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Creative Destruction
Rudolf Hickel
The exodus from the casino capitalism producing ever faster and ever deeper crises cannot succeed without a broad and powerful democratic base. Parliamentary democracy is urged to finally take up the struggle around the primacy of politics against the financial markets. Financial markets have nothing to do with the idylle of market competition. Dethroning the financial markets means reducing the speculation businesses. Speculation shopping represents 80% of the world economy while their business models are not accessible to regulatory control.

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