For Immediate End of Austerity Policy in Europe (tags)
The growth model forced in the past with redistribution from bottom to top and increasing export surpluses has failed. For years, the demands of the Alternative Economic Policy study group emphasized combating unemployment and poverty and, taming the financial markets.
"Politics prepared the ground for financial war" (tags)
The current economic crisis is a product of political mistakes, economic incompetence and criminal energy. Capitalism altogether has been a declaration of war. Politics bungled deregulation. The wisdom of the market never existed.
Financial War - How Banks and Bandits Endanger our Democracy (tags)
Political failure follows market failure. Participation in system criminality is without risk of prosecution. The financial crisis is not only a system failure. It was caused by human actions in the banking sector that are objectively punishable.
Spectacle of Irrationality (tags)
The bailout umbrella may establish a modern kind of feudal rule. The abdication of politics is one of the worst consequences of the financial crisis. Many politicians believe the market-radical nonsense that tax cuts finance themselves.