Deoghar (Jharkhand) - Resolution-4

SWADESHI JAGARAN MANCH
All India Conference, Deoghar (Jharkhand)
11, 12, 13 November, 2011


‘Occupy Wall Street Agitation’

Struggle against globalization and exploitative system of multinational corporations in the last two decades by Swadeshi Jagaran Manch and people of various other developing countries is spreading in developed nations like USA. From last one and a half month, “Occupy Wall Street’ agitation is going on in full swing at Wall Street in New York’s Zuccotti Park, the nucleus of America’s economic power. This movement, comprises of youths depressed due to unemployment. Some of them want to restore the economic system that is completely destroyed due to globalization. Some youths want a solution for the huge amount of debt on the shoulders of United States. All of them are irked over the current economic system. They are flaying the economic system that is protecting the interests of extremely wealthy. Today’s globalization is benefiting only 1% of the population all over the globe. According to Prof. Kruggman out of this 1% hardly 0.1% people are becoming a superrich. Youths representing the feelings of 99 per cent of the American masses have assembled for this cause at Zuccotti Park. This is indicative of the fact that globalization based on exploitative system of multinational corporations has been making life miserable for the common man all over the world.

These youths don’t want the economic system based on the open market, uncontrolled betting and greed for wealth which is benefiting a few people & thereby creating an imbalance in the society. This feeling is the basis behind the ongoing movement.

Swadeshi Jagaran Manch has always adopted a view that the economic policy based on globalization, liberalization and privatization is not beneficial at all for the welfare of common man. Such economic policy is creating disparities between and within the nations. Last 20 years of globalsation have benefited only a handful of people in India. Around 80 % of the total population have not received any benefit.

Due to dominance of multinational corporations farmers are forced to comic suicide, galloping inflation, closure of industries and declining self employment is making the life difficult for the common man. Ambitious plans of multinational corporations to a maximum profit at any cost is the major cause of miseries of people around the world.

Protest towards today’s neo-capitalist economic system has now not just been limited to America. The agitation has now spread in 83 nations round the globe such as Europe, Canada, Spain, etc.

All these world-wide agitations are in line with the views being expressed by Swadeshi Jagaran Manch from last 20 years. Hence Swadeshi Jagaran Manch supports all these feelings and idea behind these movements.

This meeting of Swadeshi Jagaran Manch resolves to appeal to the Indian Government to take cognizance of all these world-wide agitations and adopt necessary steps towards framing the economic policies that will be in the interest of India.

It is further resolved that, as all these agitations that are blooming in various nations of the world are justifying the views proposed by Swadeshi Jagaran Manch. This 10th National Convetion of Swadeshi Jagaran Manch calls upon patriotic people of the country to back this movement of capture wall street and such other movements against exploitative system of globalization.