Putin and Krugman: Is democracy harm the economy?03.02.2012 17:50
How policy affects the economy? Why is it so hard to make the painful decision to society, even if they are necessary for the development of the state?In the circle of international economists at the forum "Russia 2012" Prime Minister Vladimir Putin expressed doubts about how effective democratic system can cope with the challenges of the economic crisis. Reply to the Prime Minister decided to Nobel Prize winning economist Paul Krugman.
A good example of the problems of democracy Putin cited a situation where the economic growth needed to make a decision on the reduction of social spending. "Who will vote of the members? Who raised his hand? Roll-call designated, posted on the Internet, the next time it will not be elected to parliament.'s The problem!" - Exclaims the Premier. He stressed that for this reason, and "do not vote, do not take, maybe painful but necessary decisions."
Putin said the situation in Argentina. "Instead of consolidating and solve problems, it is apparent to those skilled obvious to society and political parties, the people on the street began to withdraw, windows and beat the banks blow" - outraged Premier. "As far as legal capacity, such a system? - Asks Putin. - What should be modified so as not to bring the economy to a standstill and not to reduce the country with the world's position?"Need to modify the principle of formation of power and do not take the political model in Russia as an absolutely correct and in the interest of the people. Very perception of Putin situations when you need to take "necessary for the state to society and painful" decision means that the state is alienated from the people and confronts him as completely anti-national machinery of violence. The fact that action to reduce social spending needed for the development of the state lying liberal mantra, which is used for more than 20 years, all the cutting and cutting social spending and the fruit of oligarchic capital, and development as there was no and no. And there will be, as not for the development of reduced social spending, and to enrich a handful of oligarchs. And if MPs vote for a reduction in social spending, the people should not only not elected, and recall them and attract criminal liability for failure to fulfill its obligations to protect the interests of the voters.Who and who should be consolidated in Argentina? After all, the bankers had plenty of time to stop robbing people, but that just does not want to, and can not be consolidated with the poor people. With the people they oppress. This obvious truth that for some reason are not clear to Putin and his entourage, who rely on experts, but rather to their hotel staff.
Sberbank CEO German Gref admitted that due to the total of populist leaders of the situation has come to a standstill. "Everyone says the problem is not that we do not know what to do. We do not know how, after that we will do what is necessary, we be elected again," - emphasizes Gref. He adds that this is a systemic problem. "Maybe we should talk about finding new answers to old questions," - says the head of Sberbank.
That's because even the head of Sberbank shouts populism as unacceptable policy, as it turns over paper profit shifting is not populism, but, to put finance at the service of industrial production and the public is populism.MPs, by the way, do not have to think about how to always sit in the State Duma, and how to more fully realize the electors as to lay the foundation for the development of the whole society, not the enrichment of a handful of parasites."Can I say a few words about democracy? I really believe that we need to say something," - replied Nobel laureate in economics Paul Krugman. Starting with a quote by William Churchill "Democracy - the worst political system except for all of those that we have already tried" (Russian standard translation of "Democracy - a bad system, but all the others even worse"), economist described the alternative situation in which decisions are made by a limited number of professionals who do not care about people like the citizens.
"There is a view that the decision to merge in a room of serious dispassionate people who do not have concern for their political rating. This is absolutely the wrong picture. Nobody was wrong, how serious people! They offered the worst political ideas, although they were the best professionals ! " - Says Krugman.
Economist cites the example of the recent enthusiasm specialists regarding deregulation: "They said that there is nothing wrong with lending boom, and now they say, if everyone saves, then it will recover" [Krugman think the opposite]. A similar situation was observed not only in economics, Krugman notes. In 2002, a large part of society was against the war in Iraq, but the politicians have decided to start it.
"The main problem now - it's not something that populism prevents the right decision, but that bad ideas promoted by the elite, preventing us from doing right" - emphasizes Krugman. Less democracy - is not the way forward, made a professor.
The idea of so-called elites are an expression of class interests that oppose the rest of society, and therefore all of their ideas to enrich the ruling financial oligarchy and the impoverishment of the people. This is a disastrous policy for the world. And no matter how they are experts themselves not imagined their time is up. And those who do not look at politics from class positions, in fact, as Vladimir Lenin, to plant cells and to show both the Australian kangaroo.
