What's Happening?
The Global Social and Solidarity Economy Forum (GSEF) held in Bordeaux, France, brought together 10,000 participants from 109 countries to discuss economic democracy and sustainability. The forum highlighted ongoing racial and colonial issues within the movement,
with a notable lack of representation from Indigenous and Afrodescendant communities. U.S. participation was minimal, reflecting a broader trend of low engagement in international forums. The event underscored the need for greater inclusivity and recognition of informal economies, which are vital to many communities but often marginalized. The forum also addressed the influence of colonial histories on current economic structures and the need for decolonization efforts.
Why It's Important?
The discussions at the GSEF are crucial for understanding the global challenges of building equitable and sustainable economies. The lack of diverse representation and the marginalization of informal economies highlight systemic issues that need to be addressed to achieve true economic democracy. The forum's focus on decolonization and racial equity is particularly relevant as these issues continue to impact global economic policies and practices. The outcomes of such discussions can influence international cooperation and the development of policies that support marginalized communities, potentially leading to more inclusive economic systems.
What's Next?
The next GSEF, scheduled for 2027 in Maricá, Brazil, presents an opportunity to address the shortcomings of the Bordeaux forum. Organizers will need to ensure greater representation and inclusivity, particularly of Afrodescendant and Indigenous communities. The focus will likely be on developing strategies to integrate informal economies into the broader economic framework and addressing the colonial legacies that persist in economic systems. The success of these efforts will depend on the willingness of global leaders and organizations to engage in meaningful dialogue and implement changes that promote equity and sustainability.
