In this interview with L'Humanité newspaper, the chief economist of the French communist party (PCF) Denis Durand argues that replacing the criteria of profitability that guides banks today by that of social effectiveness implies not only legislation such as nationalization, but also underpinning from social movements.
On 1 January, several French banks increased their charges by an average of 13%, despite generating large profits. The banks say the increases are to compensate for the lower (...)
- Economy (http://www.humaniteinenglish.com/spip.php?rubrique5)

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