Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)

Yes. The money is in the banks and it is about time we used it for the social good and the development of the economy and society. Furthermore, we have argued there must be a more general redistribution of wealth in society because it is concentrated in the hands of a small minority who are either not spending the money or not investing it in the economy. Figures emerged in recent weeks showing multinationals in Europe sitting on between €2 trillion and €3 trillion worth of uninvested profits. Why are they not investing? It is because they do not think they can make a profit. Why do not think they can make a profit? It is because the demand in the economy has collapsed and they do not think they can sell their goods.

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