nakedempire


The American Empire in a Changing World



Pages

Sunday, May 27, 2012

''New age colonialism: West buying up Third World?''

From RT.com

''Multinational corporations are buying up swathes of land in underdeveloped countries in an unchecked scramble towards new-age colonialism. So-called “land grabbing” sees western powers vying for economic control of the developing world’s resources.

The UN Food and Agriculture Organization (FAO), World Bank and the Organisation for Economic Co-operation and Development (OECD) recently gathered with members of the corporate elite and NGOs to develop guidelines against “land grabbing”.  Matters have been prepared over the last three years, leading to the present guidelines being published at the beginning of May 2012. While in principle a perfectly legitimate idea, it’s best to stay cautious.''

read more 

No comments:

Post a Comment