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IEB Chemnitz
Germany
For answering this question and giving some outview it is necessary to go back to the history of this system and to classical explanations. Today there is much confusion in the definition of the role of global money, of world wide financial crisis and in general of capitalism. It is necessary to study or to use Marx, Schumpeter's and Hilferding's analyses again as well as to go back to the classic economists in 19. century.
Why not to use the terms "financial capital" and "Monopolcapitalism" (Hilferding) again to make clear the social relationship in the financial relations. Why not to make clear again that is speculation which drives the capitalist economies in crisises? When today is used the term "greed" as an positive value in the public discussion, its necessary to explain that this so called "value" destrois normal relationship between people in the capitalist society?
Under such conditions of world economy there is for researchers a need to regard, which legal possibilities of participation have had stakeholders in history and have today to control fiancial activities of banking and money system and in the speculation activities. How can participation be used and what are its possibilities today and the realities of public, state and stakeholders control and how they are used in reality to limit speculation and misuse of financial systems and monetary flows and indebtness of states?
Summarising will be described existing opportunities of public, state and stakeholders controll and participation in financing systems, will be discussed opportunities of regulations in the future and possibilities of the fight against crisises and citizen losses within capitalist global organised speculation oriented financing systems.
participation and democratisation can be a crucial step into a new area without collapses in banking and finance system