A few chapters of this bilingual book, newly launched at the Federação Empresarial de Portugal, presented by its President Antonio Saraiva, with foreword by the President of the Auditing Court of Portugal, Guilherme d’Oliveira Martins.
It was edited by our author Jack Soifer, supported by co-authors Francisco B.Weinholtz, John Wolf, Stefan de Vylder, Luis Silva, Armindo Palma, Henrique Neto and Viriato Soromenho-Marques.
In “Part 1” we wrote about the political parties using Euro from the lobby to finance their election campaigns and thus representing it, not the electors. In Part 2 we wrote about their use of the media, social net-works, mobile phones and much clutter to occupy the mind of the citizen and focus it on the interests of the powerful. This makes people work as slaves without thinking.
In Part 3 we wrote that in the 18th century the laissez-faire, laissez-passez brought the “everything goes” except killing. In Part 4 we told about the difference between the practices of different democratic concepts after the Industrial Revolution, where in Europe the focus was in Equality and Solidarity while in the US was “what matters are practical results”.
In Part 5 we wrote about changing values from production to a mad misuse of resources, financial gambling and lack of moral, which brought the Great Depression, deep, long & world-wide. When Krueger committed suicide, recognizing the error of speculation on stock exchanges, the theory of the self-regulating market died with him.
In Part 6 we wrote about the WW 2 and the many innovations then used to feed de human and material needs in the front. The huge governmental budgets boosted production and economy.
In Part 7 we wrote about earlier forbidden promiscuity between banks and large firms, which turned into praxis in the 90's. Thus large cartels of a few companies in the UK, Germany, France, Italy or Holland and sometimes Spain, countries that dominate the corridors of the EU, bought small, more efficient competitors. Also that some invested in drugs.
The EU may enter a very serious problem in coming years, as extreme left and right parties and movements go to the streets, as they are not heard. In Sweden, the government which take seat in October decided it cannot rule and chose to have new elections in March. Jack Soifer said in the popular TV-show PRÓS e CONTRAS, in March, 1st, 2010, that the European “RE-volution, as an E-volution was not expected, would start in Athens, then Milan, then London-Paris or Paris-London, reaching Madrid in 2014 or 15.
The only hope is perhaps Greece and Portugal, among the GIIPS, having a toxic blend of lack of liquidity and competitiveness, leaving the EU. The worst case scenario is the EMU (€) survives, but "the crisis of Europe is not ape on the economic and social. We see increasing contempt for politicians and as the xenophobic parties grow in the wake of the crisis. What was a peace project increased the contradictions, within and between countries. Support for the good of the EU, the common market has been replaced by egoism and protectionism ".
Mark Blyth wrote "you can not run a gold standard in a democracy. The EMU is nothing more than another gold standard, with greater differences in levels of economic development and international competitiveness between countries than between members the old gold standard. Sooner or later, the EMU or political democracy will fall”.
Do we need a new 1968 student uproar?