The Malta Independent 13 August 2026, Thursday
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The Fantasy of fair globalisation

Malta Independent Thursday, 7 October 2010, 00:00 Last update: about 14 years ago

The huge accumulation of capital is in perpetual search for lucrative investment. Ultimately, they are trying for a solution by privatising the public sector and liberalising trade as potential avenues for investment, but at what cost? With its sole motive of super profit, capitalism has subjected all sections of the toiling people to inhuman exploitation and degradation.

But this phase of the capitalist crisis is not just a phase of its usual cyclical crisis. It is a phase of general crisis of capitalism encompassing all aspects of economy, society, politics, culture and environment. That is why, for its survival, capitalism has ultimately resorted to a method that is mindlessly inhuman.

Can this methodology, which itself is intrinsically and universally not only unfair but de-humanising to the core, be remodelled into a fair one with a human face? To say the least, all these talks are wild fantasies, a very crude form of hypocrisy and deception to cover the cruelties of globalisation and to benumb the anger and spirit of resistance of the millions of hapless victims of this imperialist globalisation.

The world needs an order. There is a need for universal, global, just and democratic order. There is an order coming, one that can be seen coming at full speed, unstoppable – it is the neo-liberal globalisation, going global. Zminijietna – Voice of the Left, believes that we have to start thinking about an order of a different kind and, in the meantime, denounce and struggle. We welcome the initiative taken on 29 September by ETUC to organise a demonstration in Brussels with the support of many other European Trade Unions, including the General Workers Union, against the European anti-social agenda and perspective.

Lino Vella

Zminijietna – Voice of the Left

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