Politics

Globalisation on the free trade model of the neo-liberal Washington consensus economics is colliding with local cultures natural economic sovereignty, social customs and values, as well as traditional agriculture, indigenous rights and the protection of biodiversity and the environment. The fundamental issue is the very economic model underlying today’s Globalisation of technology, trades and markets. The critics from many diverse perspectives agree that free trade doesn’t account for social and environmental costs and cultural disruption in the price in traded goods and services will continue to cause more harm than good.

The World Bank, the IMF, the US Government and the WTO still refuse to recalculate prices and microeconomic indicators including the GDP to include these social and environmental costs, which contribute towards the deterioration of human life. Civil society movement groups throughout the world are committed to the idea of preserving human identity and enriching biological a cultural diversity.