Everything has to be done to build some sort of international democracy. We've seen only the tiniest beginnings of that.

Markets cant think about anything beyond about three months. This is very long-term for markets, which is why the important things in life have got to be taken outside of the marketplace.

What it missing, I think, is this notion of the common good.

Everything has to be done to build some sort of international democracy. We've seen only the tiniest beginnings of that.

If we wait for the U.S. to do something, we will be waiting for a very long time. It's Europe, it's Australia, it's the other developed and middle developing countries that have got to do the job.

We're trying to run a 21st century society and economy with 19th century Darwinian, competitive, crude ideas.

What you need if you want jobs are small and medium sized enterprises, local initiatives, labour intensive work, community development, service providers and the like.