h/t Carol Ray SOCIALIST AROUND THE WORLD GATHERED TO ADOPT a Declaration on the Global Economy based on five fundamental principles of the Socialist International.which was based on five fundamental principles of the Socialist International. The first, solidarity, calling for a new international accord to ensure global trade is fair for all. The second, equality, requiring governments’ global coordination for equality between, and among nations, across class, race, and gender, and to fairly distribute private wealth and reduce wage inequality in all countries. The third, a new internationalism, proposing the creation of a new global set of agreements, the restructuring of the WTO to recycle trading profits from severe wage differentials toward authentic global income security, and a new IMF and global currency regime built on the multilateral synthetic “bancor” system conceived by Keynes himself. The fourth, transparency, to ensure corruption is reduced, with new multilateral treaties on transfer pricing, uniform taxation and uniform laws on tax evasion, to reform private firms and establish new laws on international standards. The fifth, human and ecological balance, a concept interrelated with the economy, is called on to ensure equilibrium is achieved between what people need from the economy and the fundamental carrying capacity of the planet – crucial so that a new era, potentially of global prosperity and security, does not end in an Armageddon of global warming, resource wars, and obscene inequalities. socialistinternational.org/viewArticle.cfm?ArticleID=2200
Posted on: Sun, 30 Mar 2014 13:36:53 +0000
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