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Club Information Conference on Banking Ethics
The current crisis of finance has highlighted the failure of an economic system, neoliberal capitalism based on speculation and the impoverishment of large segments of the population. The provision of banks of huge amounts of public money is behind the increase in poverty in our cities, the unemployment, evictions and the progressive dismantling of the welfare state.
Use that financial institutions have given our savings, pensions or mortgages, has been to invest in speculative financial markets and in a production system unsustainable and unjust The result is that our savings have been and are being used in reckless investments and often criminal.
Something we do to change this situation, also acting responsibly in the financial system. It is not uncommon for persons or entities working with social solidarity irresponsible financial institutions. However, there are initiatives “Ethical Banking” which, through the transparency of its management and its choice of the social economy, are getting transform the situation. It is clear that there is no normal and Banking Banking ethics. There is an Ethics and Banking Banking immoral.
These days they want to be a turning point in Alicante, which provide the necessary information to individuals and social entities and help transform their savings in a real instrument development and impoverishment.