From Website of ILPS
links: http://www.ilps.info/joomsite/index.php?option=com_content&view=article&id=417:anti-people-neoliberal-dogma-in-g20-summit-means-aggravation-of-global-economic-crisis&catid=45:public-statements-and-calls-to-action&Itemid=57Anti-people neoliberal dogma in G20 Summit means aggravation of global economic crisis
Thursday, 27 October 2011 18:00
By Prof. JOSE MARIA SISON
Chairperson, International League of Peoples' Struggle
Chairperson, International League of Peoples' Struggle
The G20 summit is to be held in Cannes, France on November 3
and 4. Assisted by their finance ministers and heads of central
banks, the heads of governments of the world’s twenty
largest economies are supposed to confront once more the global
economic and financial crisis and seek solutions.
As in previous summits, they will fail to solve the
crisis, bound as they are by the laws of motion of capitalism and
imperialism and by the neoliberal dogma. They are driven by the
profit-making interest of the monopoly bourgeoisie and financial
oligarchy and continue to pass the burden of the crisis to
the broad masses of the people.
Public funds in trillions have been used to bail out the big
banks and corporations from the crisis of their own making and to
wage wars of aggression to please the military-industrial
complex. They have brought about spikes and plunges in the
financial markets but have not stimulated civil production and
employment. As a result, public deficits and public debts have
mounted. And now the public debt bubble is bursting in a
number of the G20 member-countries, especially the US and certain
EU countries.
Solving the crisis of overproduction and the extreme abuse of
finance capital is beyond the purview of the G20 summiteers,
especially because of their neoliberal blinders. They are now
most concerned with the problem of debt defaults plaguing
major capitalist countries, including the U.S. and those in
the European Union, and still many others.
Apparently their main objective is to contain the threats of
default by further pushing austerity measures at the expense of
the people. These measures, which include tax hikes for the people
and tax cuts for the corporations and the wealthy, pressing down
of wages, cutting back on pensions and social benefits,
reducing social services and public sector employment and rising
fees for social services, can only aggravate the economic and
financial crisis.
We anticipate the G20 summit to come out with further
plans to skirt the fundamental problems of capitalism and
imperialism, to further exploit the people under the
auspices of the IMF, World Bank and the WTO and thus to aggravate
the crisis. The imperialist powers will impose themselves on the
rest of the summitteers and defeat or coopt any contrary
view from the BRICS (Brazil, Russia, India, China and South
Africa).
The G20 summit is held at a time that the dominant
imperialist powers are gloating over their success at conquering
Libya and taking over its oil
resources with the use of barbaric air attacks in
combination with their Libyan puppets and rabble brigades
directed by NATO special forces. They are expected to dance over
the graves of close to a hundred thousand Libyan people massacred
by NATO bombs and puppet butchers under the pretext of
humanitarian intervention and protecting civilians.
They are poised to claim the mass uprisings in the Middle
East and North Africa.as the victory of their brand of
democracy as well as the invincibility of capitalism. They will
once more go through the ritual of shedding crocodile tears
over Africa and all the impoverished and underdeveloped countries
of the world now further brought down by global depression.
The US and other imperialist powers are carried away by their
wanton use of financial means and hightech weapons of mass
destruction to destroy the lives, homes and social infrastructure
of peoples with impunity. They are oblivious of the fact that the
world capitalist system is practically falling apart because of
its grave crisis, bankruptcies, state terrorism and wars of
aggression as well as the rising wave of people's resistance
driven by the needs and aspirations for national and social
liberation.
We, the International League of Peoples' Struggle, call on our
member-organizations, all allied forces and the broad masses of
the people to take up all the urgent issues against imperialism
and reaction, further strengthen themselves organizationally,
occupy the public squares and the major streets and
undertake all other forms and means of mass mobilization. We must
intensify resistance and build the movement for national
liberation, democracy and socialism.
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