Durban 2011, adds even a greater failure to the one already built up since Copenhagen where, studied from the current perspective, it makes clear that not just a battle was lost against the climatic crisis, it was much more.
The blog is designed to contribute to a more open and worldwide dialogue about these global issues and reunites a network of specialists on the subject of the economic, environmental and development crises.
Although the text will be extensively negotiated in the coming months and will most likely be modified, the zero draft in its current stage reaffirms Member States commitment to work together for a prosperous, secure and sustainable future for both people and the planet.
We call organizations, Networks and movements in the struggle for Environmental Justice, against the greening of capitalism and mercantilization of life and in defence of common goods, to join this call and the process of building and mobilizing for the Peoples Assembly at Peoples Summit Turing Rio+20, between 15 and 23 June 2012 in Rio de Janeiro.
With economic crashes and ecological calamities so prevalent in 2011, concluding with a do-little November G20 meeting in Cannes and a do-nothing December climate summit in Durban, January has opened with intense fear of eurozone deterioration. In this uncertain context loom the two most potent forces shaping the period ahead: China’s capital accumulation process and class struggle.
China might be on the verge of a collapse, and with it the last bastion of economic growth in the world economy would also be gone. Not only the center is stagnant, but also the periphery of the global economy is very fragile. But the probability of a Chinese slowdown is greatly exaggerated.
The zero draft of the outcome document for Rio+20 is clearly an attempt by the Secretariat to produce a document that can be widely accepted in time for adoption in June, with the hope that its generality will not give rise to difficult intergovernmental negotiations.
The ECB is not prepared to perform the proper role of any central bank, namely the ‘lender of last resort’ function. EMU governments have not made progress on the ‘eurobond’ idea, whereby the EMU members would share the troubled economies burden of debt.
