(Continued from front page ...) The world leaders are on collition course with Third World-experts who hold that 35 years of economic and financial globalization have produced growing divergence, not convergence, in income levels, both between countries and peoples; widening inequality among, and within, nations; more concentrated assets and incomes; falling wage shares and rising profit shares; reduced bargaining power as a result of capital mobility alongside labor immobility  of organized labor; rise in unemployment and the accompanying "casualization" of the workforce with more and more people working in the informal sector that have generated an excess supply of labor and depressed real wages. (Source: Dr. Ravinder Rena of the Eritrea Institute of Technology)

Ordinary people present at the Toronto summit have expressed their anger. We understand them. Globalization has turned out to be an extreme stage of capitalist exploitation which will continue to speed up proceedings toward the demise of capitalism and the rise of whatever that will fill the vacuum it leaves behind -- poverty, hopelessness, unemployment, social unrest, etc.

We hope the basic ideology of what is to come will not be religious fundamentalism or any other type of fascism but spiritual humanism for the good and happiness of all.