This is that promises us a difficult future

For millennia, the market was a case of individuals: artisans and traders to consumers. Capitalism is the passage of the market in larger units. Machine steam and electricity provide work many men together, and anonymous society brings together many savers together who become capitalists. This is less than three centuries. This system is fabulous, it is also very cruel. He began by working employees 17 hours a day, without leave or retirement. The game of democracy, social struggles and Trade Union action of workers as well as the political struggle of democracy were able to use a part of the efficiency of the system to correct the hardness.

But the system is especially very unstable: delivered to himself, he knows a crisis about every ten years. The largest of the 20th century, between 1929 and 1932, produced 70 million unemployed - no compensation at the time - within six months, nothing in Germany, Britain and the United States, and she got elected Adolf Hitler. Cost of the crisis, a war to 50 million deaths.

After the war, three major regulators have been progressively implemented. Social security is a way to humanize the system by stabilizing. Fiscal and monetary policies Keynesian are tools to absorb changes, so the crisis. Finally, Fordism policies of high wages and reduction of inequalities are a way to bring everyone to drinking heavily.

The result was explosive: thirty years of regular and rapid growth, the constant employment in all developed countries and never economic or financial crisis. Our standard of living has increased by pas from 10 during this period. And it is allowing the economic victory of the West against the Soviet Union. It is this capitalism which convinced the populations of Eastern countries to join us, even if this was possible only when the system began to deteriorate seriously.

Because the high wages policy caused the growth but decreased profits. The shareholders are organized: pension funds, investment or arbitration. Their pressure was able to reduce employment and the share of wages. In the global product, the latter has lost 10 in thirty years. There, in all developed countries, 15 to 20 of temporary workers in addition to the 5 to 10 of the unemployed and the 5 to 10 of excluded from the labour market: the poor. Especially, there is a serious crisis financial, continental or world, every four or five years.

Contagious bankruptcy led to a decision of the credit, which itself resulted in a formidable recession causing a rapid increase in unemployment. The three regulators are weakened. The developed States have responded faster and smarter than in 1929. Public funds have saved many banks. It stopped Bank bleeding without being so able to restart growth.

We are now in a very strange period where Governments, bankers and journalists celebrated the end of crisis because the banking collapse is arrested. But nothing is resolved and unemployment continues to rise. Worse that it, the banking profession benefits this rescue on public funds to try to preserve all its privileges, including the surrémunérations senseless and immoral. During this time, the activity punishment to stabilize at a lower level of 5 to 10 depending on the country, as of 2007. Turning to macroeconomics, there is little output in view. The bottom of the crisis, it is the brutal confrontation between, on the one hand, the loss of power purchase therefore consumption of middle and working classes, and, on the other, the bursting of bubbles due to the bitterness with which the wealthy seek to make his fortune. However, if the system provides access to the ease of almost all, it does not have access to the fortune of all wealthy at the time. It is now expected for long stagnation of periodic financial crises. Europe's voters come to confirm that they prefer the system of the right to make his fortune. This is that promises us a difficult future.