Speeches
Civil Society’s Choice at the G8 Summit: The Road of Genoa or the Road of Gleneagles? Print E-mail
Speech at the opening plenary of the People’s Summit, Sapporo Convention Center, Hokkaido, Japan, July 6, 2008.

The Group of Eight came into being in 1975 as the G7 at a time that the world was embroiled in deep economic crisis, much like today.  Its main aim was to coordinate the macroeconomic policies of the rich countries at a time of stagflation as well as to forge a common strategy vis-a-vis the developing world, which had loosened its political and economic dependency on the First World during the heady days of decolonization, national liberation struggles, and the emergence of the Organization of Petroleum Exporting Countries (OPEC) as an economic power.
 
Managing the Oil Crisis Print E-mail
Speech delivered during the Development RoundTable Series Forum on Oil and Electric Power held at the Sulo Hotel on 17 June 2008

Our dependency on oil has never been more excruciating than it is today.   The price of fuel has reached unheard of heights.  The price of crude went above $139 a barrel over a week ago, before easing.  At the pump, the price of unleaded gasoline has gone beyond P56 and diesel above P49.  We are now consuming over 120 million barrels a year, and 90 per cent of that is sourced outside the country.

What is causing this unprecedented rise in global oil prices?  The key factor seems to be that the demand for oil is rising much faster than its supply, and this is due fundamentally  to the fact that the few old oilfields on which the world relies for most of its oil are being depleted and no new fields have been discovered that can match their production and reserves.  Peak oil, which was viewed just a few years ago as a outlandish theory, is now being treated as fact.  The second factor pushing up prices is the rush to buy oil futures contracts, a development that is partly determined by the fear that available oil will increasingly become scarce, partly by the desire of investors to park their wealth in oil instead of the declining dollar.
 
Challenges and Dilemmas of the Public Intellectual Print E-mail

Excerpts from Walden Bello's acceptance speech at the Outstanding Public Scholar Award Panel, International Studies Association, 49th Annual Convention, San Francisco, California, March 27, 2008.  Bello was the second recipient of the award, the first being Dr. Susan George in 2007. Members of the panel honoring Bello were George; Dr. Richard Falk, professor emeritus at Princeton University; Dr. Robin Broad, professor at American University, and Dr.Barry Gills, professor at the University of Newcastle. 

I would like, first of all, to say that I am very grateful to the International Political Economy Section of the International Studies Association for this award.  I am very, very honored by the generous comments of Barry [Gills], Robin [Broad], Richard [Falk] and Susan [George].  And it really is an honor to be in the company of Susan, the first person to be given this award.  Let me just say that, especially in comparison to Susan, I am not really sure that I am the best person to be named ISA’s Outstanding Public Scholar for 2008, though I think I would consider myself a public intellectual or, as the French say, intellectuel engage—that is, one who marries analysis to action, or at least tries to.

I have been asked by Barry to share some of the lessons I have learned in my work as a public intellectual. This is not easy since although my views about things are very public, I am not used to speaking about my life in public.

 
The Global Financial System in Crisis Print E-mail
Speech at the Seminar on "Dismantling Obstacles to Advancing Development Agenda and Accountability," People's Development Forum, Bahay ng Alumni, University of the Philippines, 25 March 2008.


I have been asked to address the issue of the international financial architecture that provides the context for aid flows. 

My response is what architecture?  In fact, we now stand on the brink of what former US Federal Reserve Chairman Alan Greenspan last week characterized as possibly the worst economic crisis since the Second World War because of the lack of architecture or structure to govern global capital flows.  The so-called subprime mortgage crisis that has resulted so far in losses of some $400 billion and threatens a chain reaction of collapsing financial institutions globally is the end product of a process of deregulation of financial markets that began during the Reagan-Thatcher era.  This is the latest of some 100 financial crises in the last 30 years, according to the count of the Brookings Institution.

 
Selected Economic, Political, and Social Trends in Asia in a Global Context Print E-mail
Briefing for 11.11.11, Balay Kalinaw, University of the Philippines, 24 March 2008.

 
Nothing to Gain, Everything to Lose Print E-mail

Developing Country Prospects at the Hong Kong WTO and Beyond

Talk delivered at the Forum "What is at Stake in Hong Kong?" co-sponsored by Stop the New Round Coalition and Focus on the Global South, Sulo Hotel, Quezon City, Philippines, 25 November 2005.
 
