The economic elites are turning to a neoliberal Keynesianism to save the crisis of capitalism, which is doomed to fail because it does not address its root causes.

Only if we tackle corporate power at the heart of the EU, do we have a chance to stop Austerity Europe.

The EU focus on fiscal deficit is completely mistaken. They are the result of the crisis, not the cause.

Despite the strong and growing resistance in Greece and other European countries to the direction of EU policy responses to the crisis, the process for this new treaty has unfolded with disquieting speed: initiated in November, an agreement was already reached by end of January among the EU25. This comes at the expense of stifling democratic debate and, indeed, shortcutting the normal consultative procedures in the treaty process through legal manoeuvres.

In a podcast debate, four activist researchers debate why the European Union is wedlocked to economic policies that will only worsen the crisis and further undermine democratic control of public budget.

Susan George appeared on the major French radio network France Inter to debate the financial crisis and regulation. Her most recent book "Their Crises, Our Solutions" has been published in French ("Leurs Crises, Nos Solutions"); the English version is due to be published in September.

"The banks are ours!" Public money was used to bail out the banks, and now they are lending back to the public at interest, while governments ignore the social and environmental crises that confront society. It is time to demand real solutions that will work not only for the sake of the economy but for the lives and conditions of people on whom it depends.