indienne The face of you pouvoir prend Bolivie
By Roxana Paniagua Humor
No one can deny the unquestionable triumph of Evo Morales Aima (54% of votes, an absolute majority) to presidency of Bolivia. Elections, on 18 December 2005, the victory of the Aymara-Quechua Indian left speechless right. How is it that polling firms to be so deceived? They predicted that Evo Morales was elected with a simple majority, suggesting that the election of new president would be in parliament following the tradition of emoluments established by the traditional parties (MNR, AND, NFR). Miscalculation, because during the last two years and especially since the "gas war" (war against the export of gas) octobre2003, the political class has lost confidence Boliviens.L election of the Movement Toward Socialism (MAS) Evo Morales Aima is unique because no president had ever been elected with absolute majority. An Indian
the presidency ...?
But how does one explain this change? The neo-liberal policies of recent decades have increased the gap between rich and poor. Two thirds of the Bolivian population living on 1 dollar a day.The equivalent of U.S. $ 360 per year. The majority of Bolivians living endessous threshold of poverty are Indians. In fact, the history of Bolivia is full of injustices committed against the majority Indian country. However, this population during the last 25 years of democracy, supported the traditional parties without, however, see changes in their precarious situation. It was during these two decades that indigenous movements have emerged forcefully, sometimes organized into farmers' union or federation of growers of coca leaf in Chapare. Experience in the trade union as well as grassroots organizations, peasants and indigenous people has led a recent ELECTION Indian power. The overwhelming vote (54%) of the population in Bolivia is the result of a convergence policy whose highest point is the election of Evo Morales. In this sense, social organizations and indigenous have a concrete political project, despite their differences, which must be taken into account by Evo Morales and his party, the MAS (Movement Toward lesocialisme). This political project is based on the election of a President of India and especially on the concrete democratization of the country, including one of the conditions is the control of natural resources by the state. However, the sine qua non for political stability based on respect for promises made by Evo Morales to the social movements who had rebelled and overthrew the previous government: the nationalization of hydrocarbons and the convening of a Constituent Assembly. It would give access a "participatory" democracy with emphasis on decision-making by the popular movement. That is why the political agenda of MAS must consider applications from all sectors of the population. Otherwise, DSS risks the same fate as previous governments. Moreover, if the DSS is to create a climate of political stability, it must institute mechanisms for implementation of social and economic programs that he mentioned during his campaign. Situational allies, the Bolivian Workers Central (COB), the Federation of Peasants of Bolivia and the citizens of El Alto, it has already given 90 days to resolve the problems related to natural resources (gas nationalization in particular). Otherwise, if the outcome is not achieved, social peace could break at any time.
But beyond the political project of the MAS, the sense that indigenous people have given this election is crucial.Plusieurs indigenous intellectuals have said that the "end ducolonialisme happened." Even the dissenting voices within the indigenous movement agreed on this point. Felipe Quispe, leader of the Pachakutik Indian Movement, said "the election of Morales will radically change the manner of governing" Bolivia. For thousands of Indian, Evo Morales is a hope in a country where racism larval confined to the Indian political exclusion, economic and social development. Thus, the new president's first speech to his supporters argued that "Bolivia and the indigenous will enter a new era" that will end the racism and corruption. This election day, radio Erbol a native of the city of El Alto, La Paz, said, "In Evo, I put all my hopes, injustice must end ... We have the right to live a life like others. " Confirming this desire, Morales claimed that he did not disappoint with his brothers and sisters, "... in this overwhelming vote, the people who spoke. We had the support and strength of this people who wants to live with justice ... That is not Evo Morales will be the government, you will tous.Le indigenous movement will not be excluded, it will now include ... Apartis we will finish with contempt and xenophobia, "he said.
