On March 16th and 17th last year the Philippine armed forces dropped bombs containing illegal and toxic white phosphorus on towns in Abra province. The pasturelands and communal forests of farmers and indigenous peoples were burnt, and daily activities ground to a halt as widespread fear set in among the population.

Ten years since financial markets crashed in the United States, the world economy is anything but near so-called “recovery.” Ever more urgent is the need for people’s sovereignty, which could be a key principle in orienting economic and development policy especially in the global South today.