Trevor Evans, EuroMemo Group / Berlin School of Economics, Centre for Law, Policy and Human Rights Studies
10 May 2013
Major industrial and financial corporations are organised internationally; at the European level there is a possibility of establishing greater democratic control over their activities; a step back towards the nation state would be a move in the wrong direction.
On 22 April, government representatives from Bolivia, Cuba, Ecuador, Nicaragua, Dominican Republic, St. Vincent and Grenadine, Venezuela, Argentina, Guatemala, El Salvador, Honduras and Mexico met in Guayaquil (Ecuador) for the 1st Ministerial Meeting of the Latin American States affected by transnational interests.
What the civil war in Syria has exposed is that the massive political and social transformation, and real regime change under way is led by people themselves. US military involvement serves only to escalate the destruction.
This second of two essays on military spending and the EU crisis, explores the role of the European arms trade, corruption and the role of arms exporting countries in fuelling a debt crisis, and why these 'odious' debts need to be written off.