Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Dr. Julien Mercille:

We can talk about socialism or whatever and that is fine, but we could just have capitalism with a human face which is what some people talk about. We could reduce the profit incentive. We could go much further, to the progressive end of the spectrum and be more decentralised, with a deep democracy as opposed to voting for the same two or three parties every four years with not much input from popular opinion. One could take a greater part in the economic decisions which affect one's life. It is about democratising the country.