Blog Action Day 08 - "Don't pay for a failed system!"

Accumulation by Dispossession
Increasing inequality within nations and increasing wealth gap between rich and poor countries -
here are the consequences of decades of “neoliberalism”.

Processes of accumulation:

• the commodification and privatisation of land and the forceful expulsion of peasant populations
• conversion of various forms of property rights (common, collective, state, etc.) into exclusive private property rights
• suppression of rights to the commons
• commodification of labour power and the suppression of alternative (indigenous) forms of production and consumption
• colonial, neocolonial and imperial processes of appropriation of assets (including natural resources)
• monetisation of exchange and taxation (particularly of land)
• slave trade
• usury, the national debt and ultimately the credit system as radical means of primitive accumulation.

David Harvey, The New Imperialism, 2003

The US financial meltdown - Part 1: What really happened
Roots of the economic crisis in overaccumulation, financialisation and ‘global apartheid’ By Patrick Bond

Click HERE to view the slideshow

Blog Action Day 2008 Poverty from Blog Action Day on Vimeo.