The massive vote in favor of MAS is also the result of ras-le-bol of the middle class and some middle-class, tired of corruption and traditional politicians. The MAS, however, inherits a situation of political and social crisis and here is his biggest challenge. Is what we will continue the "culture of dialogue specific to Indigenous-like Evo Morales said, to govern? It depends on which side the balance, because the MAS has made many promises with both elites linked to oil interests and divisive groups in Santa Cruz with the popular movement. For now, the MAS appears to lean in favor of his political base (indigenous, peasants, workers, intellectuals, artists, etc..) But it will not be easy to deal with all these sectors.
A single process or ancient history ...
Despite draconian policies they have suffered economically and deteriorating social climate, Bolivians, far from being discouraged have known for the past 25 years organized. The indigenous and popular movement began a long struggle that allowed him to shake up the power. The election of Evo Morales, the first Indian to power, first guess in the words of Vice President-elect Alvaro Garcia Linera 'presence in the Indian administrative bodies, ministries, parliament .... " But it does not necessarily mean a drastic change in the status quo by Ivan Ignacio representative in Canada Council of Andean Nations Coming. According to him, "Evo Morales will 'neutralize' the radical forces of the country, such as movements in El Alto. From cefait must constantly monitor the process, he said. It n'enreste not least, it is a historical process unprecedented because there "was a unit around the election, but it may break at any moment, he said. Second, it is true, there will be a presence of Indians in the administration and decision-making, this will significantly change the social and political relations. However, the fact that the government is composed mainly by indigenous does not necessarily imply a radical change of policy actuelles.Le MAS will be difficult to establish a program to a "change of neo-liberal policies which have fought for social movements, has Stresses in this sense, the American scholar, James Petras (Argenpress, January 9, 2006). Natives say they will monitor the process and we will not betray them again. For now the victory of Evo Morales seems to have a truce in the country.
Besides, the new government's relations with neighboring countries and especially with the United States can be crucial for the country. Several countries have been quick to welcome the arrival of Evo Morales to power. However, the United States "monitor" the process and make a decision based on "the evolution of the democratic process" and depending on the compliance of Evo Morales towards the eradication of coca leaf . For now, Evo Morales in his international tour (Cuba, Venezuela, Spain, France, China, South Africa) said he is willing to sit with the United States and Atiss relations based on "Respect du pays" at-il dit. Reste à voir les Etats-Unis if auront la même attitude.
Tuesday, January 24, 2006
Saturday, January 21, 2006
Jewellery Party Invite Wording
Repsol and the assault on the reserves
general and to chill the angry beat llajua in our veins, Jaime sends this revealing article written by Andres Soliz Rada, published el18/01/2006
legal terminology has been enriched with a new concept that would fade of envy to the most outstanding jurists of our time. The oil company Repsol announced that he had registered as its own gas reserves in Bolivia that controls the stock market in New York under the name of 'concessions sovereign' ('El Diario', La Paz 1/15/2006). The concession is only temporary and limited authorization granted by the State to individuals to exploit natural resources or services. Sovereignty, however, is the supreme power is a state within a nation, which is not subject in its territory, any agency or to another nation. Saying 'granting sovereign' is as absurd as talk of a round square.
According to former World Bank consultant, Victor Paz Ramiro Cerruto, son of four-time former President Victor Paz Estenssoro, the Rules 4 to 10 of the regulation s - x of the Securities and Echange Commission (SEC) of USA, which oversees the operation of the Exchange, said that 'only can be considered proven hydrocarbon reserves those whose engineering and geological analysis demonstrate that they can be recovered (with 90% probability) of existing reservoirs, which have a guaranteed market for a purchase agreement ("La Prensa", 30 - 01-05).
On that basis, denounced the massive fraud that was about to commit the Pacific LNG consortium, comprising British Gas, British Petroleum and Repsol-YPF, in addition to the trader Sempra, which supposedly should sell Bolivian gas to the U.S. by LNG vessels, through a Chilean port. According to Peace Cerruto, the project never existed, since the only purpose of the oil, would enhance its subsidiaries in Chile, was to show the SEC the contract signed by Bolivia to target the U.S. market, to register as their own the 48 trillion cubic feet (TCFS) of proven and probable reserves that the country faces.
