From the excellent Casino Crash, Praful Bidwai journalist and TNI fellow, argues that the recent crisis has led to an unprecedented crisis and delegitimation of the Anglo-Saxon neoliberal model, dominated by finance capital. The resulting policy debate must include radical demands for structural changes in the global financial system, including strict public regulation, controls on capital mobility, coordinated monetary policies, and a plan to restructure banking along equitable and accountable lines as part of an economic reconstruction programme.
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