Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-414-875"

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"en.20111025.25.2-414-875"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 and wealth creation. In the EU, social injustice and imbalances in the redistribution of wealth are both cause and consequence of years of neoliberal and federalist policies, in which class is an extremely marked factor, always on the side of those with the most money and power, against those who work for a living. This report never calls this into question, and suggests as a solution ‘tools’ that do not just clear the way for reduced national sovereignty, but also legitimise and deepen the same old measures that have brought us to this pass; namely, the end of the unanimity principle, the strengthening of bodies with neoliberal positions, like the International Monetary Fund and the World Trade Organisation, and an EU-US agreement on recapitalising the banks. The crisis can only be resolved if there is a break with the current system, and if there are policies that respect democracy, strengthen social and labour rights and encourage cooperation based on social progress."@en1

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