The future of Italy will come from the South

The presentation of the book, The Dictionary of Civil Economy, took place last night, December 16 in the Palazzo Steri in Palermo, with nearly 300 people present.

The future of Italy will come from the South

091216_Palermo_01"Civil economy wants to reform the separation between market and the body politic, between market and democracy. The crisis that we live today is the fault of economists. The theorizers of derivatives and hedge funds should have the courage to give up their Nobel prizes. Today, there is need to give people back the joy of working, rewriting new market rules rather than increasing consumption. Production and creativity have grown as we exit this crisis. Together with the capital stockmarket, there is need of social stockmarket that values cooperative strategies, social capital, ethics"Stefano Zamagni, professor of Political Economy at the University of Bologna touched many critical knots during his speech at the presentation of the book, The Dictionary of Civil Economy, held last night in Palermo, in the great lecture hall of Palazzo Steri.

Zamagni, co-author with Luigino Bruni, announced that there will soon be released a university textbook where the cardinal ideas of civil economy - including relational goods, gratuitousness, community, virtue and persons - are formulated into rational theory that will become object of study in universities.

T091216_Palermo_02he seven main points laid out by Luigino Bruni, associate professor of Political Economy at the University of Milan-Bicocca, presented the characteristics of civil economy and reaffirmed that "without a pilot experience, without people who give themselves to make another economy, no type of theory will have value." With regard to the situation in Italy, Bruni clarified that "the future of Italy will come from the South, and that (the country) will not go anywhere without the South. The market must recover the value of human relationships, of community, which is characteristic of this part of the country." To finish, Bruni said this with regards to fiscal shielding: "The Banca Etica (Ethical Bank), who is the promoter of this meeting, has taken up an initiative that is, in my opinion, very important. On the doors of it´s businesses, it has placed a sign that says the bank will not accept capital that comes from expected returns from the fiscal shield. Today, we talk about conscientious objection for doctors who do not want to practice abortion or for pharmacists who do not want to sell the day-after pill. Why not propose conscientious objection for consultants, businessmen and financial workers who are against the fiscal shield? If you turn to me to manage illegal money that you settle abroad to avoid taxes, I can make a fiscal objection and say no."

Giuseppe Pintus, coordinator of the Economy of Communion project in Sicily, Calabria and Malta, which has inspired more than 20 Sicilian businesses who give one-third of their profits to the poor, spoke of this experience.

091216_Palermo_03Nearly 300 were present, coming from all over Sicily. As the director of the Palermo Branch, Steni di Piazza, of the Banca Ethica said, the event is part of "a project that aims at the local territory. We have financed businesses that act legally. We have supported social services of the municipality, and now we feel that there is need to make a strong statement by giving space to fraternity and an economic experience capable of generating in the social fabric virtuous and winning choices, attentive to the person".

Franco Viola, professor of Philosophy of Law at the University of Palermo, while presenting the Dictionary, spoke of "an economy of far-seeing use that recovers the humanistic portion of economy, placing morals once again among the sciences." Gianni Notari of Centro Arrupe, concluding, invited everyone to "meet again, not only to report or complain but to prepare new things and manage the future, overcoming individualism to give solidity to social capital, as the prophetic minority."

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