The consultant recalled that the 'affair' was alleged complicity of the President of Mexico, Vicente Fox, who authorized the use of Puerto Vallarta to install a regasification plant would not be built, but that would have allowed the companies listed their stocks go up 11 to 18 euros on the Madrid stock exchange, while the then chairman of Repsol, Alfonso Cortina, 'going to get much money in their pockets' 'El Diario', 11/01/2006).
pointed out that the shares of Royal Dutch giant Shell two days fell 7.5% in the stock market in London, to prove that he was fraudulently increasing its reserves, which caused the company a loss of 10 billion dollars. Shell had also lied to the SEC, to inflate its reserves 'by mistake' at 3.900 million barrels equivalent of oil and gas. ("La Prensa", 5/3/2005). Shell's conduct was compared with that of Enron. The paradox is that the Enron-Shell company integrates Transredes, which handles almost all oil, gas and pipelines in the country.
At current export prices gas to Brazil (3 dollars per thousand cubic feet), a TCF generates an economic turnover of 3,000 million dollars. Consequently, the 48 tcfs of Bolivia, mobilize U.S. $ 168 billion. Of these reserves, Repsol in Bolivia controls about 13 TCFS, with a potential of 39 billion dollars. Amounts entered quadruple if one considers that the price of thousand cubic feet in the U.S. market reaches $ 12. For now, only 9 TCFS have contracts and guaranteed markets in Brazil, Argentina and Bolivia)
Repsol has said that the 'sovereign concessions', existing in Argentina, Libya, Algeria and Iran are also registered in their name. Must await the reaction in these countries, but in Bolivia, the State Constitution, Article 139, says: "The hydrocarbon deposits, whatever the state in which they are or how they arise, are domain 'direct, inalienable and state. No grant or contract may vest ownership of oil fields ... ' 01/21/2006
general and to chill the angry beat llajua in our veins, Jaime sends this revealing article written by Andres Soliz Rada, published el18/01/2006
legal terminology has been enriched with a new concept that would fade of envy to the most outstanding jurists of our time. The oil company Repsol announced that he had registered as its own gas reserves in Bolivia that controls the stock market in New York under the name of 'concessions sovereign' ('El Diario', La Paz 1/15/2006). The concession is only temporary and limited authorization granted by the State to individuals to exploit natural resources or services. Sovereignty, however, is the supreme power is a state within a nation, which is not subject in its territory, any agency or to another nation. Saying 'granting sovereign' is as absurd as talk of a round square.
According to former World Bank consultant, Victor Paz Ramiro Cerruto, son of four-time former President Victor Paz Estenssoro, the Rules 4 to 10 of the regulation s - x of the Securities and Echange Commission (SEC) of USA, which oversees the operation of the Exchange, said that 'only can be considered proven hydrocarbon reserves those whose engineering and geological analysis demonstrate that they can be recovered (with 90% probability) of existing reservoirs, which have a guaranteed market for a purchase agreement ("La Prensa", 30 - 01-05).
On that basis, denounced the massive fraud that was about to commit the Pacific LNG consortium, comprising British Gas, British Petroleum and Repsol-YPF, in addition to the trader Sempra, which supposedly should sell Bolivian gas to the U.S. by LNG vessels, through a Chilean port. According to Peace Cerruto, the project never existed, since the only purpose of the oil, would enhance its subsidiaries in Chile, was to show the SEC the contract signed by Bolivia to target the U.S. market, to register as their own the 48 trillion cubic feet (TCFS) of proven and probable reserves that the country faces.
