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Peter Mertens about the future of finance and the role of grass root movements

Peter Mertens, leader of the Workers’ Party of Belgium, believes the Eurozone debt crisis is pushing member states towards “a very large number of social conflicts.” Mertens told RT that Europe faces three alternatives – Saving the euro with “authoritarian measures by taking national sovereignty overnight to the European level”, Breaking up into “two, three or four Europes”, or
Adopting a socialist model, “where banking system is public, where energy system is public, where there is democracy.”
He believes Europe needs radical changes to its financial sector and that grass root movements , people’s demand is vital.

You can enjoy his interview here:

 

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The doorbell

A blog named “Powerline” has created a video contest, with the challenge of creating a 1 min. video depicting most effectively the meaning and consequences of the crisis’ drama. Here is the winning video. Enjoy! It;s really, really good!!

 

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Greek austerity measures could violate human rights, UN expert says

30 June 2011 – The United Nations independent expert on foreign debt and human rights warned today that the austerity measures and structural reforms proposed to solve Greece’s debt crisis may result in violations of the basic human rights of the country’s people, the Office of the High Commissioner for Human Rights (OHCHR) reported.

“The implementation of the second package of austerity measures and structural reforms, which includes a wholesale privatization of state-owned enterprises and assets, is likely to have a serious impact on basic social services and therefore the enjoyment of human rights by the Greek people, particularly the most vulnerable sectors of the population such as the poor, elderly, unemployed and persons with disabilities,” said Cephas Lumina, who reports to the UN Human Rights Council in Geneva.

For more go to: http://www.un.org/apps/news/story.asp?NewsID=38901&Cr=austerity&Cr1

 
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Posted by on October 18, 2011 in The role of governments

 

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