Latin American Leaders on Globalization

A very good article which emphasizes Latin America's leaders waking up to the failures of globalization in taking care of the most marginalized of their peoples. The article begins:

Latin American leaders united to criticize globalization for failing to bridge the gap between the rich and the poor, and urged global lenders like the International Monetary Fund to allow them to spend more on social projects and infrastructure.

'The perverse logic of draining the needy to irrigate the bountiful still stands,' Brazil's President Luiz Inácio Lula da Silva told the U.N. General Assembly in New York.

Lula da Silva, a socialist who has implemented an IMF-sanctioned economic program, called for 'an important shift in the financial flows from international multilateral organisms' to foster 'just and sustainable development.'

Read the whole article. By the way, for those of you particularly interested in Latin America, the Latin American Post is an excellent online clearinghouse for news on Latin America.