Learning Paths » 5B Interacting

LSoardo - The Guardian - Comment
by LSoardo - (2012-09-26)
Up to  5B - The Crisis of CapitalismUp to task document list


Lsoardo -
Extract of the guardian



Rccardo
Bellofiore wants to say through his article the crisis is and itly has lots of
limits:



-We have a
single currency that isn't backed by political sovereignty.



-Central
bank that doesn't act as lender of last resort.



The crisis
hit every parts of Europe but Italy suffers more because economy has been
falling down and it will decrease.



Capitalists
replies industrial sectors are dissapered and the technology is imported.In the
end this crisis is



Growing  also because policies have brought a decline
of labour productivity.