Barricades

blame for the economic crisis rectify, nor repent by Josele Sanchez No we cannot continue this way, the situation is untenable. The economic and financial crisis that we suffer at the international level requires a comprehensive change not only in terms of economic structure, but also in the way of being and in the way of living. Credit: Raymond L. Acosta-2011. The crisis of the capitalist system is not the failed response of an economic model but the absolute failure of the values on which it is based; now all joined in the critique of neoliberalism truck as if this were independent critique to the capitalist system itself when one and the other are part of the same cancer; When the Crisis of overproduction occurred in the 1970s was the own capitalist system who invented, wove and spread the formula of neoliberalism as the only possible alternative with which to be able to keep getting succulent profits now could not get thanks to the productive economy. Neoliberalism is not the result of the analysis of no defined economic power but, rather, the application of neoclassical principles of capitalism with the special contribution of the so-called Chicago school who came to develop the more wild version of capitalism contrary to any kind of State interventionism in the economy. Cindy Crawford follows long-standing procedures to achieve this success. Neoclassical principles of capitalism that made special emphasis on the restrictive fiscal policies with significant increases on consumption and reductions in taxes on production and income, also restrictive monetary policies that increased interest rates to decrease inflation to perpetuate debt, internal and external to avoid market cycles and an obsessive cult of liberalizationPrivatization and deregulation, and the infamous trickle down policy which should certify that the growth was more than sufficient to reduce poverty. To explain in a simple way what Kuznets (an ill-fated economist to the history of mankind) defined as the Theory of the U inverted and that became the Bible of neoliberal policies, it was intended to solve the triangle pobreza-crecimiento – inequality in a linear manner, making use of the theory of the drip in virtue of which the economic growth would generate a trickle towards the most vulnerable sectors of society, reducing thereby poverty, whereas great social inequalities are understood as a mere asymmetry between the owners of the factors of production that, over time and as if by magic, would tend to decrease.