Guest blogged by Ernest A. Canning
"Fact, the world has divided into rich and poor as at no time in our history," warns Maude Barlowe, head of the Council of Canadians and a founder of the Blue Planet Project.
"Fact, global climate change is rapidly advancing, claiming at least 300,000 lives and $125 billion in damages every year," she says. "Called the silent crisis, climate change is melting glaciers, eroding soil, causing freak and increasingly wild storms, displacing untold millions from rural communities to live in desperate poverty in peri-urban centers. Almost every victim lives in the Global South in communities not responsible for greenhouse gas emissions and not represented here at the summit."
Speaking out as a counterpoint to last week's billion dollar, G-20 Summit, whose leaders she referred to as a "global royalty, who have more in common with one another than they do with their own citizens," and as leaders who came to Toronto with an agenda which offers "more of the bad medicine that made the world sick in the first place—environmental deregulation, unbridled financial speculation, unlimited growth, unregulated free trade, relentless resource exploitation, tax cuts for the wealthy, cuts to Social Security and a war on working people," Barlowe delivered a must-see, fact-filled condemnation of a bleak economic and ecological future that is at the heart of what she described as "savage capitalism."
The video and text transcript of excerpts from Barlowe's powerful "Savage Capitalism" speech, courtesy of the July 2nd, 2010 Democracy Now!, follow below...