Global Economic Crisis
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Bolivia Rising: Document of the Bolivarian Alternative for the Peoples of Our Americas (ALBA) countries for the 5th Summit of the Americas
The financial system is in crisis because it is quoting the value of papers at six times the real value of goods and services being produced in the world. This is not a ‘failure of the regulation of the system’ but rather a constitutive part of the capitalist system that speculates with all goods and… Continue reading
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Responses From The South To The Global Economic Crisis
The meeting concluded that the situation has worsened in the last few weeks. It has progressed rapidly from being a series of crises in the financial markets of countries in the centre and has turned into an extremely serious international crisis. This meant that countries in the South are in a very difficult situation. Continue reading