Under the title "Agriculture and Industry Totana to the international production crisis Dr. Pedro Segura Artero offered last Thursday, 23 October a lecture at the Cultural Center and Workers Totana.
The talk was presented by Pedro Martínez Gómez Totana UI Councillor and Regional Manager of Economic Policy Formation Left.
Pedro Segura Artero, born in Lorca, a degree in Geography and History and Economics from the University of Valencia and a Ph.D. in Economics from the Autonomous University of Barcelona.
He was Professor of Economic History and Economic Thought at the University of Valencia and currently conducts research in the food economy CEBAS Murcia belonging to the Consejo Superior de Investigaciones Científicas (CSIC).
In his talk, Pedro Segura, began talking about the origins of the current economic crisis.
Faced with the trends that seek to portray it as a mere "financial crisis" and a "crisis of confidence", this crisis presents, in the opinion of Dr. Segura, classic profiles of the crisis of overproduction, typical of capitalist economies, plunging their roots in a cyclic period of depression that began about 1970, characterized mainly by the trend decline in the rate of profit and the diversion of capital into financial activities, real estate, etc., in the remarkably speculative, causing a downward spiral, reaching its limit, sworn to the economic system to a generalized crisis of similar dimensions to the crisis of 1929.
The talk will attempt to unravel the keys of the current crisis, its impact on our town and future prospects that open.
A rapporteur's view replicas of the international crisis will last several years and is going to show both domestically and in terms of Totana in increased unemployment and reduced consumption with an adjustment in production systems as well as adjustments in the financial system are the first to be taking place.
He also discussed the special rapporteur of the case mix of our country and region in which the housing bubble will make the adjustment of financial imbalances should be slower to be absorbed current housing surplus stood at more than one million in whole of Spain.
Pedro Segura finally elaborated on the effects of the crisis in municipalities like Totana in much of the revenues have also relied on the construction sector.
The general situation of these municipalities and very particular failure of Totana is large fiscal deficits that will limit the ability of these institutions to cope with the crisis and to limit also benefits the city so far carried out.
