|ETUC ACTION SITES 14 NOV 2012|
The paper system does need overhauling from time to time, needs a shakedown, modernising and reshaping, so as to go forward in better health. But the world does not need austerity designed to steal more from the poor and give it to the already rich; or payday loans at 3,500% APR. The reverse is required. As the Real-Economy becomes ever more automated; as necessity jobs disappear and are given to machines to do; the fantastic, unparalleled wealth of the world economy has to be fairly distributed. The governors have to govern intelligently – the banks and corporations have to invest hugely in infrastructure and 21st century new industry (which will be automated with few factory jobs) – and the rich capitalists have to come out of comfortable early retirement and risk investing.
Otherwise – they (and probably many of us ordinary folk) will all follow Marie-Antoinette to the scaffold. Even her position, youth, beauty and her innocence of worldly matters did not melt the hearts of the hungry, cheated, angry mob.
If you are currently in charge of the money-economy, you are strongly advised not to whine “But there’s no money – the nation is in debt – you must all suffer more”. Do say, “We are globally repatriating $21 trillion from tax-havens to repair all deficits and are globally investing another $50 trillion into the future of mankind and this wonderful planet”
For your own and for all our sakes …Get on with it!
GLOBAL ECONOMY - BLOG ARCHIVE