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Globalization can be shaped to ensure that people matter.

- Sharan Burrow
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Author:
Sharan Burrow
Tags:
Globalization
People
Matter
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Until you separate the speculative behaviour of the financial sector from the real economy and the financing of the real economy, then we are not going to see the kind of stability or the capacity to drive genuine, income-led growth as opposed to debt-fuelled, speculative behaviour.

Illicit trade corrupts corporations and governments alike, allows dictators to survive, and obscures oppression, including modern day slavery.

If people do not have jobs, they do not have a secure income, and they do not have a sense of security.

Many women drop out of the work force altogether, which holds back our economy with a loss of skills and personnel.

When working men and women have secure jobs with living wages and social protection, they can invest in the economy at levels which will increase demand and help overcome the twin challenges of ageing populations and economic stagnation.

The competitive pressure to produce, buy, and sell to our global multi-national companies is so intense that contractors in supply chains are motivated to pay low wages, intensify exploitative conditions, keep workers fearful with insecure work contracts, or simply sack workers who have formed a union to fight back.

When we see the banks get bailed out with seemingly no consequences while ordinary people pay the price with job and wage cuts through austerity measures, who could blame a person for wondering where the loyalties of their elected leaders really lie?

We need investment in green economy infrastructure; public services, training and education; and a multilateral plan to create youth job opportunities.

As economists bandy about terms like 'recapitalization,' 'credit lines,' and 'liquidity,' families are facing brutal cuts to their social services and welfare payments, losing their homes, wondering how their kids will make their way in the world.

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Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.

Globalization can be shaped to ensure that people matter.