Economic Justice and Resisting Neoliberalism

We believe our economic system should improve people’s lives and the environment. Yet the current dominant economic thinking —often referred to as neoliberalism— puts greed and private interests ahead of people and the planet.

Popular movements now and in the past show us there is another way forward. The domination of neoliberalism needs to be challenged to be able to create better conditions for alternative systems with a more sustainable and equitable approach.

Trade agreements, investment contracts and resource use policies are often conducted without public access. Yet these affect the lives of peoples and communities. They could spell the displacement of communities, violation of peoples’ rights and the destruction of the environment. The work forward requires exposing and challenging the influence of big corporations and international institutions, interrogating the neoliberal policies promoted by development banks and opposing trade negotiations that open market access to corporations instead of taking people’s needs into account. We point out the contradictions of the current development model and expose how today’s economic system benefits a few while impoverishing many. 

With social movements, including feminists, indigenous people and peasant movements around the world, we work in solidarity against destructive logging by big companies, the push for large scale agro-industrial plantations, and mining investments and projects that local communities do not want. We advocate for a legally binding treaty to hold transnational corporations to account on human rights and environmental abuses. We expose and denounce the power of corporations in policies and practices that prevent communities from asserting their rights to sustainable livelihoods and environmental justice.

We advocate economic justice solutions that promote sustainable and culturally appropriate livelihoods like cooperatives and public services that reduce inequality, contribute to equitable power relations including between women and men and expand the role of cooperation, community management and sustainable planning in all aspects of life.

 

“People powered solutions show a pathway to change; our challenge is to scale them up.”
Hemantha Withnage, Centre for Environmental Justice, Sri Lanka


For more information contact:
Regional Program Coordinators
Email: foeapac_programmes@lists.foei.org

Latest Publication

Latest Updates about Economic Justice and Resisting Neoliberalism
Communities say NO to MAAR Ltd.’s toxic waste

Communities say NO to MAAR Ltd.’s toxic waste

Maize Advance Agro Refineries Limited (MAAR Ltd.) has allegedly been dumping untreated toxic industrial waste into the Ekhtiarpur canal in Habiganj’s Madhabpur Upazila, Bangladesh. MAAR Ltd. started operation in Bangladesh in 2012. The local environment administration...

VICTORY: Sri Lankan court orders waste containers to return to the UK

VICTORY: Sri Lankan court orders waste containers to return to the UK

On October 15, after a year-long court process, the Sri Lankan Court of Appeal has ordered the repatriation of 243 waste containers imported from the United Kingdom (UK). The Court also requested that government authorities take legal action against the companies...