Our present system of global governance is unjust, ineffective and extremely dangerous. The G8 leaders are meeting in Germany. Although they represent less than 12 per cent of world population, they decide global policy on most issues through the central banking system, OECD, Nato and a host of other institutions. They dominate the UN Security Council, with four out of five permanent members, who can veto any decision.
War continues in Angola, central Africa, Sudan and elsewhere.
The most powerful members of the Security Council are also the world's biggest arms traders. They pursue their own interests, selling weapons around the world. The Western minority also dominates global economic decision-making, through the IMF, the World Bank, the central banking system, transnational corporations and the G8 itself. Their decisions on interest rates, finance and trade affect most people in the world, who have no say. Western decisions created the debt burden, which forces the world's poorest into debt slavery to the rich.