Confidence crisis: discontent in Europe
"There is a disbelief in the political structures that are in place because they don’t represent the real needs of the population."
Sol Trumbo, project coordinator at the Transnational Institute (TNI) has been involved in the Indignados and Occupy movements. He denounces the crisis management by governments, claiming that “there is a disbelief in the political structures that are in place because they don’t represent the real needs of the population."
watch the interview on Euronews.
Sols contribution is based on TNI's analysis about the European crisis:
- The crisis has been used to implement a neoliberal agenda of austerity.
- The actions of the political structures, national and European, have been the privatization of public services and dismantlement of welfare state.
- The European Commission and the European Central Bank are undemocratic and unaccountable.
- The roots of the crisis (unregulated finance sector and bail outs to banks) have not been addressed by the European institutions, promoting austerity instead.
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