Forum Post: There is a citizen-friendly solution to the global crisis!

I was listening, a couple of days ago, in the news the speeches of two people from the opposite sides of the socio-economic spectrum. The one was one of the activists currently in Wall Street and the other the governor of the Bank of England. The activist was asked (23/10/11) to present the OCCUPY movement demands and his answer was “no movement in history has ever… (come up with a comprehensive manifesto) within the first four weeks of its existence” or paraphrasing it, we know that something is seriously wrong but we do not have a solution to propose yet.
The governor of the Bank of England on the other hand talking in Liverpool (18/10/11) said and I quote: “(We) enjoyed the benefits of globalisation. Now we are seeing some of the costs… a global financial crisis…. the global nature … means that monetary and fiscal policy …can only do so much. Our fate rests … on the policies pursued by our trading partners….the provision of additional liquidity…can buy valuable time….to tackle the underlying problem... of excessive debt…. There is a long journey … to a sustainable equilibrium, (and is) involving rebalancing and a reduction of debt burdens… It is hard to imagine a solution that does not involve … more than one country... so the international financial system must be reconstructed to ensure a return to prosperity.” But is really the solvency of the countries and The Banks alike and the imbalances in global trade the real root causes of our problems? What created the solvency and the imbalances in the first place? Can economists be so arrogant or naive to believe that our financial theories, that brought us to where we are, are so perfect and all inclusive that we need to look no further for a solutions but within their framework?
I believe not, at least not all of them. Those in power or carrying a media-imposed reputation I feel are afraid to express their actual believes in fear of being ridiculed by the actual ignorant and loose their social-status and reputation. The socio-economic activist and the representative of the “system” should in theory be the two opposite ends of thought and propose anti-diametric solutions. Yet they both have no actual solution to offer, evidence of the complexity of the problem we are facing. The same stands true for those the middle of the spectrum.
The only rational explanation to explain the paradox, is that they all (?) are looking at different levels of root causes, hence their inability to find a middle ground solution to agree upon or that those that they have one, choose to stay consciously away from the media. Contrary to the country or unions’ fiscal approaches on the Global Crisis, I believe that it is the foundations of societal behaviour where all root causes derived from and, encouraged by the results of my analysis, I firmly believe that a viable solution exists.
My position is that these causes lay far below the currently investigated economic framework, within our social-values based informal institutions, the ones that formed and are controlling our socioeconomic mechanisms and I argue that is at that level we need to start the restructuring. I propose thereafter a roadmap to an institutional-based economic transformation described in an eight step process, which can lead all global interlinked economies, fast to a stable state without extreme adverse reactions or the need for a revolution of any kind and with the added bonus of highly regarded social benefits.

Follow the link to the paper and please comment http://gaianomy.wordpress.com/2011/11/05/there-is-a-citizen-friendly-solution-to-the-global-fiscal-crisis/