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Ninety-nine percent of us live on the wrong side of a one-way mirror
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What is happening in Greece is typical of what I call a new war. Dramatic cuts in public spending weaken state capacity and further erode trust and legitimacy, providing a space for a combination of criminality and extremist politics. Such a combination is self-reproducing, since those involved profit from disorder. It is thus very difficult to end or to contain and a new type of predatory political economy that knows no formal borders comes into being. Via Willy De Backer
Willy De Backer's curator insight,
March 18, 3:50 PM
Excellent analysis of the European Union's crisis of democracy by Mary Kaldor in Open Democracy Delete the scoop?
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As some of the world’s top central bankers start to admit that standard quantitative easing is failing to generate growth, previously taboo ideas can be mentioned, including QE for the People, discussed here last week.
Interesting and provocative ideas from financial economist Anatole Kaletsky (author of "Capitalism 4.0"). Give the new money created by central banks to the people instead of the banksters. Via Willy De Backer Delete the scoop?
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