I’m starting with a quote from Mahatma Gandhi which sums up my feelings:
“We cannot leave it to our leaders. We must also act together to build a just world.”
With this historic quote by the godfather of ‘direct action’, blogger Rajiv Joshi started his contribution for G20Voice, an alternative community made up of 50 of the world’s most interesting bloggers who set up network at the G20 Summit at the Excel Centre.They come from 22 different countries, and between them represent a golbal audience of over 14 million readers and online participants. They were joined by representatives of all the major British NGOs.
Here is the view from John Hilary, the director of War on Want: “World leaders have responded by trying to preserve the system that is responsible for the crisis. Governments have been happy to bail out the bankers with hundreds of billions in public money, yet the poorest have received no help in their struggle to make ends meet. Worse still, with its refusal to accept anything but ‘light touch’ regulation of financial capital, the UK government has become the biggest obstacle to progress.
“Gordon Brown and other G20 leaders are throwing money at the global economic crisis rather than addressing its root causes. The London summit has been used to resurrect the failed policies and institutions of the free market era, in a deal which prioritises short-term action at the expense of fundamental reform.
“War on Want believes a stimulus package for the developing world is desperately needed. But the G20 decision to treble money available to the International Monetary Fund will resurrect an institution which lacks legitimacy.”
Barack Obama was adamant that the summit has tackled the main ussues that needed redressing, namely, accountability of the world banking system and trade imbalance. By agreeing on an economic stimulus package, he hoped that the recession will ‘bottom-up’ and come to an end in the next few months. That remains to be seen.