United for #globaldemocracy

17 October 2011


On 15th October 2011, united in our diversity, united for global change, we demand global democracy: global governance by the people, for the people. Inspired by our sisters and brothers in Tunisia, Egypt, Libya, Syria, Bahrain, New York, Palestine-Israel, Spain and Greece, we too call for a regime change: a global regime change. In the words of Vandana Shiva, the Indian activist, today we demand replacing the G8 with the whole of humanity - the G 7,000,000,000.

Undemocratic international institutions are our global Mubarak, our global Assad, our global Gaddafi. These include: the IMF IMF
International Monetary Fund
Along with the World Bank, the IMF was founded on the day the Bretton Woods Agreements were signed. Its first mission was to support the new system of standard exchange rates.

When the Bretton Wood fixed rates system came to an end in 1971, the main function of the IMF became that of being both policeman and fireman for global capital: it acts as policeman when it enforces its Structural Adjustment Policies and as fireman when it steps in to help out governments in risk of defaulting on debt repayments.

As for the World Bank, a weighted voting system operates: depending on the amount paid as contribution by each member state. 85% of the votes is required to modify the IMF Charter (which means that the USA with 17,68% % of the votes has a de facto veto on any change).

The institution is dominated by five countries: the United States (16,74%), Japan (6,23%), Germany (5,81%), France (4,29%) and the UK (4,29%).
The other 183 member countries are divided into groups led by one country. The most important one (6,57% of the votes) is led by Belgium. The least important group of countries (1,55% of the votes) is led by Gabon and brings together African countries.

http://imf.org
, the WTO WTO
World Trade Organisation
The WTO, founded on 1st January 1995, replaced the General Agreement on Trade and Tariffs (GATT). The main innovation is that the WTO enjoys the status of an international organization. Its role is to ensure that no member States adopt any kind of protectionism whatsoever, in order to accelerate the liberalization global trading and to facilitate the strategies of the multinationals. It has an international court (the Dispute Settlement Body) which judges any alleged violations of its founding text drawn up in Marrakesh.

, global markets, multinational banks, the G8 G8 Group composed of the most powerful countries of the planet: Canada, France, Germany, Italy, Japan, the UK and the USA, with Russia a full member since June 2002. Their heads of state meet annually, usually in June or July. \G20 G20 The Group of Twenty (G20 or G-20) is a group made up of nineteen countries and the European Union whose ministers, central-bank directors and heads of state meet regularly. It was created in 1999 after the series of financial crises in the 1990s. Its aim is to encourage international consultation on the principle of broadening dialogue in keeping with the growing economic importance of a certain number of countries. Its members are Argentina, Australia, Brazil, Canada, China, France, Germany, Italy, India, Indonesia, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, USA, UK and the European Union (represented by the presidents of the Council and of the European Central Bank). , the European Central Bank Central Bank The establishment which in a given State is in charge of issuing bank notes and controlling the volume of currency and credit. In France, it is the Banque de France which assumes this role under the auspices of the European Central Bank (see ECB) while in the UK it is the Bank of England.

ECB : http://www.bankofengland.co.uk/Pages/home.aspx
and the UN Security Council. Like Mubarak and Assad, these institutions must not be allowed to run people’s lives without their consent. We are all born equal, rich or poor, woman or man. Every African and Asian is equal to every European and American. Our global institutions must reflect this, or be overturned.

Today, more than ever before, global forces shape people’s lives. Our jobs, health, housing, education and pensions are controlled by global banks, markets, tax-havens, corporations and financial crises. Our environment is being destroyed by pollution in other continents. Our safety is determined by international wars and international trade in arms, drugs and natural resources. We are losing control over our lives. This must stop. This will stop. The citizens of the world must get control over the decisions that influence them in all levels - from global to local. That is global democracy. That is what we demand today.

Today, like the Mexican Zapatistas, we say “¡Ya basta! Aquí el pueblo manda y el gobierno obedece”: Enough! Here the people command and global institutions obey! Like the Spanish Tomalaplaza we say “Democracia Real Ya”: True global democracy now!".

Today we call the citizens of the world: let us globalise Tahrir Square! Let us globalise Puerta del Sol!




General People’s Assembly Puerta del Sol - Madrid, People’s Assembly London, People’s Assembly Buenos Aires, People’s Assembly Sao Paulo, People’s Assembly Vigo, Spain People’s Assemblies Network, People’s assembly Boston, Occupy Melbourne, ATTAC Spain, ATTAC France, CADTM, War on Want - London, Globalise Resistance - London, Italy Uncut, Democracia Real Ya International, Gaia Foundation, Egality London, Egality Berlin, Network Institute for Global Democratization, Naomi Klein, Vandana Shiva, Noam Chomsky, Eduardo Galeano, Michael Hardt

CADTM

COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT

8 rue Jonfosse
4000 - Liège- Belgique

00324 60 97 96 80
info@cadtm.org

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