Finance got bailed out, we got sold out.
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After the
crash, governments bailed out the banks but didn’t fix them. Finance has
refused to change its ways. The people – and our public services – have paid
the price.
Photo:
PSI/Shutterstock.com
We’re saying no more. We
need to send a message to politicians, banks and institutions everywhere that
this won’t stand says Change Finance, a citizens’ movement from more than 11
countries and 5 continents (and growing), including charities, campaigning
groups, think tanks, environmental groups, religious organisations and trade unions,
who represent millions of people across the world.
Across regions, citizens will be participating in a
day of
action. Which is where you come in. With people like you standing
alongside us, we can take a stand and be heard.
It starts on September 15th – the 10-year anniversary of the collapse of the US investment
bank Lehman Brothers and the start of the crisis.
www.changefinance.org
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India
The University Grants Commission has notified new
rules that allow public-private-partnership entities to assess and accredit
educational institutions, “prompting criticism from academics who
say the policy would lead to sale of
accreditation grades.” Rajesh Jha, a member of Delhi University's
executive council, said: “The
government is trying to promote privatization of higher education. It wants top colleges to take autonomous status
to start self-financing courses. It wants to give institution of eminence
status to Jio Institute, which is yet to be set up. Now it is involving
private entities in accreditation also.”
Indonesia
In Jakarta, a
women’s movement is leading the fight against water privatization.
Peoples Dispatch spoke to Dinda Nuur
Anisaa Yura from Solidaritas Perempuan (Women’s Solidarity for Human Rights) about the movement against water privatization. “If the RCEP [Regional Comprehensive Economic Partnership, a mega free
trade deal] comes, then there will not only be two companies to control the
water resources, but it will further privatize water in Indonesia. There are very few communities who can still
access water for free now and in the future, with RCEP and other trade
agreements, we will have much less access to water resources as all of it
will be grabbed [by corporates] and it will cost us our sovereignty.”
Pakistan
The new Prime Minister Imran Khan will be opening
negotiations with the IMF, “seeking up to $12 billion in loans that could require privatization of some national assets.”
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