Antidote to bullshit poisoning: ‘Real-World Economics’

On-line discussion reveals and debates the truth about what’s being done to us.

In the last few weeks there has been much concern and writing about legitimacy and democratic deficits in connection with the technocratic governments in Greece and Italy. The concern on the latter refers to the fact that the heads of these two governments and (all or most of) their ministers are not members of the respective elected parliaments. Nonetheless, the new governments and their programmes have been approved by the parliaments of the two countries.

The media concern about the democratic deficit is justified. However, it is a concern that should be extended far beyond the confines of the present governments of Greece and Italy.  I cannot see how the Berlusconi government can be considered to have had more legitimacy than the Monti government for two reasons. Berlusconi and his parliamentarians were elected on the back of a media controlled by Berlusconi and his family. To add to this problem, there has also been the stench of allegation by some opposition MPs about possible ‘money for votes’ in the Italian Parliament. Allegations denied by the parties involved.

Read the rest of Grazia Ietto-Gillies’s  comment and hundreds of other excellent blogs on Real-World Economicshttp://rwer.wordpress.com/, a discussion between professional economists and others which blows the lid on the enormous deception being perpetrated by the EU and its member state governments in order to impose so-called austerity on the people of Europe.

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