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The Economic Fall
Ulrich Thielemann
The economy should be a part of life, not a steamroller crushing self-determination and creativity. Crisis and chance are represented by the same Chinese letter. The financial markets should be tamed, not soothed, shriveled not inflated. Finance capitalism makes the state into an errand boy of the banks (Bill Moyers). The state debt crisis is really a crisis of the myth of deregulation and of the myths of flexible labor markets, profit maximization and competitiveness. Stocks are often held for two seconds and no longer four years.

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