Between 2008 and 2010, the EU Commission approved state aid of 4.3 trillion euros. The potential crisis of the global economy has grown and not declined. The challenge of the left is to free the state treasury from captivity as a hostage of the banks.
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Contracting debts exploded under neoliberalism since the 1980s - unlike the state debts in the Keynesian era from the 1950s to the 1970s - and produced a structural debt bondange for the overwhelming majority. The financial sector arose parallel to the "indebted state."