And that its removal can turn to disaster

For us English, it is a dead idea. Never it come us bother with this funny thing invented by the English called the market. In recent years, this evil gear made anything, forging the most serious financial and economic crisis since the 1930s. If States were not involved with any power to strike to save its excesses, we would be in the mouise. Nothing beats a good President for driving the economy. The 21st century will be public or will not. Indeed, the Nobel jury distinguished this year Elinor Ostrom, who has spent his life to show that other forms of organization could be far more effective than the market.

Yet, we risk to be disappointed. Because the market will soon become the heart of economic organisation, if it has never ceased to be. The first reason is that it has no invented better to adjust the production and consumption of this production. It celebrated the twentieth anniversary of the fall of the Berlin wall, which symbolically marks the fall of the planned economy, only alternative to the market economy experienced large scale earlier this month. And the market was already in the heart of Teotihuacan, the pre-Columbian city tells a beautiful exhibition at the Museum of the quai Branly in Paris at this time.

The second reason is that the crisis has become really serious when the market disappeared. Market fragile, securitized products, market expected to be more of... Their fainting threw financial institutions and businesses in the chaos. The problem is not how to pass the market, but how to better organize. How to avoid, also, that he turns upside down, when the prices of financial assets results in not a drop in demand, but its rise. Here, the authorities obviously have an essential role to play. A role which they have not exercised in recent years, by laziness, ideological blindness and cessation to powerful lobbies. Provided that they are finally put!

The third reason for the announced return to the market, is that it is the most effective way of break finance pensions, which lead to extravagant profits and astronomical bonuses. Here, solutions are more complicated. The springs of the annuity are poorly known. But only a reinforced competition will help them relax really. A competition that is not in the genes of the banks, any more than in those of other companies. It is public authorities to enforce, or even to impose, as seen in the telecommunications France.

The fourth reason is that it goes well have to be more effective after the crisis. In all developed countries, public debt has soared. The pressure on the finances of the States will inevitably increase. States will seek to better spend their money. And there again, it found nothing better than the incentive mechanisms of the market. Some countries have already reorganized their public service with such mechanisms, such as the Canada or the Sweden. Others still have plenty of margins of manoeuvre in this area, such as the France, which has both the need for more market and best of State.

Finally, this debt will not collapse as if by magic. It will be purchased by investors who will exchange it according to their needs and their expectations. More public debt, it is more of financial markets. With a power increased. Consider even the bet that it will hear soon return the rengaine of the "dictatorship of the markets", which imposes its law to the overburdened States poor. Cruel irony of the crisis...

Of course, the market is not pure and perfect. The zealots are also unaware that his enemies. But it is an irreplaceable instrument. Other French we do us. Even if we are also well placed to argue that the State has also him a vital role to play. And that its removal can turn to disaster.