It is impossible to patch up and bandage the damage that Global Capitalism has imposed on the world. It has absolutely and irrevocably FAILED.. in the EU, in NAFTA, in the WTO.
It has failed in the denationalization of currency through Monetarism, the free markets and commodification of currency and credit and its running dogs in the IMF, World Bank, and giant Investment Banks. What France tried.. or Greece.. is like trying rearrange deck chairs on the Titanic. Either we bring back the sovereign national economies.. or we will sink as global economic shipwreck.
All that i have stated WORKED.. in the West between 1945 and 1971 (when the Bretton Woods Currency Agreement was shelved) to produce the greatest expansion of productive economies in the history of the world.. And it has been a steady evisceration of economic vitality through out the West since. Not surprisingly it has engendered a massive polarization of wealth, de-industrialization. encroaching poverty, social disassembly.
Unrestrained global free markets are Evil. There is no 'invisible hand' regulating markets. Just the ambitions of greed and powerlust. They can only be remedied by reimposing reason to regulate, plan and equitably share wealth in national economies.
I disagree, and if you have ever shopped at Walmart or purchased
anything that was grown, produced or manufactured outside your local community, then global capitalism has been successful for you
All in all, you have said a lot here, while saying almost nothing.
Referencing France or Greece as some kind of victim of the banking system, evil corporations and global commerce is a non-starter from the get-go.... Fact is this; both of the aforementioned nations have (and are) failing miserably because they are driving out capitalism in favor of gouging the people and entities that actually produce value in those nations. Socialist societies (just like capitalist ones) require money to operate and while it is easy to waggle a finger at capitalism and all the uglies associated with it, the reality is that without, there is no new 'value' created that can be used (in part) for the common good.
France and Greece have morphed into what ridiculous taxation, unbridled gubmint regulation, and politicians buying the vote... Add in the unfettered sense of entitlement in places like Greece (by virtue of political parties constantly buying the vote) and what were once societal benefits are now seen as rights without any notion of an associated responsibility.
On the monetary front, I am very curious as to what your solution to this issue is... Perhaps we go back to trading a chicken and couple of jars of preserves for services rendered?... Doesn't matter though really, those items are automatically commoditized and valued at a discount or premium based on the demand of the day, really no different the currency FX and arbitrage as we see it today.
... So, in the end; what have you accomplished by quashing capitalism other than putting the binders on tech advances, medical breakthroughs, lowering the standards for social services and punishing everyone in society?