A Thailand meeting of the Asian Development Bank was welcomed
by mass protests in the latest evidence of the worldwide
nature of the anti-corporate globalism movement. The AP wire
reports,
The Asian Development Bank has become the latest victim of
protests and new scrutiny that have dogged big multilateral
economic institutions since the World Trade Organization's
debacle in Seattle last year.
Many demonstrators came from a coastal area south of the
capital, Bangkok, where the bank is helping fund a mammoth
wastewater treatment plant to clean up pollution from barely
regulated industries that have sprouted over the years. The
villagers, who make their living mostly from fishing and
farming, see the location of the facility as punishment for a
mess they didn't make.
The protesters demanded that the bank stop funding the project
and, echoing antiglobalization demonstrations, cease making
loans that increase the indebtedness of poor countries or harm
farmers and the poor in the name of financial restructuring
and reform.
The next time you read some lunatic columnist or hear a
talking head question the motivations of American citizens
involved in protests in Seattle or DC, remember that we're
only following the lead of our friends in the Global South.