NEOLIBERALISM'S NEWEST PRODUCT: THE MODERN SLAVE TRADE

  • by Ignacio Ramonet
  • Inter Press Service

In this analysis, Ramonet writes that responsibility for the expansion of human trafficking lies largely with the current dominant economic model. In effect, the form of neoliberal globalisation than has been imposed over the last three decades through economic shock therapy has devastated the most fragile levels of society and imposed extremely high social costs. It has created a fierce competition between labour and capital. In Europe many employers threaten their workers with savage competition from cheap labour in distant countries. The result we now see clearly before us: social dumping on a planetary scale.

If we are to avoid this form of corrosive social regression, we will have to begin to question the current workings of globalisation - and begin the process of deglobalisation.

© Inter Press Service (2011) — All Rights ReservedOriginal source: Inter Press Service

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