The consultant recalled that the 'affair' was alleged complicity of the President of Mexico, Vicente Fox, who authorized the use of Puerto Vallarta to install a regasification plant would not be built, but that would have allowed the companies listed their stocks go up 11 to 18 euros on the Madrid stock exchange, while the then chairman of Repsol, Alfonso Cortina, 'going to get much money in their pockets' 'El Diario', 11/01/2006).
pointed out that the shares of Royal Dutch giant Shell two days fell 7.5% in the stock market in London, to prove that he was fraudulently increasing its reserves, which caused the company a loss of 10 billion dollars. Shell had also lied to the SEC, to inflate its reserves 'by mistake' at 3.900 million barrels equivalent of oil and gas. ("La Prensa", 5/3/2005). Shell's conduct was compared with that of Enron. The paradox is that the Enron-Shell company integrates Transredes, which handles almost all oil, gas and pipelines in the country.
At current export prices gas to Brazil (3 dollars per thousand cubic feet), a TCF generates an economic turnover of 3,000 million dollars. Consequently, the 48 tcfs of Bolivia, mobilize U.S. $ 168 billion. Of these reserves, Repsol in Bolivia controls about 13 TCFS, with a potential of 39 billion dollars. Amounts entered quadruple if one considers that the price of thousand cubic feet in the U.S. market reaches $ 12. For now, only 9 TCFS have contracts and guaranteed markets in Brazil, Argentina and Bolivia)
Repsol has said that the 'sovereign concessions', existing in Argentina, Libya, Algeria and Iran are also registered in their name. Must await the reaction in these countries, but in Bolivia, the State Constitution, Article 139, says: "The hydrocarbon deposits, whatever the state in which they are or how they arise, are domain 'direct, inalienable and state. No grant or contract may vest ownership of oil fields ... ' 01/21/2006
Kate's Playground Un Censored
The group enters the virtual pitch in a memorable day
As this court tod @ s play, this game starts with a message of Rox, who writes: Here are the videos of the ceremony in Tiwanaku. As the cartoonist of page twelve, today Evo is gone tomorrow religious and civil.
http://www.clarin.com/diario/2006/01/21/index_diario.html
addition to the images that one can find on the inauguration of Evo Morales in Tiwanaku, the companion Valley sent us the following information which serves as proof that social movements are also a form of participatory democracy. Clearly these malcriadeces and lack of respect to international capital scare investors, bankers bolivian yal @ s @ s nice.
The Democracy Center On-Line
Volume 69 - January 19, 2006
BECHTEL VS. BOLIVIA: THE PEOPLE WIN!
Dear Readers: The People Have
won!
This morning here in Bolivia, the Bechtel Corporation will sign an agreement dropping its $50 million legal case against the people of Cochabamba for kicking Bechtel out in the 2000 water revolt. Instead of the fortune it demanded, Bechtel will fly home with a token settlement of two shiny Bolivian coins worth a total of thirty cents. One of the biggest, most powerful corporations on Earth has been defeated by an army of concerned citizens all over the world, including many of you.
Bechtel's surrender is a historic first. Below is an article with details. To the thousands of people who helped wage this fight with everything from e-mails to direct actions, congratulations! You did it!
On another note, I am headed to the US next week to do a series of public talks and panels about Bolivia and events here. If you live nearby, please come. All these are open to the public and everyone is invited.
Jim Shultz
The Democracy Center
WASHINGTON: January 25th at 3:15 pm
The Mott House, 122 Maryland Avenue, N.E.
NEW YORK: February 1st at 5:30 pm
Marymount College, 211 East 71st St. (between 2nd and 3rd Avenues)
The Regina Peruggi Room
ST. PAUL MINN: February 4th at 9am
Unity Unitarian Church, 732 Holly Avenue
BECHTEL VS. BOLIVIA: THE PEOPLE WIN!
The Cochabamba water revolt, which began exactly six years ago this month, will end this morning when Bechtel, one of the world's most powerful corporations, formally abandons its legal effort to take $50 million from the Bolivian people. Bechtel made that demand before a secretive trade court operated by the World Bank, the same institution that coerced Bolivia to privatize the water to begin with. Faced with protests, barrages of e-mails, visits to their homes, and years of damaging press, Bechtel executives finally decided to surrender, walking away with a token payment equal to thirty cents. That retreat sets a huge global precedent.
