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Frustration of Imperialists' "Globalization" Strategy Urged

KCNA

    Pyongyang, December 17 (KCNA) -- The "globalization" strategy of the imperialists, the U.S. scheme of uni-polor world, is bound to go bankrupt, says Rodong Sinmun in a signed article today. It goes on:
    The United States is resorting to arbitrary and strong-arm practices in the international arena in disregard of the United Nations, international law and the demand of the era, styling itself the "only superpower" and "leader" of the world. This throws a revealing light on the reactionary nature and danger of the "globalization" advertised by it.
    The developing countries are suffering enormous damage from the imperialists' "globalization" moves.
    The phenomenon of "the rich get richer, the poor poorer" is becoming more pronounced worldwide with the world being divided into capitalist countries getting richer and the developing countries poorer. The reactionary nature and injustice of the imperialists' "globalization" strategy have been proved by realities.
    The developing countries should buckle down with a zeal to working out a correct strategy to cope with the imperialists' "globalization" scheme negated by history. The main channel to knock the bottom out of this scheme is for each country to apply the principle of independence in keeping with its specific conditions and thereby defend and develop the Juche character and national identity in politics, economy, culture and all other areas and build an independent society, a new world based on independence.
    One of the important matters for the developing countries to free themselves from the clutches of the imperialists' "globalization" strategy is to expand and develop south-south cooperation and economic relations on the principle of collective self-reliance and increase their own competitiveness.