Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention, and I wouldn't underestimate the value of that. But they're not designed to take care of social needs.
I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs.
The world order needs a major overhaul.
As a society we can't live without moral considerations. We do have to protect the public good. And markets are not designed to do that, so we need a political process.
If the terrorists have the sympathy of people, it's much harder to find them. So we need people on our side, and that leads us to be responsible leaders of the world, show some concern with the problems.
Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge...
America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
This asymmetry in the treatment of lenders and borrowers is a major source of instability in the global capitalist system and it needs to be corrected,
So I think what needs to happen is he needs to be removed from power,