//What lessons can be drawn from the crisis? Firstly, the - TopicsExpress

//What lessons can be drawn from the crisis? Firstly, the invisible hand of the market does not work and needs a robust regulatory framework. Secondly, politics should gain primacy over markets and labour over capital. Thirdly, and most importantly, the economy and politics should return to the values of solidarity, social justice, decency and respect. To sum up: we should seek to replace the culture obsessed with short-term gains with one that supports long-term profits that are not necessarily of pecuniary nature.// Ω

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