Friday, April 24, 2009

A lot of this sounds oddly familiar

The Declaration of Cumaná: Capitalism 'threatens life on the planet' | rabble.ca
We, the Heads of State and Government of Bolivia, Cuba, Dominica, Honduras, Nicaragua and Venezuela, member countries of ALBA, consider that the Draft Declaration of the 5th Summit of the Americas is insufficient and unacceptable for the following reasons:
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1. Capitalism is leading humanity and the planet to extinction. What we are experiencing is a global economic crisis of a systemic and structural nature, not another cyclic crisis. Those who think that with a taxpayer money injection and some regulatory measures this crisis will end are wrong. The financial system is in crisis because it trades bonds with six times the real value of the assets and services produced and rendered in the world, this is not a “system regulation failure”, but a integrating part of the capitalist system that speculates with all assets and values with a view to obtain the maximum profit possible. Until now, the economic crisis has generated over 100 million additional hungry persons and has slashed over 50 million jobs, and these figures show an upward trend.

2. Capitalism has caused the environmental crisis, by submitting the necessary conditions for life in the planet, to the predominance of market and profit. Each year we consume one third more of what the planet is able to regenerate. With this squandering binge of the capitalist system, we are going to need two planets Earth by the year 2030.

3. The global economic crisis, climate change, the food crisis and the energy crisis are the result of the decay of capitalism, which threatens to end life and the planet. To avert this outcome, it is necessary to develop and model an alternative to the capitalist system. A system based on:
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7. As for climate change, developed countries are in an environmental debt to the world because they are responsible for 70% of historical carbon emissions into the atmosphere since 1750. Developed countries should pay off their debt to humankind and the planet; they should provide significant resources to a fund so that developing countries can embark upon a growth model which does not repeat the serious impacts of the capitalist industrialization.

8. Solutions to the energy, food and climate change crises should be comprehensive and interdependent. We cannot solve a problem by creating new ones in fundamental areas for life. For instance, the widespread use of agricultural fuels has an adverse effect on food prices and the use of essential resources, such as water, land and forests.

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