April 5th 2017, the fighter of democracy, justice and independence of his country (and of all countries) and former head of the Finnish antiEU party IPU (Party of Independence), Antti Pesonen, passed away after a tough battle with cancer.

Antti Pesonen participated in the International Congress organized by EPAM on 31.11 and 1.12.2013. In his speech he referred not only to the detrimental consequences for all the countries’ participating to the EU and the Eurozone, to their justice, equality, democracy and national sovereignty but also to – as he calls them – ‘imbalances’ (social, between the economy and civil society and between human needs and natural resources), and therefore, the resulting disasters and tensions in the dominant economic model of today.  He also stressed that the requirements imposed by this model for unbridled and virtually unnecessary growth, cause extreme destruction of the environment and, the waste of finite and irreplaceable natural resources.

His contribution to the International Congress follows :

Debt, national currency and democracy

EPAM International Conference

Athens 1.12.2013

There is a way out of this dead end

The problems we are facing are all common and this makes it ever so important to find sustainable solutions together.

As a concept, the globalisation often covers more than it reveals. There are at least two of the kind; good or bad. The bad globalisation has weakened democracy, increased inequality and poverty. It has caused  a powershift from the people and their elected parliaments to Big Business, international banks and investors.

This dark globalisation has driven the whole current economic model into a dead end. We are often told about the freedom it offers, but too often it means destruction – the freedom of a fox in a henhouse.

There is a world wide movement against globalisation that has opened peoples‘ eyes to see the unsustainability of our current economic model. Millions of people are on the move and it is of utter importance to reveal the flaws of a model that centralises both power and wealth.  This is not enough, though – we need more – we need real tangible, social and political options and a roadmap out of this dead end.

The lack of balance

Our current situation, humanity as a whole using natural resource beyond their rates of renewal while leaving hundreds of millions of people without their basic needs of food and clean water – is a scaring example of this lacking balance.

We need social balance. This covers security, equality, a perception of fairness, predictability, sustainability, long-term sight, for people to be able to influence their lives and the surrounding society, working communication and a quest for democracy. It is easy to see the lack of all these, whether viewed from the perspective of an individual, a state or the whole world.

In a societal sense, striving for balance can not mean an unchanged state, a static point to be upheld – there is no such thing, not in the past or the future. Striving for balance is an continuous process, where sudden changes can be met accordingly taking different aspect into account.

National sovereignity should be seen as the true democratic base.The state is sovereign when it has  it´s own legislative power relying on an independent judiciary, and its own foreign policy. Thus, defining the EU Member States are not sovereign states.

The voice of the people will be better heard in smaller than larger units. Historical and natural conditions are easier to take into account in areas and regions of lesser size.

Supranational forms of governance can easily turn from co-operational to dominant. The problem solving turns into creation of problem. Still, the need for both wide and deep international co-operation is  there, but this can only be attained by truly sovereign nations.

In a true democracy,a people´s nation – the people rule instead of being ruled. It should be totally unacceptable to be able to buy neither votes or political power.

We need a balance between the economy and people

The economy and the markets are to serve people and not the other way around, as it happens.

The production of goods and services used to increase our well-being, but not anymore. Actually many of the economical growth-driving actions diminish our well-being.

Securing our well-being and the necessary change of our economic model demands a waiver of economical growth. Our future economical model should be independent of the growth imperative.

The results of work and production should be channeled into supporting basic human needs instead of speculating finance. The movement of capital should be regulated and taxed.

Money should not be created by  private banks as debt, but the Government must create it‘s own money. The right to create debt out of thin air must be snapped away from the commercial banks. Money creation is to be kept under control and the amount of money circulating regulated by taxing. Government should therefore not be able print money indefinitely.

Through the creation of money, the Government can pay people to work in selected key areas. These include, for example, health and elderly care, education, the police, the army, firedepartments, the post office, as well as rail and road projects.

There should be no worries of high rates of inflation  when a reasonable balance of of supply and demand is taken care of.

The responsibilities and risks of commercial banks and private enterprises are to be carried by their managers and boards down to a personal level.

A sovereign country does not need foreign debt, when it has it´s own currency, central bank and power to make decisions.

We need a balance between human needs and natural resources

Our problems will not be solved by competition that benefits a few, but our target has to be the coping of all.

Real GDP does not measure well-being as it does not take into account inequality, the state of the environment and whether all basic needs are met.

With our own money into the future

A sovereign currency opens a path out of this dead end. Combined with the restoration of our sovereign decisionmaking, it is vital for the future and well-being of Finland. A beacon of hope.

The prohibition of direct financing through the central bank is the origin of many problems

The member states of the Euroarea lack their own currencies. The agreements prohibit direct central bank financing and money creation through debt has been given to commercial banks. The Governments are forced to borrow their capital from the same banks that turn around to them for help in times of their distress. This is both absurd and unsustainable.

Every single euro, borrowed by a country is foreign debt. We are in a position where commercial banks can veto the national, parliamentary decision-making process and hinder the Government from allocating their resouces to primary targets for well-being and their own future. Both the width of margins and amount opportunities have diminished considerably under the euro and EU-treaties. The dead end is getting increasingly deeper.

A matter of direction

Democracy is a goal worth striving for even when it stays unattainable in perfection. The same applies for the broad social development. It is a matter of direction -heading the right or wrong way and we have to keep asking ourselves on this. It takes an open and public debate, which is the base for genuine democracy. Serious problems of democracy, environment, economy and social development are intertwined -and so will the solutions be.

Decision-making forces us to ask for right or wrong and our success will be measured by the well-being of those who are worst off among us.

New tasks will ask for new tools. Our citizens need tools of change. Parties and organisations are good tools for changing our future and should now be used efficiently.

The battle for restoring sovereignity and independence can not be lost. It will continue until victory stands. The fight for justice and democracy is persistent.

We are amidst a struggle between a political and financial elite´s oligarchy and the peoples power. It is important to have it take place without violence and there  is no doubt of the final victor. Oligarcy has to give way, when an increasing number of citizens come to see the situation as it is -and take action for change.

Thank you





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