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Last week on Catalan TV, there was an excellent interview with Ignacio Ramonet called "Els marcats, un poder sense societat" (The markets, a power without society). The interview is almost an hour long and packed full of chilling and insightful analysis of what is going wrong, some suggestions of how to fix it, and some disturbing predictions about how it will go it the people don't rise to the challenge. I highly recommend it to anyone who can understand Spanish. It can be watched at the website of TV3 Catalunya:

http://www.tv3.cat/...

Don't worry about the Catalan introduction, the interview settles down in Spanish after a few minutes.

The central message of his interview is that democratic governments are being made irrelevant because of their lack of will to confront the power of the financial sector. Largely this is due to an overwhelming belief that austerity is the way to "fix" things, but he paints a darker picture. He talks of how Mario Draghi, in an interview with the Wall Street Journal, speaking with a cool and detached frankness as a representative of neo-liberal ideology, expressly said there are two objectives of the international financial system:

1. The welfare state is dead and must be dismantled, transferring all services provided thereby into the private sector. Any government which does not implement the phasing-out of all social programs will be immediately and repeatedly attacked by the markets until it is beaten into submission.

2. The power of the sovereign state is to be diluted to a point of irrelevance. This will be accomplished by the following mechanism: if any government fails to adhere to the 3% budget deficit limit, a committee of financial managers will be sent in to take the reigns of government and see to it that what needs to be done gets done. This is precisely what has been done in Greece and Italy, and what Rajoy is threatening to do with the semi-autonomous regions of Spain.

His then posits the question: What is a government which is incapable of controlling its own finances?  His answer: a simple protection force of the financial masters. The interviewer then asks, what do they want? Do they want to reduce us all to a state of near slave labor, like in China? Ramonet's answer: they simply suffer from a political/social myopia because societies put up with it and put up with it and put up with it as they squeeze more and more blood from the turnip...

Until the moment comes when the people simply won't take it anymore, and that moment is here... now.

Note that the interview was made before the elections of this weekend.

Que gaudiu!

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Comment Preferences

  •  I hope someone will provide subtitles and youtube (2+ / 0-)
    Recommended by:
    bronte17, Ojibwa

    this.

    “The first principle [in science] is that you must not fool yourself, and you are the easiest person to fool.” Richard Feynman

    by the fan man on Mon May 07, 2012 at 12:07:52 PM PDT

  •  worth a view (4+ / 0-)
    Recommended by:
    basquebob, tardis10, grover, Ojibwa

    I will try to watch more tonight.  The short film that kicks off the interview, produced by a member of Spain's "lost generation," is great:  "We were led to believe that we were the best prepared generation ever ... all we needed to do was blow out the candles each year, wish for anything, study a lot, get a degree, be honest ...  We took heed.  We blew out the candles each year, wished for anything, studied a lot, earned degrees, and were honest, and the outcome was a mountain of shit ... we were taught that tricking people, robbing and lying would not bring anything good ... it was shit, because there's a class of frauds and liars to whom nothing bad ever happens."

    A terrible beauty is born. --W.B. Yeats

    by eightlivesleft on Mon May 07, 2012 at 12:47:20 PM PDT

  •  This would be even more valuable (2+ / 0-)
    Recommended by:
    the fan man, Ojibwa

    if you could include quotes (translated) from the interview after each of the summaries.  Also, who is Ignacio Ramonet?

    The spirit of liberty is the spirit which is not too sure that it is right. -- Judge Learned Hand, May 21, 1944

    by ybruti on Mon May 07, 2012 at 01:35:11 PM PDT

    •  who is Ignacio Ramonet? (2+ / 0-)
      Recommended by:
      Ojibwa, ybruti
      Ignacio Ramonet is a specialist on geopolitics, economics and the history of culture and a professor of communication theory at the University Denis Diderot in Paris. He is the long-time editor of the French leftist magazine, Le Monde Diplomatique, one of the founders of ATTAC international and a key player in organizing the first World Social Forum in Porto Alegre. ATTAC began in France in 1998 and has since grown to an international organization of approximately 65,000 members. It proposes a reform tax (the Tobin Tax) of between 0.1% to 0.5% of currency transactions in order to dampen currency speculation and as a way of raising revenues to address global poverty.
      http://subsol.c3.hu/...

      Also (of course) there's wiki: http://en.wikipedia.org/...

      © grover


      So if you get hit by a bus tonight, would you be satisfied with how you spent today, your last day on earth? Live like tomorrow is never guaranteed, because it's not. -- Me.

      by grover on Mon May 07, 2012 at 04:31:05 PM PDT

      [ Parent ]

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