Political Charter of CADTM International
(Adopted in Belém in January 2009)
In 1989, “the Bastille appeal” was launched in Paris: it invites all popular forces throughout the world to unite for the immediate and unconditional cancellation of the so called “developing” countries. This crushing debt, along with the neo-liberal macro-economic reforms imposed on the South since the debt crisis of 1982, have created the explosion of inequalities, mass poverty, flagrant injustices and the destruction of the environment. In response to this appeal, and in order to fight against general degradation of living conditions of the majority of the population, the CADTM was created in 1990. Nowadays, CADTM international is a network made up of approximately 30 active organizations in over 25 countries in over 4 continents. Its main function focuses on the debt problem and it involves the creation of radical alternatives aimed at the emergence of a world based on sovereignty, solidarity and cooperation between peoples, respect for the environment, equality, social justice and peace.
Since the creation of the CADTM, the international context has changed. Regarding debt, a significant change needs to be taken into consideration: domestic public debt has dramatically increased. Globally, two main opposing trends are developing on an international scale. On the one hand, the neo-liberal capitalist offensive, mainly lead by the G7, the IMF, the WB and the WTO who work in the interests of multinationals and international financial capital, has become more widespread and entrenched. On the other hand, a counter-trend has been developing since the end of the 1990s: powerful social movements against the neo-liberal offensive, in particular in Latin America have emerged. There has been a strengthening of the international social movements which are fighting for “other possible worlds”. The election of leaders who advocate a break with neo-liberalism, apply initiatives on auditing of debt and the suspension of payments on public external debt, the beginning of total recovery of the State’s control over strategic sectors and on natural resources. There has been the failure of neo-liberal projects such as the ALCA and resistance to imperialism in Iraq, in Palestine and in Afghanistan. The evolution of the power relations between these two opposing trends will largely depend on popular reaction when faced with the international crisis which is multi-faceted (financial, social, political, food, energy, climate, environmental, cultural).
Entire charter here