Short biography: (in http://moslereconomics.com/warren-mosler-bio/) “One of the brightest minds in finance” – CNBC Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc. An entrepreneur and financial professional, Warren Mosler has spent the past 40 years gaining an insider’s knowledge of monetary operations. He co-founded AVM, a broker/dealer providing advanced financial services to large institutional accounts and the Illinois Income Investors (III) family of investment funds in 1982, which he turned over to his partners at the end of 1997. He began his career after graduating from the University of Connecticut with a B.A. in Economics in 1971 and has been deeply involved in the academic community, giving presentations at conferences around the world and publishing numerous articles in economic journals, newspapers, and periodicals. He is attributed with creating Mosler’s law that states, “there is no financial crisis so deep that a sufficiently large fiscal adjustment cannot deal with it.” In addition to his work in the field of economics, he developed – and later sold – his own automobile line, Mosler Automotive, responsible for producing the Mosler MT900 and the Consulier GTP. He also designed his own catamaran that is lighter, faster, and more fuel-efficient than other models. Mosler is the author of “The Seven Deadly Innocent Frauds of Economic Policy” that has been translated into Italian, Polish, and Spanish.
Work: Options for prosperity
In the following presentation Mosler deals with the options the eurozone has. He presents two plans for any member state in the eurozone, (in this work he deals with Italy). Plan A is to work with the EU to expand fiscal limits. A credible Plan B is essential to achieving Plan A. Transitions Jobs are also necessary.
(The work can be applied to any member state in the eurozone, as well as to any new state that can arise through the application of the principle of self-determination.)
Since 2009 ICEC has visited the European Parliament many times. Thanks to the people of the NVA and politicians like Mr. Erik de Foort, ICEC has organised many conferences in such a great public European space.
Last year (December 2015), ICEC organised the 1st part of the symposium focused in “The implementation of Self Determination in the EU”. Sponsored by NVA and BILDU European groups, and gathering academics, politicians and activists, speakers underlining a strong understanding of Democracy. Democracy, not only as a result but mainly as a method of doing politics based on citizenship participation.
This year (January 2017) ICEC conference has had new speakers and we greatly welcomed the Welsh, Irish and Catalan MEPs for participating and adding themselves to the Flemish and Basque sponsoring groups. We wish to specially thank to the Venetian Parliament secretary, Antonio Guadagnini, the Scottish Common Space journalist, Michael Gray, the Catalan Constituïm spokesperson, Jordi Domingo, and the head for intl. Relations of the ANC, Montse Daban, for accepting ICEC invitation and offer to an always diverse European audience, their views on various themes related to Self Determination.
This year (January 2017) ICEC conference has had new speakers and we greatly welcomed the Welsh, Irish and Catalan MEPs for participating and adding themselves to the Flemish and Basque sponsoring groups. We wish to specially thank to the Venetian Parliament secretary, Antonio Guadagnini, the Scottish Common Space journalist, Michael Gray, the Catalan Constituïm spokesperson, Jordi Domingo, and the head for intl. Relations of the ANC, Montse Daban, for accepting ICEC invitation and offer to an always diverse European audience, their views on various themes related to Self Determination. This year’s conclusion included (1) the legality of a democratic result - whatever challenge might seem to mean to the current states “status quo”- and (2) the legality of a natural unilateral exercise of Self- determination. Interventions from Flemish MEP Mark Daemesmaker and Basque academic Juanjo Àlvarez on the defence of all democratic results as a core principle of the EU institutions and the need for these institutions to be prepared for the more than probable coming independence of historical European nations. Nations which win such a new status by the participation and democratic expression of their citizens’ will. The legality of unilateralism was specially defended by Catalan ICEC spokesperson, Anna Arqué and by the Venetian ICEC spokesperson, Luca Polo.
Arqué exposed the positive recognition that Catalan people do of themselves as a nation/People, acknowledge their rights as European people and their determination to exercise them. “The exercise of Democracy can never be punished by European institutions with the expulsion from them of millions of European citizens, that would erase all ethical backbone to the common European project and be the end of the EU. We do not ask EU Institutions to express their support for Scottish or Catalan independence but we do expect them to act as a warrant in favour of the exercise of universal rights in front of any obstacle or threat expressed by any member State”.
