live a structural crisis of the capitalist system. It is time to believe in their rescue, but to work for processing. The American people have been forced more than once, to help the bankers at the expense of their suffering. It's time to change history and not repeat the bailout of the financiers. Our priority is the people's needs.
The economic crisis stems from the financial and that is ongoing in these days can last for long. Could not seriously, as long as it is and how to keep their development, but what can be said is that it is the most serious and deepest since 1929/30, which propagates at a rate much higher than that by having a highly aggregated.
must also say that the current financial and economic crisis occurs within a context of multiple other crises, such as food, the raw materials, energy, environment, and also a military crisis which is not ruled out the use of weapons of mass destruction.
The U.S. economy, because of his three debts (private, public and foreign) are at risk of severe instability. Economic hegemony is undermined and questioned. Geostrategic hegemony survives, although it has suffered significant setbacks. For the same reasons, the current moment is particularly dangerous for all mankind since the U.S. does not waive the unipolar hegemony and dominance in different fields. This country is trying to even maintain their ideological and cultural hegemony, which undoubtedly affected by the contradictions that arise from the same crisis, both internally and with partners.
Since the crisis will worsen the antagonistic contradiction with global capitalism. Opens an extended period of seizures and the results are open. The ruling classes attempted to reconstitute the system with higher levels of exploitation of workers, who need to strengthen their organizations to deal with that aggression. Latin America has been the continent with the greatest resistance to neoliberalism scenario also opposed major uprisings. The social and political experience gained in some of our countries can make a road in the articulation of the necessary response.
neoliberal governments and social liberals in our region, even the so-called "progressive", maintained his belief in the logic of capital and seek his intervention to preserve the functioning of the capitalist market and the dominance of transnational corporations that occupy our territories. Allow the collapse of a large company or other speculative or productive, but immediately intervene that may jeopardize the logic of capital in the area of \u200b\u200bthe country. That means they will allow and even promote the greed of profit required by the aforementioned capital. State's fiscal crisis will deepen reducing investment public social spending and subsidies.
These policies will increase even more unemployment, job insecurity, lower wages and pensions, thus increasing poverty, misery and social exclusion.
There are, however, governments in Latin America, without necessarily pose a complete break with the capitalist system, trying to find a policy to deal differently with the inevitable consequences of the global crisis in their countries.
In any of these circumstances, workers and social movements must win and preserve their independence from the states and fight against exclusion policies unpopular seeking to shift the costs of the crisis of capital to work and central to peripheral countries.
why we need to define a pattern of economic and social policies within a strategy of survival and resistance of the popular sectors, especially workers, to the difficult period ahead, accompanied by an ideological offensive against the capitalist system This crisis shows his utter inability to meet the needs of our people.
We propose this set of policy measures:
is urgent and indispensable custody of private banking, depending on each country can be in control, intervention, or nationalization without compensation, following the principle of nationalizing private debt or re-transfer those assets into private hands.
- Control and blocking the outflow of capital, preventing his escape.
- Centralization and exchange-control policy of multiple exchange rates and differentiated. Moratorium
- immediate audit of public debt, freeing up resources to meet social needs.
- control commodity prices.
- Maintenance and recovery of real wages of workers associated with a progressive tax policy affecting the capital and all speculation.
- protection policies and incentives to domestic and economic activities with high employment generation. To this end public investment plays a key role.
- Unemployment insurance and social protection policies to the unemployed and informal workers.
- Re-nationalization of strategic enterprises. Nationalization of large private companies in bankruptcy. Recovery of national control of natural resources.
- promote regional integration in the service of people, not capital. Such immediate measures are a response to the imposed social drama the crisis and initiate changes that to be fully realized, require advance towards socialism.
Save the people, not banks, that is the goal of Latin American Society of Political Economy and Critical Thinking address the crisis and its social consequences.
Signed in Buenos Aires, on the 23rd day of October 2008.
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