Is Capitalism Devouring Its Children? (tags)
The state was extorted by the banks. Bailing out the banks was regarded as without alternative..Rating agencies should become public institutions and system-relevant banks dismantled. Growth- and stability funds should be established as the credit-givers of last resort.
Attac's Bank Tribunal: The Jury's Verdict (tags)
This crisis did not break out over society like a force of nature. Financial managers spread the legend that financial crises belong to capitalism as water belongs to the ocean and that euphoric phases of bubble formation and the bursting of bubbles come and go like the seasons.
Finance Capitalism Devalues Labor (tags)
Businesses are capital investments in the hands of shareholders. Consequently managers only serve the interests of shareholders.
The Market Must Serve Society (tags)
In the past, the village green and market swuare were surrounded by the church, town hall, school and hospital. Without these social institutions, there would be no market. This is also true for today's global financial markets.
Welfare State in the Market Trap (tags)
"The crisis of the welfare state is a crisis in the heads of the economic and political elites. The welfare state is a political barrier against the marketing of human labor. The welfare state can be regained through democratic solidarity.. Today one farmer feeds 88 non-farmers."
Governing against the People (tags)
The dream of 1989 that democracy and capitalism can be reconciled fades.. Elected governments orient their decisions in trans-national groups and global finance markets.
Social Justice and Social Policy (tags)
We run the risk of making economic success absolute. However economicsuccess is a means to an end..Economic success is only legitimate when it improves the living conditions of citizens..The social foundations of democracy fade when poverty, unemploy-ment and social insecurity increase.