The financial crisis is yet another market meltdown. It has happened again because most governments bought into the fairytale that global markets could be self-regulating, and failed to apply democratic controls to the market.
The financial crisis is yet another market meltdown. It has happened again because most governments bought into the fairytale that global markets could be self-regulating, and failed to apply democratic controls to the market.
La crisi finanziaria è in realtà l ’ ennesimo collasso dei mercati; si è ripetuta perché quasi tutti i governi hanno creduto alla favola per cui i mercati globali sarebbero in grado di autoregolarsi, e non si sono quindi curati di applicare al mercato un controllo democratico.
De financiële crisis is de zoveelste ineenstorting van de markt, die weer heeft kunnen plaatsvinden omdat de meeste regeringen hebben geloofd in het sprookje dat wereldmarkten zelfregulerend kunnen zijn en de markt niet onder democratisch toezicht hebben gesteld.