PHM-Exch> Food for an unfettered yet flagrant thought

[Claudio Schuftan]

Human Rights Reader 297



*CAPITALISM, NEOLIBERALISM AND HOW THEY SCORE IN THE ERA OF U**NFETTERED
GLOBALIZATION AND FLAGRANT DISREGARD FOR HUMAN RIGHTS**. *(part 1 of 2)



-Social and economic climbing is so often accompanied by moral degradation.

-We know, ten times over, that free markets stand for the  primacy of
shareholder value over long term social values, for investing in
speculative assets over investing in real productive economic activity with
all what this entails for an impact on ordinary people’s rights.



The global market is a sick patient suffering from unequal distribution and
excessive liberalization. Its human rights (HR) consequences are
far-reaching. It is thus urgently in need of restraining controls. Free
markets are arenas of conflict in which actors with totally different
bargaining powers interact; they invariably reflect the influence of the
more powerful interests of duty bearers. The nature of claim holders-duty
bearers power relations in free markets is crucial to understand who wins
and who loses, precisely because markets keep the poor stuck in poverty
traps.



The have-less of the world are simply tired of the top-down, undemocratic
impositions of the international market that keeps-on promising that
grand-solutions-are-about-to-descend-on-people.


To read the rest of this Reader, go to

http://wp.me/plAxa-1Dx

Claudio
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