[pp.int.general] Tyrant banks, walk the plank!

[Justus Römeth]

I would like for capitalism to be applied to banks in general too (ie no
socialization of their losses), so there have to be mechanisms that make
sure that banks do not get so relevant as that the system depends on them
(ie no monopoly situation, not networking that one bank's failing takes all
the other banks with them, maybe through a mandatory insurance in the
banking sector). Also, I think we need a stakeholder approach to how
companies are run, as opposed to a pure shareholder one. And shareholders
should be in it for the long run, ie they should not be able to buy a
company, maximise the profits while destroying said company, and then move
on.

Now this should actually make capitalism stronger, in the sense that this
will enable more smaller players within our economic system that are
competing against each other, the way I envision it.

On Wed, May 16, 2012 at 6:33 PM, Philip Hunt <cabalamat at gmail.com> wrote:

> On 16 May 2012 17:10, Richard Stallman <rms at gnu.org> wrote:
> > The biggest political issue in much of Europe today is the austerity
> > death spiral, aka shock capitalism.
> >
> > That problem is not occurring in Germany, so the Pirate Party can get
> > votes there without talking about that issue.
>
> In the short term, yes. In the long term, I think if Pirates are
> silent on what is a very important issue, the public won't take us
> seriously.
>
> PP-UK did a policy review last year, and these policies on banks were
> proposed, which people may find useful:
>
> <
> http://www.reddit.com/r/Policy2011/comments/lhggz/allow_bad_banks_to_fail_bail_out_the_banks/
> >
> <http://www.reddit.com/r/Policy2011/comments/lg35m/no_more_bank_bailouts/>
>
> > However, a party in
> > Spain, Italy, or Greece which doesn't give that issue an important
> > place is not addressing the people's concerns.  The coming Greek
> > election will be, in effect, a referendum on this.
> >
> > I therefore propose that the Pirate Movement take a stand: Tyrant
> > banks, walk the plank!
>
> We should also propose a vision of what we want to replace them with.
>
> --
> Phil Hunt, <cabalamat at gmail.com>
> ____________________________________________________
> Pirate Parties International - General Talk
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>
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