Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-257-500"

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.20121026.23.5-257-500"2
lpv:hasSubsequent	lp_eu:2012-10-26-Speech-5-258-0002
lpv:speaker	lp:Inês Cristina Zuber2
lpv:spokenAs	substitute; Delegation for relations with the Mercosur countries (2012-03-05--2014-06-30)3 vice-chair; Delegation for relations with the countries of Central America (2012-03-19--2014-06-30)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2012-03-12--2014-06-30)3 substitute; CULT (2012-01-19--2014-06-30)3 substitute; ITRE (2012-01-19--2014-06-30)3 vice-chair; EMPL (2012-01-25--2014-06-30)3 unknown; Partido Comunista Português (2012-01-18--2014-06-30)3 member; FEMM (2012-01-19--2014-06-30)3 member; EUL/NGL (2012-01-18--2014-06-30)3
lpv:translated text	". This proposal, backed by the majority of the European Parliament, constitutes another retreat in the face of political forces committed to the system, and refuses to tackle the essential issue in this area: the existence of these markets and their instruments. Contrary to what this report would have us believe, it is not merely the functioning of the markets that generates instability and financial and economic crisis. The greatest threat 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. The ‘financialisation’ of the economy and the way in which it holds productive activity hostage remain taboo. The ‘financialisation’ of the economy, with the development of processes that have no resulting or corresponding productive activity, is a central part of the development strategy of the European Union, always seeking to achieve profit for the large economic and financial groups that the production of real goods and services could not, and cannot, achieve. Part of this strategy is this instrument, which is inseparable from the existence of tax havens, the increasing contraction of public spending and investment, and the privatisation and liberalisation of public services and businesses essential to economic and social development."@en1

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