Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-251-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20121026.23.5-251-000"2
lpv:hasSubsequent	lp_eu:2012-10-26-Speech-5-252-0002
lpv:speaker	lp:João Ferreira2
lpv:spokenAs	member; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2009-09-16--2013-02-03)3 unknown; Partido Comunista Português (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the countries of the Andean Community (2009-09-16--2014-06-30)3 vice-chair; EUL/NGL (2012-02-07--2014-06-30)3 member; PECH (2012-01-19--2014-06-30)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; ENVI (2012-01-19--2014-06-30)3 substitute; BUDG (2012-01-19--2014-06-30)3
lpv:translated text	". With this proposal for a directive, the European Parliament is endorsing another retreat in the face of political forces committed to the system, and is refusing to tackle the essential issue: the existence of these markets and their instruments. Contrary to what this report would have us believe, it is not merely the current functioning of the markets that generates instability and financial and economic crisis. The problem stems from their existence, which does not meet any objective need for the healthy functioning of economies or the satisfaction of human needs or aspirations, which is what the objective of the economy should naturally be. As we stated in relation to the regulation put to the vote along with this directive, the ‘financialisation’ of the economy and the way in which it holds productive activity hostage remain taboo, that is, the ‘financialisation’ of the economy, with the development of processes that have no resulting or corresponding productive activity, with all the risks that that entails."@en1

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