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Socialist
Youth Leaflet
20th June 2007 |
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The G8 means G8 Hypocrisy
G8 and capitalism mean: • GLOBAL INEQUALITY: 1 billion people worldwide have no access to clean water while the super rich buy designer deodorants worth $30,000 a pop! • AIDS EPIDEMIC: In some parts of Africa one third of young adults will die of the aids epidemic, major pharmaceutical companies have blocked the production of cheap generic drugs to combat aids which would reduce their cost from $10,000 to $150. • "FREE TRADE": In 2003 $4 billion was given to 28,000 big US cotton farmers - This is more than the GDP of the African country Burkino Faso which has 2 million cotton farmers • ENVIRONMENTAL DESTRUCTION: The G8 leaders have failed to achieve the limited targets for cuts in carbon emissions set out by the Kyoto Treaty. One scientist has claimed it would take the equivalent of 30 Kyotos to deal with global warming!
The G8 is a club made up of the most powerful capitalist countries
worldwide. Under the pressure of ordinary working and young people
its leaders were forced two years ago to give commitments to
resolve the desperate poverty facing Africa. 250,000 marched in
Edinburgh under the slogan ‘Make Poverty History’.
Why won't the G8 'make poverty history'? Today the top 500 companies gloablly control 70-80% of world trade. These are privately owned and controlled by those who enrich themselves with vast profits at the expense of the needs workers and poor people internationally. This capitalist system leads to war, horrific poverty and is threatening the very existence of humanity itself. G8 leaders like Bush, Blair and Putin are only interested in helping these companies exploit the resources of the‘third world’ as opposed to helping the people who live there. It is this reason and not simply because of a lack of‘political will’(as Bono and Geldof would have us believe) that explains the inaction of the G8 on issues like third world debt, fair trade and aid. What is the socialist alternative to the capitalist profit system? Socialist Youth and the Socialist Party participated in the recent protests against the recent G8 summit in
Rostock. We reject the that idea celebrities like Bono and
Geldof have put forward in the past that the G8 can be
used as a force for good. |