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	<title>International Viewpoint - online socialist magazine</title>
	<link>https://internationalviewpoint.org/</link>
	<description>International Viewpoint, the monthly English-language magazine of the Fourth International, is a window to radical alternatives world-wide, carrying reports, analysis and debates from all corners of the globe. Correspondents in over 50 countries report on popular struggles, and the debates that are shaping the left of tomorrow.</description>
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		<title>What is to be Done with the Banks? Radical Proposals for Radical Changes</title>
		<link>https://internationalviewpoint.org/What-is-to-be-Done-with-the-Banks-Radical-Proposals-for-Radical-Changes</link>
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		<dc:date>2016-04-14T07:55:54Z</dc:date>
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		<dc:language>en</dc:language>
		<dc:creator> Alfredo Saad Filho, Benjamin Selwyn, Philippe Marli&#232;re, Sabri &#195;&#8211;nc&#252;, Alan Freeman, Andy Kilmister, David Harvey, &#201;ric Toussaint, Fran&#231;isco Lou&#231;&#227;, Gilbert Achcar , Giorgos Galanis, John Weeks, Michael Hudson, Michel Husson, &#214;zlem Onaran, Patrick Saurin, Peter Green, Pritam Singh,, Stathis Kouvelakis, Stavros Tombazos, Susan Pashkoff, Thomas Marois</dc:creator>


		<dc:subject>Economy</dc:subject>
		<dc:subject>Debt</dc:subject>

		<description>&lt;p&gt;Nine years after the outbreak of the financial crisis that continues to produce damaging social effects through the austerity policies imposed on victim populations, it's time to take another look at the commitments that were made at that time by bankers, financiers, politicians and regulatory bodies. Those four players have failed fundamentally in the promises they made in the wake of the crisis &#8211; to moralise the banking system, separate commercial banks from investment banks, end exorbitant salaries and bonuses, and finally finance the real economy. We didn't believe those promises at the time, and for good reason. Instead of a moralising of the banking system, all we've had is a long list of misappropriations that have been brought to light by a series of bank failures, beginning with that of Lehman Brothers in 15 September, 2008.&lt;/p&gt;

-
&lt;a href="https://internationalviewpoint.org/-IV495-April-2016-" rel="directory"&gt;IV495 - April 2016&lt;/a&gt;

/ 
&lt;a href="https://internationalviewpoint.org/+-Economy-+" rel="tag"&gt;Economy&lt;/a&gt;, 
&lt;a href="https://internationalviewpoint.org/+-Debt-+" rel="tag"&gt;Debt&lt;/a&gt;

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