Jean Rhein on alternative economic theories

Jean Rhein in the Luxembourg daily Le Quotidien analyses alternative economic theories that could lead to a solution of the economic and financial crisis: "Let us try out something else! For example applying different economic and social theories that do not lead directly to unbridled liberalism. ... There are alternatives to the dominant economic models - and not only those of the globalisation critics. There are foreign economic theories which, while propagating casino capitalism, also adopt a sustainable attitude to material and human resources. ... There is Keynesianism, which unfortunately remains unknown to most key economic players. ... The time has come to say the truth: economic crises are part and parcel of the system of the global financial economy, and that industrial production necessarily goes through economic and structural cycles. ... The financial crisis teaches us that we must avoid reverting to a system that seeks profit regardless of economic reality. ... We have finally been forced to realise that there is a real economy."

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