Chubais: Russia is impossible to do anything without a government03.02.2012 17:10
What is necessary to innovative economy emerged? To this question in the forum "Russia-2012" said Chairman of the Board "RUSNANO" Anatoly Chubais. According to him, the government's role in this matter emphasized.Speaking at the forum "Russia 2012", chapter "RUSNANO" Anatoly Chubais said that foreign investors need to "protection of the state." Without these guarantees, they do not go to Russia.
Chubais said that in the last thousand years in Russia, nothing happened without government assistance. State - is the handle of the truck, "you want to start, start, start, and then it will go."
In this case, Chubais said that, of course, the country needs the competition, an independent judiciary, democratic political system, the withdrawal of the state from the economy, but all Russia needs an active role in the economy.
Chubais, an ardent supporter of privatization and withdrawal of the state from the economy, clearly understands that the state plays a critical role in the economic life of the country and society, and for him it is not important that the state has gone out of the economy and the state to defend and protect the interests of Chubaisa and his environment, after all, they inovatory. That awareness of the decisive role of the state in society and pushing them to the falsification of popular representation, electoral fraud.They have long captured the state and all its plant and to replenish their pockets and did not intend to give to the people, continuing to identify the role and place of the state.
Klepac: high lending rates remain03.02.2012 13:58
High interest rates in the interbank market and lending to the real sector will continue until mid-2012, said Deputy Economic Development Minister Andrei Klepach.
Interest rates on loans remain high"It is clear that in the medium term rates rather should decline. But the increase, which has happened now, it is a deterrent role (in the development of the real sector - ed.) Will provide" - said Klepac, speaking at the forum "Russia 2012" .
"Because the growth rate of loans rather high and even higher than expected." But in 2012, "growth loan package from banks will be much lower - not 36% (as in 2011 - Ed.), And 20-something percent."
"And the current high interest rates at least until the middle of the year continues, it is unlikely they will fall," - said the deputy minister.
Development, saying! Well, well! Mr Putin and Chubais. What development can be when loan rates are extremely high. In Japan, the European Union and the United States the cost of credit reduced to zero, in order to provide the necessary cash economy and promote industrial recovery, and you all are doing demagogy, talks about consolidation, and are contributing to the enrichment of the financial oligarchy and the collapse of Russia.
I think that today it is obvious to the thinking citizen of the country and swing them will not succeed.
How policy affects the economy? Why is it so hard to make the painful decision to society, even if they are necessary for the development of the state?In the circle of international economists at the forum "Russia 2012" Prime Minister Vladimir Putin expressed doubts about how effective democratic system can cope with the challenges of the economic crisis. Reply to the Prime Minister decided to Nobel Prize winning economist Paul Krugman.
A good example of the problems of democracy Putin cited a situation where the economic growth needed to make a decision on the reduction of social spending. "Who will vote of the members? Who raised his hand? Roll-call designated, posted on the Internet, the next time it will not be elected to parliament.'s The problem!" - Exclaims the Premier. He stressed that for this reason, and "do not vote, do not take, maybe painful but necessary decisions."
Putin said the situation in Argentina. "Instead of consolidating and solve problems, it is apparent to those skilled obvious to society and political parties, the people on the street began to withdraw, windows and beat the banks blow" - outraged Premier. "As far as legal capacity, such a system? - Asks Putin. - What should be modified so as not to bring the economy to a standstill and not to reduce the country with the world's position?"Need to modify the principle of formation of power and do not take the political model in Russia as an absolutely correct and in the interest of the people. Very perception of Putin situations when you need to take "necessary for the state to society and painful" decision means that the state is alienated from the people and confronts him as completely anti-national machinery of violence. The fact that action to reduce social spending needed for the development of the state lying liberal mantra, which is used for more than 20 years, all the cutting and cutting social spending and the fruit of oligarchic capital, and development as there was no and no. And there will be, as not for the development of reduced social spending, and to enrich a handful of oligarchs. And if MPs vote for a reduction in social spending, the people should not only not elected, and recall them and attract criminal liability for failure to fulfill its obligations to protect the interests of the voters.Who and who should be consolidated in Argentina? After all, the bankers had plenty of time to stop robbing people, but that just does not want to, and can not be consolidated with the poor people. With the people they oppress. This obvious truth that for some reason are not clear to Putin and his entourage, who rely on experts, but rather to their hotel staff.
