The Lima Declaration: How they sold Australia

The Lima Declaration: The Beginning of Deindustrialisation in the West?

In 1975, representatives from 86 countries gathered in Lima, Peru, for a United Nations conference that would shape global economic policy for decades. The result was the Lima Declaration, a document aimed at promoting industrial development in developing countries to help close the global economic gap. But some critics argue it marked the beginning of deliberate deindustrialisation in the West.

The declaration encouraged developed nations to shift a significant portion of their manufacturing capacity to developing countries. This was framed as a form of economic justice — enabling poorer nations to build their industrial base, reduce poverty, and integrate into the global economy. However, over time, many Western nations saw a decline in their own manufacturing sectors, leading to job losses, hollowed-out industries, and economic dependence on imports.

Supporters of the Lima Declaration viewed it as a necessary step toward global equity and cooperation. But detractors claim it served corporate interests, allowing companies to exploit cheap labor abroad while weakening national self-sufficiency at home. Some even argue it laid the groundwork for the modern globalist agenda — prioritizing international integration over domestic stability.

Nearly 50 years later, the effects of the Lima Declaration are still debated. Was it a visionary step toward a fairer global economy — or a calculated move that began the erosion of Western industry under the guise of progress?

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