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12 | P a g e LABOR & CAPITAL 42 G8 Want to Civilize You Open Circle Holy Damn It Offset, 2007 / Designed: Mumbai, India / Printed: Brussels, Belgium Open Circle is an artists´ initiative formed in India in 1998 to facilitate intercultural dialogue on contemporary issues, especially concerning globalization. Holy Damn It is an activist art project that formed to protest the 2007 G‐8 summit in Heiligendamm near Rostock, Germany. Holy Damn It printed and distributed 50,000 copies of ten posters, including this one, designed by artists from Europe, Africa, India, the Middle East and the U.S. 43 Foreign Debt Rafael Enriquez Organización de Solidaridad de los Pueblos de Africa, Asia y América Latina (OSPAAAL) Offset, 1987 / Cuba The International Monetary Fund (IMF, FMI in Spanish) formed in 1945 to stabilize exchange rates and assist the reconstruction of the world’s international payment system following World War II. The organization's stated objectives are to promote international economic cooperation, international trade, employment, and exchange rate stability. Among the ways of achieving these goals include making resources available to member countries to meet balance of payments needs. However, to accomplish this, the IMF routinely requires a lowering of the standard of living of the majority of a country’s population, to enable the government to repay interest on loans provided by the IMF. As a result, public access to healthcare and affordable food is reduced when IMF loans are made, as governments are required to reduce social services to repay the debt. IMF policies have also been repeatedly criticized for making it difficult for indebted countries to avoid ecosystem‐damaging projects that generate cash flow, in particular oil, coal, and forest‐destroying lumber and agriculture projects. Putting profits routinely ahead of people, the IMF is at best apathetic, but more often hostile regard human rights and labor rights, and have often supported military dictatorships friendly to U.S. and European corporations. All of these issues have mobilized people against the IMF and helped spark the Anti‐globalization movement. 44 Remember How Children Service the Debt LaserScan Chaz Maviyane‐Davies JUST World Trust Offset, 1994 / Penang, Malaysia
Object Description
Exhibition | Globalize THIS! International Graphics of Resistance |
Title | Gallery Guide for "Globalize THIS! International Graphics of Resistance" |
Year | 2012 |
Decade(s) | 2010s |
Curator(s) |
Bennett, Guy Steinberg, Kerri Wells, Carol |
Description | List of 71 objects grouped by theme. |
Notes | 20 pages |
Gallery | Ben Maltz Gallery |
ImageID | Globalize_THIS_Gallery_Guide |
Collection | Ben Maltz Gallery Exhibition Archive |
Description
Title | Page 12 |
Full Text of PDF | 12 | P a g e LABOR & CAPITAL 42 G8 Want to Civilize You Open Circle Holy Damn It Offset, 2007 / Designed: Mumbai, India / Printed: Brussels, Belgium Open Circle is an artists´ initiative formed in India in 1998 to facilitate intercultural dialogue on contemporary issues, especially concerning globalization. Holy Damn It is an activist art project that formed to protest the 2007 G‐8 summit in Heiligendamm near Rostock, Germany. Holy Damn It printed and distributed 50,000 copies of ten posters, including this one, designed by artists from Europe, Africa, India, the Middle East and the U.S. 43 Foreign Debt Rafael Enriquez Organización de Solidaridad de los Pueblos de Africa, Asia y América Latina (OSPAAAL) Offset, 1987 / Cuba The International Monetary Fund (IMF, FMI in Spanish) formed in 1945 to stabilize exchange rates and assist the reconstruction of the world’s international payment system following World War II. The organization's stated objectives are to promote international economic cooperation, international trade, employment, and exchange rate stability. Among the ways of achieving these goals include making resources available to member countries to meet balance of payments needs. However, to accomplish this, the IMF routinely requires a lowering of the standard of living of the majority of a country’s population, to enable the government to repay interest on loans provided by the IMF. As a result, public access to healthcare and affordable food is reduced when IMF loans are made, as governments are required to reduce social services to repay the debt. IMF policies have also been repeatedly criticized for making it difficult for indebted countries to avoid ecosystem‐damaging projects that generate cash flow, in particular oil, coal, and forest‐destroying lumber and agriculture projects. Putting profits routinely ahead of people, the IMF is at best apathetic, but more often hostile regard human rights and labor rights, and have often supported military dictatorships friendly to U.S. and European corporations. All of these issues have mobilized people against the IMF and helped spark the Anti‐globalization movement. 44 Remember How Children Service the Debt LaserScan Chaz Maviyane‐Davies JUST World Trust Offset, 1994 / Penang, Malaysia |