imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

The Credit Crisis may reflect concern with likely growing trade union power.

by Anthony Ravlich Saturday, Sep. 27, 2008 at 1:33 PM
anthony_ravlich@yahoo.com (0064) (09) 302.2761 10D / 15 City Rd., Auckland City, New Zealand

The credit crisis may reflect a likely increase in the power of the trade union movement as a consequence of decisions made at the UN.

The Credit Crisis may reflect concern with likely growing trade union power.



Anthony Ravlich

Chairperson

Human Rights Council Inc., (New Zealand, Asia-Pacific Region)

10D/15 City Rd.

Auckland City.

Ph: (0064) (09) 302 2761.

Website: www.hrc2001.org.nz



The credit crisis facing the world may be explained in part in the decisions made in recent years at the United Nations to place more emphasis on the economic and social interests of the trade unions and the working classes.



The draft Optional Protocol (OP) to the International Covenant on Economic, Social and cultural Rights (ICESCR), which is a complaints procedure for those suffering from social injustices, has been discussed in working groups over the past four years. The draft OP is due to be adopted by the UN General Assembly in October, 2008.

Economic, social and cultural rights include the rights to health, work, fair wages, education, housing, adequate standard of living and trade union rights. The draft OP allows States a ‘wide margin of appreciation’ in terms of where they wish to focus development.

States typically follow the policy directions decided at the UN and the draft OP reflects a major change in policy direction. Over the past 25 years the focus of development, particularly in liberal democracies, has been on the middle to upper classes of society and the Corporations. However, the draft OP allows States to broaden the focus of development to also incorporate the working classes and the trade unions. This would likely provide greater mainstream consent for the continuation of neo liberalism and globalization rather than simply relying on the War on Terror as a means of perpetuating neo liberalism (see my recent article on the internet: ‘Further oppression of the poor likely at the UN’). Economic, social and cultural rights, a previously marginalized set of human rights, will now not only provide greater protections for workers but enable the trade unions to better improve the lifestyles of members although remaining within the frame work of a neo liberal society and globalization. More rights will likely enable the trade unions to make more use of strike action to ensure a better redistribution of the wealth. They will also be able to make use of the OP to lay complaints of violations of human rights with the UN Committee on Economic, Social and Cultural Rights after having exhausted domestic remedies which the State is obliged to make available. And herein lies the difficulties faced by international financial investors now aware that any increase in strike action and complaints of human rights violations will likely diminish future profits. This may well have played a part in the present credit crisis resulting in the US government now proposing to nationalize a considerable amount of social investment.

The US camp at the UN discussions opposed the draft OP preferring the status quo of prioritizing civil and political rights and elite interests however by the end of the discussions the great majority of States supported the draft OP. Even though the US opposed the policy changes at the UN globalization means it is not immune from what happens in the rest of the world especially as US Corporations can be found in many countries of the world.

Washington is presently debating a possible 0 billion bailout of the financial services industry, which has been battered by mortgage defaults and tight credit conditions, and evaporating investor confidence. Loven et al explains the plan: “The Bush administration plan's centerpiece remained for the government to buy the toxic, mortgage-based assets of shaky financial institutions in a bid to keep them from going under and setting off a cascade of ruinous events, including wiped-out retirement savings, rising home foreclosures, closed businesses and lost jobs”. (Bailout deal breaks down; Paulson back to Capitol, by Jennifer Loven and Julie Hirschfeld Davis, Associated Press Writers, Friday September 26, 2008)

However the biggest losers of the credit crisis are likely to be the poor. UN Secretary-General Ban Ki-moon focused much of his speech at the UN on economic challenges and the U.S. financial meltdown which has spread around the world, saying "the global financial crisis endangers all our work -- financing for development, social spending in rich nations and poor, the Millennium Development Goals" to improve life for the poorest (U.N. Head: Global Financial Crisis Threatens Fight Against Poverty, Tuesday, September 23, 2008, Associated Press). Also UK’s Prime Minister Gordon Brown ‘is concerned the costs of the credit crisis, as well as the economic downturn, will mean that the developed world turns off the tap on funding to alleviate poverty’ (Gordon Brown plans financial crisis talks with George Bush, Patrick Wintour, guardian.co.uk, Thursday, September 25).



