Friday, 14 September 2012

#S17 Solidarity From the Global South: Stop Financial Speculation on Food and Climate


The fight of Occupy Wall Street is the struggle of all movements in the world. Finance capital, that created the crisis in 2008, has increased its power instead of being disciplined. At present, world GDP is 64 trillion US dollars while the derivatives market reached the incredible figure of 1,500 trillion US dollars in 2011. The speculative economy is 250 times larger than the real economy of the world. Now banks and Transnational corporations (TNCs) are moving to speculate on the impacts of the climate and environmental crises that the capitalist system has created. Prices of food are beginning to climb again because of climate change and speculation in a world where 1 billion people already suffer from hunger. The banks and TNCs like Cargill, Wal-Mart, Monsanto are seeing this situation as a new opportunity to make profits through food derivatives, natural resource grabbing, GMOs, agro-fuels, free trade agreements, structural adjustments, austerity plans and other mechanisms to increase the privileges of the 1% at the expenses of the 99% of the world and at tremendous cost to our Mother Earth.

From 15 to 17th of September, in solidarity with Occupy Wall Street, we will raise our voices and promote actions to ban derivatives in food, dismantle the power of the banks and TNCs, stop the privatization of water and public services, cancel the illegitimate debts that are strangling our sisters and brothers in Europe, achieve deep cuts in greenhouse gas emissions and restore a life in harmony with nature.

Bangkok, August 31, 2012

SIGNED:
All Nepal's Peasants' Federation
Alliance of Progressive Labor, Philippines
Aniban ng Manggagawa sa Agrikultura (AMA-Pilipinas)
Assembly of the Poor, Thailand
ATTAC France
ATTAC Japan
Bangladesh Kishani Sabha
Bangladesh Krishok Federation
Bhartiya Kisan Union, BKU, India
Focus on the Global South
FTA Watch, Thailand
Global Alliance for Incinerator Alternatives
Global Forest Coalition
Indonesian Civil Society Forum for Climate Justice
Indonesian Political Economy Association
Jubilee South-Asia Pacific Movement on Debt and Development
Karnataka Rajya Raitha Sangha, India
KIARA (The People's Coalition for Fisheries Justice), Indonesia
Kilusang Mangingisda (Fisherfolk Movement), Philippines
Koalisi Anti Utang (Anti Debt Coalition) Indonesia
KRuHA (People's coalition for the right to water), Indonesia
La Via Campesina
Mindanao Peoples' Peace Movement
Migrant Forum in Asia
MONLAR, Sri Lanka
NOUMINREN, Japan
Philippine Rural Reconstruction Movement
Polaris Institute, Canada
SBI (Indonesia Labor Union)
Serikat Petani Indonesia (Indonesian Peasant Union)
SMI (Suluh Muda Indonesia) Sumut
SNI (Indonesia Fisherfolk Union)
Solidarity Workshop, Bangladesh
South Indian Coordination Committee of Farmers Movements
Thai Working Group for Climate Justice (TCJ)

To send your own messages of solidarity, news or pictures of your actions, please email: owsrevtalks@gmail.com

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