“After selling out Philippine territory through the soon-to-be-signed Baselines bill, this government seems hell-bent on completely surrendering Philippine sovereignty to foreign superpowers.” said Terry Ridon, spokesperson of the LFS.

The majority of humanity has long suffered unremitting poverty and exploitation – but the people are being pushed into even greater difficulties by the current episode of intense economic and financial crisis which is feared to be the worst since the Great Depression of the 1930s.

THE POLICY OF “NEOLIBERAL” GLOBALIZATION
AND WORSENING ECONOMIC CRISIS IN THE PHILIPPINES
By Prof. Jose Maria Sison
Founding Chairman, Kabataang Makabayan
September 11, 2008
Download .doc version: “Neoliberal” Globalization JMS
Thank you for inviting me to speak on the policy of “neoliberal” globalization and the worsening economic crisis in the Philippines on the occasion of the 31st anniversary of the founding [...]