Tag Archives: banks

Confronting the EU “Oligarchy of Governments”. Joining Forces for Another Europe

By Tommaso Fattori In Europe we are living in particularly dramatic times. Democracy is in death-agony and we are witnessing post-democratic processes taking over at the national and supranational level. EU leaders have further concentrated decision-making power on public and fiscal policies in the hands of an oligarchy of governments, technocrats and the European Central Bank (ECB), which are subject

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Self-Financing that Works for the Poor

By Estrella Gutiérrez Arely Domínguez, right, and other members of El Guapo at the inauguration of the bankomunales exhibit. Credit: Estrella Gutiérrez/IPS CARACAS, Oct 2 2012 (IPS) – “We were used to losing, so a group of us said to ourselves: let’s lose something here,” said Carmen Caravallo, describing the start of a “bankomunal”, a self-managed microfinance fund based on

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