We must stand up to ‘the markets’ before they enslave us all

IN the past few months I have constantly heard politicians, the media, political commentators and others often express concern over how “the markets” would respond to the policies and actions of governments.

I even heard Canadian Prime Minister Stephen Harper and US President Barack Obama, who were at the recent G20 meeting in Toronto, commenting on television about “the markets” and the decisions agreed at the meeting.

This thing called “the markets” is an entity that no one elected. Yet somehow it appears to have huge power over elected politicians, the policies they adopt and the actions they take.