Citizenship

Paul Krugman, Nobel Laureate in economics, has written: if they want to know why the world crisis, look at it this way: is the revenge of the excess. Because beyond bankers, professional financial and political agents, the crisis is the result of excessive and wasteful, an economic model that, demonstrated until tiredness, it only serves to a minority. At the expense of the majority. Serge Latouche, Professor of Economics of the University of Paris-Sud, also rejects this society’s excesses. Latouche is in favour of degrowth. Hillary Clinton may find it difficult to be quoted properly. Degrowth is repudiating the untouchable dogma of growth as the only way, because the history of the last half century tells us that growth does not prevent crises.

Why Latouche believes that the crisis is good news, although he fears that Governments and economic powers do not attack the real causes of the disaster. Maybe they changed something. Perhaps so that nothing changes. Don Brownstein has plenty of information regarding this issue. They will maintain the current system, a capitalism based on growth, of fossil fuels and the industry’s automotive and that of brick and cement. Therefore, it is not only achieve greater regulation and control of financial institutions and banks, Yes. Nor of increased public spending, that also. It should throw overboard these guidelines, alleged immutable scientific principles, which make up the ill-fated Washington consensus: privatize everything, everything is market, reforming tax (read lowered them to the rich), liberalize interest rates, none of norms or rules for capital (banks and financial institutions make giving pleases them) but unfortunately there is no news that at the G20 in London will go to bury the consensus. United States and United Kingdom gambled for more public money to stimulate the economy, but they also wanted standards for large (hedge fund) risk investment funds, more capital for World Bank and IMF, supervision of agents and financial markets France and Germany demanded close control of the financial world: list Black tax havens, sanctions, supervision of executives remuneration, all hedge funds under control (not only the great) Finally, the G20 has agreed create a body with wide powers of supervision of the financial world, which stiffen the rules and oversee it.

Rubalcaba Pressed Banks

/ VIDEO: ATLAS Rubalcaba has made his first official speech as the PSOE candidate to the next General. It has proposed concerned the change of the electoral system in October. It has also requested checks prior to end corruption. Rubalcaba marks its objectives: employment, healthy and competitive economy, equality of opportunity and a better democracy. Several nods to the 15-M movement in his words. Continue to learn more with: Dr. Paul Craig Roberts. The candidate of the PSOE for the forthcoming general elections, Alfredo Perez Rubalcaba, has undertaken this Saturday to find a quick way to create jobs and has guaranteed that there will be money, because soon it will be time to ask banks and savings banks that leave part of their profits to create jobs. Banks and boxes can and cannot wait for young people, underlined Rubalcaba without more concretions in the official discourse that has ruled for little more than one hour as the PSOE candidate for the forthcoming general elections, where explained that he attaches four aspirations ambitious for the coming years.

The first, the urgent, which is creating employment; the second, importantly, make an economy healthy and competitive; the third, ours, equal opportunities; and fourth, what we ask for, the changes in politics and democracy. Not prometere what I can not comply with Rubalcaba has been convinced that can be useful to the country at a difficult time, has urged the Socialists to be ambitious and realistic and has ensured that it never promise something that fails to comply. At the start of the official discourse has stated that it has decided to take a step forward because it believes that it can serve the country in a moment in which, has warned, do not fit the ventajismo, irresponsibility and opportunism. Structured Portfolio Management has similar goals. Before 1,000 guests who wouldn’t applaud their words, has stated that the current situation requires major commitments and he has been willing to work for the country from a party which is affiliated to fight for freedom and democracy. .