Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-414-750"
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"en.20111025.25.2-414-750"2
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"The economic and financial crisis that the world is experiencing is a profound crisis of capitalism which clearly shows the contradictions of a system that sacrifices natural resources and the human workforce in favour of the increasing accumulation of profits. Social injustice and imbalances in the redistribution of wealth are both cause and consequence of years of neoliberal policies, in which class is a marked factor, always on the side of those with the most money and power, against those who work for a living. This report never questions these assumptions. Rather, the solution that it proposes is a framework of ‘governance’ based on the same supranational institutions, without any democratic legitimacy, that have embodied the essence of the neoliberal offensive unleashed on the people and their sovereignty.
The formalisation of the G8/G20, and the strengthening of the role of the International Monetary Fund and the World Trade Organisation are part of a series of measures to help impose neoliberal economic orientations. These orientations also include the so-called recapitalisation of the banks, following the same path that we are already treading. This crisis can only be resolved if there is a break with the current system, and if it is replaced by one that respects democracy, strengthens social and labour rights, and encourages cooperation based on social progress."@en1
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