The EU will face problems similar to the US: an increasing gap between the citizens and decision makers in Brussels and a perceived or even real lack of democracy.
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Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.
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Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people.
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In the US, most progressives start to see the differences between internationalism and economic globalization.
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But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living.
David Korten
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