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Mostrando postagens de Outubro, 2008

Who is worried about who?

The recent financial crisis in world markets called my attention to an issue that needs to be considered as one of the greatest weaknesses of our time.
It is what I call the (non) ethic of capitalism. At a time when the world and churches are working in find ways to support the fight against inequalities, is so sad to see leaders around the world find money to save financial institutions with an incredible amount of trillions of dollars. Certainly no one is interested in the break of the financial system with all consequences directly linked with people’s life. We are not interest in improve the poverty of billions of workers around the world.However, the basic question is: how is it possible governments have so much money to help the financial machine, exactly when the system affirms that States are becoming so reduced in economic power? Especially, after de breakdown of the socialism, the majority of thinkers affirmed strongly that there would be no more government intervention in th…