A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
Una útil guía de bolsillo que explica cómo la crisis de Wall Street se vio agravada por las políticas de la UE y cómo ha enriquecido al 1% de la población en detrimento del 99%, y apunta a posibles soluciones que priorizan a las personas y el medio ambiente por encima de los beneficios empresariales.
La crisis europea es señal evidente de que hay que librarse de la camisa de fuerza económica impuesta por el Tratado de Lisboa, el Banco Central Europeo y el poderoso sector financiero.
The ruthless austerity programmes imposed on Greece and the endless cycle of debt renegotiations will only come to a close when Athens takes charge of its predicament and announces a democratic and sovereign cessation of payments.
The financial sector through the Euro crisis hopes to further extract wealth from public sectors, driven by its goal to commodify the whole economy and nature itself.
2011 witnessed the implementation of some of the most comprehensive undemocratic structural changes in the EU since the Lisbon Treaty. Alternative proposals for a progressive exit from the euro crisis are laid out here.
The Greek crisis has exposed the fundamental flaws in the Euro project: it stripped countries control over the price of money and allowed political elites to undermine Europe's post-war social contract.
Until the European Commission shows it has learnt the lessons of the 2008 financial crisis and demonstrates the political will to re-regulate the financial sector, it will be unable to resolve the crises in Greece, Ireland and Portugal
Three years since the outbreak of the global financial crisis, the banks are back making mega-profits while the burden has clearly shifted to citizens and workers. However civil society action at European level could still make a difference in reining in the financial sector.
