Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.

Our global economy is out of control and performing contrary to basic principles of market economics.

Money is not wealth. Money is a claim on wealth.

The proper goal of an economic democracy agenda is to replace the global suicide economy ruled by rapacious and unaccountable global corporations with a planetary system of local living economies comprised of human-scale enterprise rooted in the communities they serve and locally owned by the people whose wellbeing depends on them.

Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.

In the US, most progressives start to see the differences between internationalism and economic globalization.

So, there is enormous instability in the global economy with a shift of winners and losers.