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financial markets, disarm

7 principles to free our societies from the domination of financial markets

Since 2007, a global crisis is shaking the world’s economy and the EU is at the center of it. Its economic policies are exacerbating the social, economic and ecological crisis, putting democracy at danger.

The European Central Bank (ECB) and the Euro are the symbols of these policies, which are handing the keys of the economy to private banks and financialmarkets under the pretext of a so-called public debt crisis.

At the same time, the Troika (the European Commission, the ECB and the IMF) and the governments of the EU are tearing apart social welfare and imposing destructive austerity measures, making people pay for debts for which they are not responsible. The neoliberal model of European integration has worsened the gap between core and periphery countries and widened existing inequalities both in and outside of Europe by encouraging social, environmental and fiscal dumping.