The Cochabamba Water Revolt
In January 2000 the people of Cochabamba, Bolivia woke up one morning to discover that their public water system had been taken over by a mysterious new private company, Aguas del Tunari. The World Bank had coerced Bolivia to privatize its water, as a condition of further aid. The new company, controlled by Bechtel, the California engineering giant, announced its arrival with a huge overnight increase in local water bills. Water rates leapt by an average of more than fifty percent, and in some cases much higher. Bechtel and its English co-investor, Abengoa, priced water beyond what many families here could afford.
The people demanded that the rate hikes be permanently reversed. The Bolivian government refused. Then the people demanded that the company's contract be canceled. The government sent out police and soldiers to take control of the city and declared a state martial law.
In the face of beatings, of leaders being taken from their houses in the middle of the night, of a seventeen-year-old boy being shot and killed by the army in the face of it all, the people did not back down. In April of 2000 Bechtel's company was forced to leave and the people won back control of their water.
Bechtel Fights Back
Eighteen months later Bechtel and Abengoa sought revenge, filing a $50 million legal action against Bolivia in the World Bank's trade court at the International Centre for Settlement of Investment Disputes (ICSID). It was a legal forum tailor-made for Bechtel. The people of Cochabamba would be tried in Washington, in English, and in a process so secret that no member of the public or press would be allowed to know when the tribunal met, who testified before it, or what they said.
Bechtel claimed it was suing for both its losses and the profits it wasn't allowed to make. Records would later show that Bechtel and its associates had spent less than $1 million in Bolivia.
The People vs. Bechtel
What Bechtel did not count on was the firestorm of public protest that it would face. Cochabamba water revolt leaders, The Democracy Center, and a host of allies all over the world launched a global campaign to force Bechtel to drop the case.
Thousands sent e-mails to corporate executives. Protesters in San Francisco blocked the entrance to Bechtel's headquarters, occupied its lobby, and draped a banner across its front. Dutch activists mounted a ladder and posted a sign renaming Bechtel's Amsterdam office after Victor Hugo Daza, the 17-year-old killed in Cochabamba. The San Francisco Board of Supervisors approved a resolution calling on Bechtel to drop its case.
More than 300 organizations from 43 countries joined in a citizens petition to the World Bank demanding that the case be opened to public scrutiny and participation. Activists in Washington DC protested at the home of the head of Bechtel's water company. Hundreds of articles and dozens of documentaries were published and produced worldwide, making Bechtel and its Bolivian water takeover a poster child of corporate greed and abuse.
Bechtel is a corporation so powerful that it won a billion-dollar, no-bid Bush administration contract to rebuild Iraq, found it all more than even it could take. Last June, Bechtel and its associates raised the white flag and began negotiating a deal to drop their case for a token payment of two bolivianos (thirty cents). Sources close to the negotiations say that Bechtel's CEO, Riley Bechtel, personally intervened to bring the case to and end, weary of the ongoing damage to the corporation's reputation. Bechtel officials flew to Bolivia this week to sign the surrender and collect their two coins.
Bechtel's surrender and what it means
Bechtel's surrender settlement is historic. The World Bank's system of closed-door trade courts has received more than 200 cases like Bechtel's. The WTO and NAFTA trade courts have their own pile of corporate cases. In no other, however, has a major corporation backed down as a result of public pressure.
The public victory over Bechtel is a direct hit against the ever-tightening spider web of global trade rules. International financial institutions, such as the World Bank and International Monetary Fund, coerce poor countries into privatization arrangements as a condition of aid. Corrupt and incompetent governments sit down behind closed doors with multinational corporations and cut bad deals. A year later, or a decade later, the people finally realize what has happened. They demand a reversal and the companies warn, mess with the deal and we will take you to court and we will win
In Cochabamba, people messed with the deal big time. They took back their water. The global campaign against Bechtel sends an important message to other corporations who are thinking of following in their legal footsteps, in Bolivia and beyond:
No, we will not let you wage this fight behind closed doors where only a handful of lawyers has a voice. We will wage this fight on your doorstep. We will make you defend your actions in the court of world public opinion, before your neighbors, your friends, and the media.
