Evo Morales said in his closing speech to the World People’s Conference on Climate Change and the Rights of Mother Earth held on April 19-22 in Cochabamba. “It turns everything into merchandise, it seeks continual expansion. The system needs to be changed.” More than 35,000 people attended the summit, organised by the Bolivian government in response to the challenge of climate change after rich nations refused to allow an agreement for serious action at the December United Nations climate summit in Copenhagen.
Green Left Weekly stands for putting people before profit. That includes rejecting the idea that anything that people need or enjoy should be subordinate to the drive for profit, be it health care, public transport or indeed sport. But unfortunately sport under capitalism is increasingly driven by the dollar, not people's enjoyment or community participation.

The S11 protests against the World Economic Forum were a triumph for the Australian left, writes Susan Price. But it was a tough job to put them together and took enormous efforts of many different people from many different backgrounds.

Come along to learn how to defend you rights when dealing with Centrelink and job agencies, why we have poverty and unemployment in a country as wealthy as Australia and how we can struggle for a fairer world.

Stick around as summer school will be followed by
'CATHY COME HOME' FILM SCREENING + COMMUNITY DINNER

Hosted by Anti-Poverty Network SA & Industrial Workers of the World Adelaide

More info: antipovertynetwork.sa@gmail.com or 0411 587 663.

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