Are you actually thinking through what you\’re saying here or are you on autorant?
This is yet another disgrace for the country\’s governing elites. The new revelation of corruption comes after the exposure of the deception of the Iraq war, fraud in parliament and the police, the criminality of a media mafia and the devastating failure of the banks four years ago. It could of course have happened only in a private-dominated financial sector, and makes a nonsense of the bankrupt free-market ideology that still holds sway in public life.
Bankrupt free market ideology led to Iraq, fraud in parliament and the police and media criminality?
Only if the largest banks are broken up, the part-nationalised outfits turned into genuine public investment banks, and new socially owned and regional banks encouraged can finance be made to work for society, rather than the other way round. Private sector banking has spectacularly failed – and we need a democratic public solution.
That\’s nice. So you want to move to the Spanish banking system, is that it?
You have seen what is happening to the Spanish banking system? Where having the local politicians determine the lending policies has turned out to be even worse than the bankrupt free market ideology?
And, if the parliamentarians are all corrupt, as you say they are, is putting them in charge of finance as well really all that good an idea?