Call to action : Regulate Global Finance Now! SIGN UP NOW!!!
The global financial crisis is spilling over into our lives, threatening jobs, savings, pensions and public services everywhere!
Today's crisis isn't just another economic downturn – it's a systemic crisis bursting across the globe: a crisis of unregulated financial markets driven by neoliberal ideology that have sold out long-term investment, jobs, wages, the environment and the general well-being of the planet and its people for the benefit of a few.
It's time for citizens around Europe to raise our voices and demand that the fundamental causes of this crisis be addressed!
We need tough rules to stop the financiers' folly, and a new framework that better serves the public interest. Equality, social justice and solidarity should be considered as our core global values.
It's urgent that we increase the level of democracy, transparency and accountability of the institutions dealing with financial regulation and supervision.
Our vision of the financial system we want is clear: we want to create well-functioning and efficient financial markets that are capable of providing long-term, green, job-creating investments to achieve global development.
To European leaders :
Finance must become a global public good, and should be designed to serve the real economy! Both in Europe and globally we need more than just new regulations – we have to put the financial system at the service of people’s interests.
We urge you to take the lead in fixing the fundamental flaws and loopholes which made the global financial crisis possible in the first place.
We need you to work together to protect the public good by framing stronger rules for all parts of the global financial system.
We expect you to be accountable to the people in solving the crisis. The time for self-regulation is over.