Like a Phoenix rising from the ashes, “thirld world” unity has again reared its head. Reminiscent of the New World Information & Communication Order (NWICO) movements – against cultural imperialism, and the LDC trade blocs to negotiate at GATT and UNCTAD through the 1970’s
this new unity has seen leaders of different political and economic dogma’s come together to fight against the developed world’s unfair trade practices.
The US has played its usual “I’m losing so i am not playing” completely forgetting that it is more fun to play together.
And when America sulks, the world goes into depression.
Some interesting features of this round (we are group of 21, they are developed nations):
They are net consumers, we are net producers – and now the produce has gone beyond raw materials.
Our countries are developing fast (in education, in consumer base, in technology) and have a large proportion of young people. They are getting to be a rapidly illiterate society that is greying rapidly
We own the means of production, they own the means of distribution and delivery, and the cosumers
Both us and them agree that free trade is a good idea – but with elections galore next year – it simply isn’t possilbe. real politik intervenes in real economic.
We are going to live in interesting times.