One thing that corporations know how to do well is math. When Bechtel and its associates did the math on Cochabamba they concluded that the cost to the company's public reputation was greater than whatever payment they hoped to take from the pockets of Bolivia's poor.
One again, it is clear that the economic rules of the game can be changed. Six years ago the people of Cochabamba won their revolt over water with courage and commitment. Today we have all won the water revolts second and final round, with a persistence that was truly global and that could not be stopped. Another world is indeed possible.
For more information on the Cochabamba Water Revolt visit The Democracy Center's Web site section dedicated to it: http://democracyctr.org/bechtel/.
As this court tod @ s play, this game starts with a message of Rox, who writes: Here are the videos of the ceremony in Tiwanaku. As the cartoonist of page twelve, today Evo is gone tomorrow religious and civil.
http://www.clarin.com/diario/2006/01/21/index_diario.html
addition to the images that one can find on the inauguration of Evo Morales in Tiwanaku, the companion Valley sent us the following information which serves as proof that social movements are also a form of participatory democracy. Clearly these malcriadeces and lack of respect to international capital scare investors, bankers bolivian yal @ s @ s nice.
The Democracy Center On-Line
Volume 69 - January 19, 2006
BECHTEL VS. BOLIVIA: THE PEOPLE WIN!
Dear Readers: The People Have
won!
This morning here in Bolivia, the Bechtel Corporation will sign an agreement dropping its $50 million legal case against the people of Cochabamba for kicking Bechtel out in the 2000 water revolt. Instead of the fortune it demanded, Bechtel will fly home with a token settlement of two shiny Bolivian coins worth a total of thirty cents. One of the biggest, most powerful corporations on Earth has been defeated by an army of concerned citizens all over the world, including many of you.
Bechtel's surrender is a historic first. Below is an article with details. To the thousands of people who helped wage this fight with everything from e-mails to direct actions, congratulations! You did it!
On another note, I am headed to the US next week to do a series of public talks and panels about Bolivia and events here. If you live nearby, please come. All these are open to the public and everyone is invited.
Jim Shultz
The Democracy Center
WASHINGTON: January 25th at 3:15 pm
The Mott House, 122 Maryland Avenue, N.E.
NEW YORK: February 1st at 5:30 pm
Marymount College, 211 East 71st St. (between 2nd and 3rd Avenues)
The Regina Peruggi Room
ST. PAUL MINN: February 4th at 9am
Unity Unitarian Church, 732 Holly Avenue
BECHTEL VS. BOLIVIA: THE PEOPLE WIN!
The Cochabamba water revolt, which began exactly six years ago this month, will end this morning when Bechtel, one of the world's most powerful corporations, formally abandons its legal effort to take $50 million from the Bolivian people. Bechtel made that demand before a secretive trade court operated by the World Bank, the same institution that coerced Bolivia to privatize the water to begin with. Faced with protests, barrages of e-mails, visits to their homes, and years of damaging press, Bechtel executives finally decided to surrender, walking away with a token payment equal to thirty cents. That retreat sets a huge global precedent.
The Cochabamba Water Revolt
In January 2000 the people of Cochabamba, Bolivia woke up one morning to discover that their public water system had been taken over by a mysterious new private company, Aguas del Tunari. The World Bank had coerced Bolivia to privatize its water, as a condition of further aid. The new company, controlled by Bechtel, the California engineering giant, announced its arrival with a huge overnight increase in local water bills. Water rates leapt by an average of more than fifty percent, and in some cases much higher. Bechtel and its English co-investor, Abengoa, priced water beyond what many families here could afford.
The people demanded that the rate hikes be permanently reversed. The Bolivian government refused. Then the people demanded that the company's contract be canceled. The government sent out police and soldiers to take control of the city and declared a state martial law.