What makes matters much worse for the poor is that the draft OP provides little protection for the most disadvantaged. The UN Committee on Economic, Social and Cultural Rights devised protections, core minimum obligations, for extreme violations of these rights. However, the draft OP has omitted these core minimum obligations, which ensure an emphasize on such extreme violations as homelessness, extreme poverty etc., allowing States, given their ‘wide margin of appreciation’, to simply focus on the economic and social interests of elite groups and ignore the most disadvantaged if they so wish (a full discussion can be found in Chapter 5, Lack of Will for Social Justice for the Most Disadvantaged at the UN, of my recently published book, Freedom from our Social Prisons: the rise of economic, social and cultural rights, Lexington Books, Rowman & Littlefield Pub. ).

Report this post as:

Local News

Why Should California Choose De Leon Over Feinstein? O10 9:55PM

Change Links September 2018 posted S02 10:22PM

More Scandals Rock Southern California Nuke Plant San Onofre A30 11:09PM

Site Outage Friday A30 3:49PM

Change Links August 2018 A14 1:56AM

Setback for Developer of SC Farm Land A12 11:09PM

More problems at Shutdown San Onofre Nuke J29 10:40PM

Change Links 2018 July posted J09 8:27PM

More Pix: "Families Belong Together," Pasadena J02 7:16PM

"Families Belong Together" March, Pasadena J02 7:08PM

Short Report on the Families Belong Together Protest in Los Angeles J30 11:26PM

Summer 2018 National Immigrant Solidarity Network News Alert! J11 6:58AM

Watch the Debate: Excluded Candidates for Governor of California M31 5:20AM

Change Links June 2018 posted M28 7:41AM

The Montrose Peace Vigil at 12 Years M22 8:01PM

Unity Archive Project M21 9:42AM

Dianne Feinstein's Promotion of War, Secret Animal Abuse, Military Profiteering, Censorshi M17 10:22PM

CA Senate Bill 1303 would require an independent coroner rather than being part of police M10 9:08PM

Three years after OC snitch scandal, no charges filed against sheriffs deputies M10 8:57PM

California police agencies violate Brown Act (open meetings) M02 8:31PM

Insane Company Wants To Send Nuke Plant Waste To New Mexico A29 11:47PM

Change Links May 2018 A27 8:40AM

Worker-Owned Car Wash on Vermont Closed A27 5:37AM

More Local News...

Other/Breaking News

Politoscope plurivalent O17 6:59AM

Paraphysique du microcosme macrocosme O15 6:44AM

September 2018 Honduras coup update O15 3:31AM

The Nation Unites Against Brian Kemp, Most Racist Secretary of State in US O14 7:34AM

The Nation Unites Against Brian Kemp, Most Racist Secretary of State in US O14 7:23AM

Paraphysique de l'ubérisation O13 7:56AM

22 Ways Trump Has Increased US Deficit By 4 to 5 Trillion Dollars O12 10:34PM

Debunking Some Anti-Prop 10 Propaganda O12 6:56AM

Plus d'hôpitaux, à bas les aéros O12 6:38AM

When Banana Ruled (documentary) O11 3:00AM

Outstanding Report By RAMOLA D &Dr.Tomo Shibata O10 9:17PM

Dark Clouds Gather on Horizon for Financial System, Warns International Monetary Fund O10 1:51PM

Fbi pure evil & immorality O10 5:39AM

Reality Check: Palestinian-Israeli Coexistence is a Big Lie O09 7:40PM

Voiceless Animals: 2018 Candidates They Oppose O09 7:01PM

IMF Lowers Global Growth Projections and Raises Concerns of Financial Crisis O09 3:27PM

Canitie, l'inhumanité vieillit O09 7:13AM

L'anarchie en quelques exemples O07 6:50AM

100 Ways GOP Have Stolen Elections Since 1876 O06 12:03AM

Proximospective de l'univocité réifiée O05 6:27AM

“Kava-no!!!” O04 6:42PM

Trump & Palestine vs. Genesis, Rashi & The Land of Israel O03 6:29PM

The Criminality of the Elites O03 11:35AM

Business de l'inhumanitaire O03 7:51AM

Marriage Rape/Date Rape Highest Rapes O02 2:59PM

Women I Know Get Raped - Too Many Times To Count! O02 2:55PM

Women In USA Have Stockholm Syndrom O02 2:50PM

Shooting Drill's Are Political Actual Shootings O02 2:47PM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy