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European austerity protests
The financial and economic crises of Europe and in the West in general are bringing new corrupt solutions and concepts. It is impossible to understand and not to be outraged by the new practices of Western “democracies”.
One late example, in Greece and Italy the elected prime ministers and governments were forced to resign. The pressures on them didn’t come from the peoples but from the EU and from the financiers. This means that elections and the decisions made by voters are useless.
Government cabinets and members of parliaments are no longer answerable to the people but primarily to the EU and to financiers. Sovereignty is now being sold in European and Western financial markets. It is the same old story that changed the map of Europe and toppled European systems in the in the seventeenth and eighteenth centuries. Did anyone learn?
People are very concerned about the way the EU demanded austerity is being distributed; but the “democratic” politicians are only worried about the EU and financiers interests.
The former Greek Prime Minister George Papandreou was swiftly removed just because he decided that a referendum is essential to approve the EU debt package agreement. His plan infuriated European leaders, and rocked globalist financiers. Then the proposed referendum was emphatically scraped to appease them.
In a similar manner, the former Prime Minister Silvio Berlusconi of Italy was hastily ditched because he insisted that Italy will not ask for loans from the IMF. Europe and the USA are victims of the same systematic sabotage of overspending; debts; speculations; and financiers’ control for a very long time.
Is it possible in the near future to see voting being conducted in stock exchanges rather than in voting centers?
Western democracies on both sided of the Atlantic are influenced by financiers and not by the people. It would be better for them to rename their own form of “Democracy” to be “Finocracy”.
3D Democracy for People Participation in Alternative System 
Comments on: "Western Democracy is a Financiers’ Joke" (2)
Ah… Others are finally getting the idea. Good!
You are right to bemoan the “democracy deficit” currently being exploited by opportunistic global financiers and European technocrats. Mathew Yglesias (at the Center for American Progress), among other commentators, has been talking about how we have been witnessing “the rise of the global elite.” I would only argue that this is not a new trend – but a variation on an old theme. Here’s the dilemma as I see it: On the one hand, forcing austerity measures and structural reforms upon individual EU member states, without the consent of their constituencies (e.g., in the form of referendums) is troubling indeed. On the other hand, one of the aspects of the EU is that member states agree (and by extension their populations agree) to have some of their sovereignty curtailed in the name of European consensus and cohesion. But you are right, one of the problems with democratic capitalist systems is that the powerful generally work within the system to increase their hold on power.