Northern African countries are key suppliers of natural resources to the global economy, from large- scale oil and gas extraction in Algeria and Tunisia, to phosphate mining in Tunisia and Morocco, to water-intensive agribusiness paired with tourism in Morocco and Tunisia. The commodification of nature and privatisation of resources entailed in these projects has led to serious environmental damages, and forced these countries into a subservient position in the global economy, sustaining and deepening global inequalities.
Biagio Quattrocchi, Vanessa Bilancetti , Francesco Silvi
23 January 2019
Rome’s municipality has accumulated enormous debt, creating an emergency used to close any sort of public space, both physical and discussion. The narrative regarding the debt has been used to attack what we call the city of solidarity – groups, associations, and occupied places that are working to build community as opposed to accumulating profit.
The international bank transfer system, SWIFT, is a form of contemporary digital colonialism and surveillance capitalism as it is run by US firms and provides data to US government agencies. Drives by governments and philanthropists to increase use of digital money will only strengthen it further.
Multistakeholderism has become a new buzzword for global governance, shaping standards for products, setting the rules for global initiatives and increasingly entering every arena of global governance including the UN. They are driven by transnational corporations to consolidate power and profits and have disturbing implications for democracy, accountability and for communities most affected by corporate human rights violations.
No stakeholder-based global governance system comes close to matching the democratic legitimacy of a citizen-based and nation-state-based governance system, but there are ways global governance can and should be reformed.