Bio-diversity Thousands of species disappear every year, lost for ever. The destruction of biodiversity whether it be in Devon or in the rainforests of South America is one of the appalling side effects of the quest for profits. The 3 richest people in the world now have the same money as the poorest 48 countries. Bill Gates alone has as much money as 450 million of the world's poorest people. In Britain, one of the richest countries, a quarter of the population live in poverty.
Global capitalism means poverty and starvation for much of the worlds population.
The collapse of financial markets in East Asia last year shows graphically that global capitalism is out of control and could throw the world into recession and chaos at any moment. The capitalist system offers competition in place of co-operation. Trade wars and actual wars are a permanent feature of the capitalist system. Competition for markets periodically spills over into major wars. As Capital There will be demonstrations around the world to protest against the WTO and global capitalism.