portland independent media center  
images audio video
newswire article reposts global

corporate dominance | economic justice

Disarming the Markets

This December 1997 essay by the editor of Le Monde diplomatique kindled the global justice movement Attac.
"The storm that has hit the money markets in Asia and affected the rest of the world is part of a wider danger. That is financial globalization, which has become a law unto itself with its own powers, embodied by institutions such as the IMF, the World Bank, the OECD and the World Trade Organization. Together, they threaten the power base of real states in the real world."

to read Ignacio Ramonet's important essay, click on
 http://mondediplo.com/1997/12/leader

homepage: homepage: http://www.mbtranslations.com
address: address: http://www.globalexchange.org