Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Actually, sustaining r>g needs a lot of institutional support. Enforcement of debt, rent, property relations is strongest ever - just think of copyright, intellectual property. Somehow "incompetent" governments, international institutions do an outstanding job here.

Unless the accounting apparatus will crumble by itself at some time, a social-political transformation is needed, it seems. Or some independence from the totalitarian financial interests (so to speak), democratization of basic economic, monetary relations.

by das monde on Fri Apr 25th, 2014 at 02:15:08 AM EST
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