Financial Crisis

The crisis is not only financial

In the view of IADL the present crisis is not only a financial one. Its deep roots lie in the present economic system, characterized by growing inequalities among rich and poor. Another important negative factor is the neoliberal theory and practice, for sake of which most States destroyed every protection against the free circulation of capital and the invention of new and sophisticated financial instruments totally disconnected from the real production of goods and services.

Syndicate content