The Venetian ICEC spokesperson, Luca Polo, was in charge to explain the Venice resolution (approved by Venetian Parliament) and the link it has with ICEC political philosophy as a source of its inspiration. Polo, stressed the idea of “self-determination as a sovereign act of democratic will to solve political open conflicts”. The Venice resolution has been adopted by ICEC as a summary of these two conferences on self-determination in the European Parliament and states the following: "We therefore recognize that whenever the exercise of the universal right of self-determination is rejected by the state institutions, citizens and nations of Europe can do and should do the only possible thing: unilaterally exercise through their representative democratic parliaments this right that is configured by its nature in the international law framework" Veneto Parliament - Resolution n. 27 - 2016, November 29th
Worth mentioning the ICEC text written expressly for the conference by Catalan professor Antoni Abat i Ninet (University of Copenhagen) on the “legality of unilateralism”:
"The unilaterality, understood as legislating a own norm and enforcing it, it doesn’t only predisposes an illegality, but it is a defining and essential characteristic of legal norms. In this meaning the difference between a norm and a legal norm is its enforceability. Unilaterality involves an act of sovereignty necessary to consider the norms as law. Indeed, s' tried not to apply the norms of international law and human rights which include the principle of self-determination to deny its legality. When Catalonia, it is relaunched a referendum agreed with the state and this one not only doesn’t negotiate, but applies criminal law and repression against legitimate representatives of Catalonia, the only possible solution is a referendum in unilateral form. The defense of the referendum, unilateral or not, is an obligation of the democrats all over for two reasons, a) (Democratic Principles) to what it means to defend the essential democratic principles of modern constitutional democracies b) (Rule of Law) to what it means to defend the human right to self-determination toward a subordinate and inferior rank principle, as is the principle of territorial integrity. This defines the decision of the ICJ on Kosovo. "
To conclude the conference, Bernard Dealemans, spokesperson for ICEC Flanders, gave an overview of our well rooted principles on Democracy and self-determination and the formalising process that our NGO has undertaken, announcing our international legal base in Brussels and ICEC new website www.icec.ngo Steven Vergauwen, representative of ICEC Flanders, who has been in charge of coordinating all the necessary details for the success of the conference, has recently appointed as ICEC Secretary. We also wish to announce our new treasurer, FlorianVon Ach and our new spokesperson for Euskal Herria Xabier Zarandona and last but not least, we really want to thank to all board members Joan, Shona, Gianluca, Paul, Iñigo, and many members like Hilde, Joan R., Carles, Brice, Josep M, Egon, etc..etc.. for their constant enthusiasm and active participation.
The spokesperson of ICEC Catalonia, Anna Arqué, is not new to the Flemish and Belgian Federal Parliaments, she has had years of good relations with the social movement VVB and the political party N-VA brought her to both Parliaments in many occasions. This year, the Catalan spokesperson invited Constituïm, a grassroot movement responsible for the current draft project of Catalan Constitution, and the ANC, the most popular social organisation in Catalonia and one of the main actors which agreed with ICEC ‘s demand on getting the official referendum back to the Catalan political agenda. Now announced for September 2017.
Peter De Roover, head of NVA group in Belgian Parliament, Peter Luykx, head of NVA commission of foregin affairs, Rita Bellens, commission of foregin relations, received the Catalan delegation. Anna Arqué, started the Catalan exposition by explaining the current Catalan political scenario and the reasons why a referendum is back to be Catalans main political objective. Jordi Domingo, spokesperson for Constituïm and Toni Fitó, member of the same group, hand over some copies of the drafted Catalan Constitution. Montse Daban, head of International relations of ANC explained the work currently undertaken by her organisation and the Catalan Gov to make Catalans abroad elegible to vote in the official Catalan referendum 2017. Peter Luykx, when reading his welcoming message in perfect Catalan mentioned their agreement that “in order to make an ommelette its necesary to break some eggs” which was very warmed received by the Catalan delegation who thanked the gesture of solidarity from Mr. Luykx in relation to the current and surrealistic legal battle of the Spanish State against Vic (catalan municipality) elected representative, Joan Coma.
External relations Vicepresident for the Flemish Government, Jan Van Esbroeck, organised a reception in the Flemish Parliament for the Catalan representatives who were welcomed by its Vicepresident, Wilfried Vandaele, Flemish Minister, Ben Weyts, senator, Karl Vanlouwe, and members of Flemish Parliament, Lieve Maes, Marc Hendrickx, Karim Van Overmeire, Paul Van Miert and Kris Van Dijck. We had the chance to learn about Flemish Governmental competences and find very similar shortcomings for both Flemish and Catalans when it comes to converting any legislative capacity into full executive policies. The Vicepresident of the Flemish parliament joined guests for a discussion over lunch then concluded with a very positive Meeting. Constituïm also had the chance to meet with Steven Utsi to discuss further the deliberating process taken place in Catalonia and deep in the next steps planned to make the Constitution draft into a Catalan reality.