Sberbank CEO German Gref admitted that due to the total of populist leaders of the situation has come to a standstill. "Everyone says the problem is not that we do not know what to do. We do not know how, after that we will do what is necessary, we be elected again," - emphasizes Gref. He adds that this is a systemic problem. "Maybe we should talk about finding new answers to old questions," - says the head of Sberbank.
That's because even the head of Sberbank shouts populism as unacceptable policy, as it turns over paper profit shifting is not populism, but, to put finance at the service of industrial production and the public is populism.MPs, by the way, do not have to think about how to always sit in the State Duma, and how to more fully realize the electors as to lay the foundation for the development of the whole society, not the enrichment of a handful of parasites."Can I say a few words about democracy? I really believe that we need to say something," - replied Nobel laureate in economics Paul Krugman. Starting with a quote by William Churchill "Democracy - the worst political system except for all of those that we have already tried" (Russian standard translation of "Democracy - a bad system, but all the others even worse"), economist described the alternative situation in which decisions are made by a limited number of professionals who do not care about people like the citizens.
"There is a view that the decision to merge in a room of serious dispassionate people who do not have concern for their political rating. This is absolutely the wrong picture. Nobody was wrong, how serious people! They offered the worst political ideas, although they were the best professionals ! " - Says Krugman.
Economist cites the example of the recent enthusiasm specialists regarding deregulation: "They said that there is nothing wrong with lending boom, and now they say, if everyone saves, then it will recover" [Krugman think the opposite]. A similar situation was observed not only in economics, Krugman notes. In 2002, a large part of society was against the war in Iraq, but the politicians have decided to start it.
"The main problem now - it's not something that populism prevents the right decision, but that bad ideas promoted by the elite, preventing us from doing right" - emphasizes Krugman. Less democracy - is not the way forward, made a professor.
The idea of so-called elites are an expression of class interests that oppose the rest of society, and therefore all of their ideas to enrich the ruling financial oligarchy and the impoverishment of the people. This is a disastrous policy for the world. And no matter how they are experts themselves not imagined their time is up. And those who do not look at politics from class positions, in fact, as Vladimir Lenin, to plant cells and to show both the Australian kangaroo.
Chubais: Russia is impossible to do anything without a government03.02.2012 17:10
What is necessary to innovative economy emerged? To this question in the forum "Russia-2012" said Chairman of the Board "RUSNANO" Anatoly Chubais. According to him, the government's role in this matter emphasized.Speaking at the forum "Russia 2012", chapter "RUSNANO" Anatoly Chubais said that foreign investors need to "protection of the state." Without these guarantees, they do not go to Russia.
Chubais said that in the last thousand years in Russia, nothing happened without government assistance. State - is the handle of the truck, "you want to start, start, start, and then it will go."
In this case, Chubais said that, of course, the country needs the competition, an independent judiciary, democratic political system, the withdrawal of the state from the economy, but all Russia needs an active role in the economy.
Chubais, an ardent supporter of privatization and withdrawal of the state from the economy, clearly understands that the state plays a critical role in the economic life of the country and society, and for him it is not important that the state has gone out of the economy and the state to defend and protect the interests of Chubaisa and his environment, after all, they inovatory. That awareness of the decisive role of the state in society and pushing them to the falsification of popular representation, electoral fraud.They have long captured the state and all its plant and to replenish their pockets and did not intend to give to the people, continuing to identify the role and place of the state.
Klepac: high lending rates remain03.02.2012 13:58
High interest rates in the interbank market and lending to the real sector will continue until mid-2012, said Deputy Economic Development Minister Andrei Klepach.
Interest rates on loans remain high"It is clear that in the medium term rates rather should decline. But the increase, which has happened now, it is a deterrent role (in the development of the real sector - ed.) Will provide" - said Klepac, speaking at the forum "Russia 2012" .
"Because the growth rate of loans rather high and even higher than expected." But in 2012, "growth loan package from banks will be much lower - not 36% (as in 2011 - Ed.), And 20-something percent."
"And the current high interest rates at least until the middle of the year continues, it is unlikely they will fall," - said the deputy minister.
Development, saying! Well, well! Mr Putin and Chubais. What development can be when loan rates are extremely high. In Japan, the European Union and the United States the cost of credit reduced to zero, in order to provide the necessary cash economy and promote industrial recovery, and you all are doing demagogy, talks about consolidation, and are contributing to the enrichment of the financial oligarchy and the collapse of Russia.
I think that today it is obvious to the thinking citizen of the country and swing them will not succeed.
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