Link1 The web version of the Manifesto.
Link2 for the pdf file of the Manifesto
Link3 Kho Mu-Jeong is one of the participators Who signed the manifesto.
RISE AND DEBT IN EUROPE: 10 FALSE EVIDENCE, 22 MEASURES FOR DEBATE BREAKING THE DEADLOCK
Introduction
The global economic recovery, permitted by a massive injection of public spending into the economy (the United States to China), is fragile but real. One
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False evidence 1:
financial markets are efficient
Today, one fact applies to all observers: the crucial role of financial markets in the functioning of the economy. This is the result of
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False evidence 2:
financial markets are favorable to economic growth
Financial integration has brought the power of finance to its zenith in that it unifies and centralizes capitalist property globally. Now she's
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False evidence 3:
markets are good judges of the solvency of states
According to proponents of efficient capital markets, market participants would take into account the objective situation of public finances to assess the risk of
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False evidence 4:
The surge in public debt caused by excessive spending
Michel Pébereau, one of the "godfathers" of the French bank, described in 2005 in one of these ad hoc official reports, a France stifled by debt and
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False evidence 5: We must cut spending to reduce debt
Although the increase in public debt was partly the result of an increase in public spending, cut these expenses do not necessarily contribute to the solution. Because
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False evidence 6:
Public debt defers the price of our excesses on our grandchildren
There is another fallacious statement that confuses household economics and macroeconomics, the one that the public debt would be a transfer of wealth to the detriment of Ge
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False evidence # 7:
We must reassure the financial markets to finance the public debt
Globally, the rise of public debt must be analyzed in correlation with financialization. During the last thirty years, thanks to the total libé
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False evidence 8:
The European Union defends the European social model
European construction appears as an ambiguous experience. Two visions of Europe coexist, without daring to compete openly. For the Social Democrats of Europe
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False evidence 9:
The euro is a shield against the crisis
The euro should be a protective factor against the global financial crisis. After all, the removal of any uncertainty on exchange rates between European currencies
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False evidence 10:
The Greek crisis has finally allowed to move towards an economic government and a real European solidarity
From mid-2009, the financial markets began to speculate on the debts of European countries. Overall, soaring debts and deficits on the f
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CONCLUSION
To debate economic policy, trace paths to rebuild EU
Europe has been built for three decades on a technocratic basis excluding the populations of the Economic Policy debate. The neoliberal doctrine, which rests on the
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