A message to the global leaders: never again!
The past few months have seen one of the most significant financial crises in history. In recent weeks, world leaders have recognized the need to reform the global financial system and its institutions. More than 3400 NGOs and civil society organizations signed a joint statement to declare how they’re deeply concerned that the meetings will be carried out in a rushed and non-inclusive manner, and as a result, will neither address the comprehensive range of changes needed, nor fairly allocate their burden.
This statement sketches an agenda for change that would resolve the crisis by putting people and the planet first. It starts from the experiences of groups and communities around the world. It speaks to a financial meltdown triggered in the very heart of the globalized capitalist economy that has combined with the growing crises of climate chaos and hunger, and that now reaches into every corner of the planet. This new crisis of predatory and unregulated “casino capitalism” is destroying jobs, lives and livelihoods, while wreaking havoc on currencies and stock markets around the world. It has taken resources from the many, while concentrating wealth in the hands of the few.