Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-226-000"

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"en.20111024.20.1-226-000"2
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"Madam President, the fundamental issue that both the report and this debate have avoided is knowing what, in the end, are the causes of the so-called global imbalances; the real causes of the global economic and financial crisis. Moreover, it is no coincidence that they are avoiding this debate: their intention often seems to be to push ahead and strengthen the paths that have brought us here. There is therefore an urgent need to disregard the real causes of the crisis if the same road of iniquity, injustice, and economic and social disaster is to be pursued. Make no mistake, the crisis we are experiencing is a crisis of capitalism, which forms the basis of a broadly dominant economic system at global level. As such, the solution to this crisis will not come from the international institutions, whose purpose is to ensure the conditions for expansion of capitalist relations of production, riding roughshod over the sovereignty of the peoples and over democracy itself, so as to force capitalist accumulation by repressing or crushing rights and the aspects of civilisation we have achieved. The International Monetary Fund, the World Trade Organisation, the free movement of capital, and trade liberalisation and deregulation are actors and settings in a film that we have already seen, and whose plot and ending we, tragically, know all too well. The solution to the imbalances, which I would call global injustices, is to break with this path; and to break with these institutions whose records have already shown that they are neither good people, nor recommendable company."@en1
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