Socialist Worker

G8 rehashes failure

Issue No. 2359

Heads of state from eight of the world’s biggest economies met at the G8 summit in Northern Ireland last week.

The G8 plan committed them to saying that dodging tax is a bad thing—even Britain’s pseudo-independent tax haven colonies. But it did little else.

There was agreement to negotiate a trade deal.

David Cameron said it “could add £100 billion to the EU economy, £80 billion to the US economy and £85 billion to the rest of the world”.

But it’s a rehash of the globalisation agreements of a decade ago—but without as much lip service to “poverty”.

They want to give the private sector more of a role in everything.


Click here to subscribe to our daily morning email newsletter 'Breakfast in red'

Article information

News
Tue 25 Jun 2013, 18:18 BST
Issue No. 2359
Share this article


Tags



Mobile users! Don't forget to add Socialist Worker to your home screen.