 Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people. |
| There is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations. |
| The EU will face problems similar to the US: an increasing gap between the citizens and decision makers in Brussels and a perceived or even real lack of democracy. |
| Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way. |
| So, there is enormous instability in the global economy with a shift of winners and losers. |
| Money is not wealth. Money is a claim on wealth. |
| My claim is that we do not have a market economy, but a capitalist economy. |
| There are actually very few US politicians who have integrity and vision. |
| In a world of increasing inequality, the legitimacy of institutions that give precedence to the property rights of "the Haves" over the human rights of "the Have Nots" is inevitably called into serious question. |
| It will take some time before a politician will capture the imagination of the American people and have the vision and understanding to do what is necessary for a better future for the people of America and the world. |
| Global competition is about winners and losers. |
| If you look at the US economy over the last 15-20 years wages have been stagnating or even declining. |
| Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy. |