In the face of beatings, of leaders being taken from their houses in the middle of the night, of a seventeen-year-old boy being shot and killed by the army in the face of it all, the people did not back down. In April of 2000 Bechtel's company was forced to leave and the people won back control of their water.
Bechtel Fights Back
Eighteen months later Bechtel and Abengoa sought revenge, filing a $50 million legal action against Bolivia in the World Bank's trade court at the International Centre for Settlement of Investment Disputes (ICSID). It was a legal forum tailor-made for Bechtel. The people of Cochabamba would be tried in Washington, in English, and in a process so secret that no member of the public or press would be allowed to know when the tribunal met, who testified before it, or what they said.
Bechtel claimed it was suing for both its losses and the profits it wasn't allowed to make. Records would later show that Bechtel and its associates had spent less than $1 million in Bolivia.
The People vs. Bechtel
What Bechtel did not count on was the firestorm of public protest that it would face. Cochabamba water revolt leaders, The Democracy Center, and a host of allies all over the world launched a global campaign to force Bechtel to drop the case.
Thousands sent e-mails to corporate executives. Protesters in San Francisco blocked the entrance to Bechtel's headquarters, occupied its lobby, and draped a banner across its front. Dutch activists mounted a ladder and posted a sign renaming Bechtel's Amsterdam office after Victor Hugo Daza, the 17-year-old killed in Cochabamba. The San Francisco Board of Supervisors approved a resolution calling on Bechtel to drop its case.
More than 300 organizations from 43 countries joined in a citizens petition to the World Bank demanding that the case be opened to public scrutiny and participation. Activists in Washington DC protested at the home of the head of Bechtel's water company. Hundreds of articles and dozens of documentaries were published and produced worldwide, making Bechtel and its Bolivian water takeover a poster child of corporate greed and abuse.
Bechtel is a corporation so powerful that it won a billion-dollar, no-bid Bush administration contract to rebuild Iraq, found it all more than even it could take. Last June, Bechtel and its associates raised the white flag and began negotiating a deal to drop their case for a token payment of two bolivianos (thirty cents). Sources close to the negotiations say that Bechtel's CEO, Riley Bechtel, personally intervened to bring the case to and end, weary of the ongoing damage to the corporation's reputation. Bechtel officials flew to Bolivia this week to sign the surrender and collect their two coins.
Bechtel's surrender and what it means
Bechtel's surrender settlement is historic. The World Bank's system of closed-door trade courts has received more than 200 cases like Bechtel's. The WTO and NAFTA trade courts have their own pile of corporate cases. In no other, however, has a major corporation backed down as a result of public pressure.
The public victory over Bechtel is a direct hit against the ever-tightening spider web of global trade rules. International financial institutions, such as the World Bank and International Monetary Fund, coerce poor countries into privatization arrangements as a condition of aid. Corrupt and incompetent governments sit down behind closed doors with multinational corporations and cut bad deals. A year later, or a decade later, the people finally realize what has happened. They demand a reversal and the companies warn, mess with the deal and we will take you to court and we will win
In Cochabamba, people messed with the deal big time. They took back their water. The global campaign against Bechtel sends an important message to other corporations who are thinking of following in their legal footsteps, in Bolivia and beyond:
No, we will not let you wage this fight behind closed doors where only a handful of lawyers has a voice. We will wage this fight on your doorstep. We will make you defend your actions in the court of world public opinion, before your neighbors, your friends, and the media.
One thing that corporations know how to do well is math. When Bechtel and its associates did the math on Cochabamba they concluded that the cost to the company's public reputation was greater than whatever payment they hoped to take from the pockets of Bolivia's poor.
One again, it is clear that the economic rules of the game can be changed. Six years ago the people of Cochabamba won their revolt over water with courage and commitment. Today we have all won the water revolts second and final round, with a persistence that was truly global and that could not be stopped. Another world is indeed possible.
For more information on the Cochabamba Water Revolt visit The Democracy Center's Web site section dedicated to it: http://democracyctr.org/bechtel/.
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