The Tragedy of Contemporary Democracy in the South Print E-mail

Speech delivered at the World Meeting of Democracy Promoting Foundations, Swedish Parliament, Stockholm, 28-30 August 2005.

 
The War and Peace Equation Today: Print E-mail

Global Trends Threaten Local Initiatives

Speech delivered at the founding conference of the Global Partnership for the Prevention of Armed Conflict, United Nations General Assembly Hall, New York City, 19-21 July 2005. 

 
The Global Crisis of Legitimacy of Liberal Democracy Print E-mail

A speech delivered at Dalhousie University, St. Francis Xavier University, and York University, Canada, in October 2005.


I have been asked to speak on the crisis of American hegemony. In my book, Dilemmas of Domination, I identify three dimensions of this crisis. 

 
The Role of the "Coalition of the Willing" in the Violation of International Law and Universal Human Print E-mail

Speech delivered at the World Tribunal on Iraq, Final Session, Istanbul, 24 June 2005. 

 
Can the Philippines Handle Globalization? Print E-mail

Speech delivered at the ‘Karangalan 2005’ held on 21 January 2005 at the Cultural Center of the Philippines. ‘Karangalan' brought together Filipino recipients of international awards in an effort to dispel the loss of confidence and collective despondence that afflict many Filipinos today.

 
Iraq, the U.S., and the Challenges to the Global Peace Movement Print E-mail

Speech delivered in Vancouver, Canada, at an event sponsored by StopWar.ca, 18 March 2005, held on the occasion of the March 19-20 Global Protest against the War in Iraq.
 

Over the next few days, millions of people throughout the world, from Vancouver to Johannesburg, London to Manila, will be coming out to the streets to register their protest against the continuing military occupation of Iraq by the United States and its allies. In the United States alone, the last count is that there will be anti-war actions in at least 578 cities and communities.

 
Desperate Martians Now Wooing Venusians Print E-mail

Adapted from the author's speeches during an anti-war tour of Italy, 22-27 February 2005.


Europe and the world have witnessed over the last few days the unfolding of a diplomatic offensive that is designed to convince Europeans, "to put Iraq behind them." The effort is, in fact, geared to persuade not only Europeans but also the world that with the recent elections in Iraq, there is a new game that must be played, and the name of that game is democracy.

 
Academics, Power, and the Crisis of the University Print E-mail

Based on a speech given at Linggo ng KAPP (College of Social Sciences and Philosophy Week), University of the Philippines at Diliman, 15 February 2005.

The article first came out in BusinessWorld on 21 February 2005.
 

There is a tendency to downgrade the influence of the academe on policy and on power. Indeed, we academics are often faulted for being in an ivory tower. It would be a mistake for us to believe this. It was Keynes, I think, who said that behind the most practical of politicians is the ghost of some half-forgotten philosopher. Academics or, more broadly, intellectuals have been central to the most influential movements sweeping civil society in modern and, one must add, post-modern times. Marx, of course, comes to mind, as does Keynes himself, the Cambridge don who provided the vital intellectual underpinnings of the post-World War II system managed capitalist systems in both the West and the developing world.

 
Beirut 2004: A Milestone in the Global Struggle against Injustice and War Print E-mail

Speech at the Beirut International Assembly of Anti-war and Anti-Globalisation Movements, 17 September 2004.

 
The Future in the Balance Print E-mail

Acceptance speech, Right Livelihood Award
Swedish Parliament, Stockholm, 8 December 2003

 
I would like, first of all, to express my profound gratitude to the Right Livelihood Foundation for selecting me as one of the awardees of this prestigious prize for 2003. I would also like to thank the Parliament of Sweden for hosting these beautiful ceremonies today. My gratitude also goes to my comrades-in-arms and fellow travelers in the movement against corporate-driven globalization, including my wife Marilen, who is here with me today.

Whenever friends, comrades, and colleagues have congratulated me on the occasion of this award, I have told them that in recognizing me, the Foundation is really recognizing the work of everyone in this burgeoning, diverse movement.

 
The Crisis of the Globalist Project & the New Economics of George W. Bush Print E-mail

Prepared for the McPlanet Conference, Berlin, June 27, 2002

 

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