The desolation of the global economy in two hours is a complex challenge that, starting from the creation of the liberal system, continues to generate and generate a multitude of events, conflicts, collateral damage and headaches. Those who have sat at the table have agreed that the policies planned for the interest of some are in a serious crisis. They have stressed that the economic crisis that was unleashed a decade ago is yet another fact and that, in general, they are experiencing serious management problems. The Madrid coordinator of the Peace and Dignity of OMAL, Pedro Ramiro, stressed that survival is guaranteed: “The end of the world is closer than the end of capitalism.”

“I come to persuade you,” have been the first words of the Mexican economist Oscar Ugarteche, rigid and friendly: “We are facing a major global economic change that is being sought to hide.” The United States is the navel. The general coordinator of the Latin American Economic Observatory has graphically captured the data in a presentation in which he has explained the economic decline of the U.S. government. Its labour productivity has been unavoidable since 1975, with the steam, electricity and above all oil industry being the main support. The US Economic Advisers decided to respond to the tax cuts and customs taxes, as well as to the trade agreements signed with several countries, with free trade. “It has served them to remain referents, but they have lost their referentiality,” says Ugarteche. He said that Japan’s competitiveness first and China’s competitiveness has now “frightened” them, as China’s GDP grows three times faster than any country’s: “They managed to stop Japan, but China seems to come to stay, everything does faster, better and cheaper than the United States.”

The incident with the Chinese multinational Huawei, which has been arrested by the police, has also been recalled. In these times of digital technologies, Ugarteche says that the fact that Asians create a fast 5G connection and that Americans respond with the veto is an example of raw commercial war. In car consumption, for example, the Chinese have clearly opted for the electric car – they are the same 2/3 as in the world – while the Americans, the main owners of oil exploitation, continue with petrol. The one who comes to the other countries is always one or the other, always in the interests of the country itself. He added that the social imbalance currently being experienced in Latin America is directly related to that, as, among other things, the United States has intervened because many countries have trade relations with China. “The main current competition is in Latin America and the engine in Asia.”

 

 

 

 

There is no place for everyone in the world within philosophy and there is a direct influence on them by the “ecological collapse”, said feminist economist Amaia Pérez. “The crisis has come to stay,” he says. Iparralde’s general economic perspective is already “a historical mindset”, as although it has always existed, precariousness has reached this point. Perhaps more evident now, as if the aforementioned collapse had opened our eyes: “We are already squandering the remains of the planet, which we also exploit knowing that material resources are being exhausted.” The business of a few. For Pérez, so far we have been seduced and now remain in an insufficient seduction capacity: “But the European Union wants us to believe that we are doing well towards equality.”

Pérez referred not so much to the direct damage caused by governments, but to the collateral caused by the multinationals through the liberal system, since although companies have value and economic capacity, they currently have total or corporate power. Stresses the need for its dismantling: “We are 99% of the world that is not of those, but to face us first we have to undo the powers between us and move from feminism to equality.”

Coinciding with Pérez, Pedro Ramiro spoke of the European Union’s position, “utopia of good and proper globalisation”. In fact, he said that free trade entails the massive internationalization of multinationals, allowing them to mobilize and invest “today and tomorrow”, that is, acting with full corporate power. The survival of local businesses, or not so large, is questioned in this exchange, creating an invisible oligopoly or monopoly. The multinational International Airlines Group, for example, has managed almost 3/4 of the flights in the Spanish State recently purchased by Air Europa. “Who has the responsibility for this? No one?” Ramiro asked.

Economic impact on climate change

Pérez said that we are squandering the last remains of the planet, and Ramiro, just as Ugarteche referred to the shortage of oil and the future of electric cars, referred to climate change. Diplomats, heads of government and businessmen are aware that this is an issue that is on the lips of all the world’s citizens, and the decision taken in response to this has led to the Paris Summit four years ago by “hypocrisy”. Close to 200 countries met and it seemed to be the first step towards ending the nightmare. “Of course, they did not specify anything: they agreed to increase – without quantity – the financial flows to reduce the effect of heating and set as their primary objective that the temperature of the planet should remain below what is expected by the end of the century.” They pledged to meet every five years – the next one in 2020 – to agree on “bigger” targets.