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Talking about pension policy, we may instantly mention a situation that is similar to this one: year after year, a professor asks the same question, but he changes the answer. The need for serious reform does not tell us anything about which reforms should be undertaken in a particular country. This article attempts to present the impact of the recent crisis on the pension system and briefly signify the main problems. The situation we encountered in recent years had already warned us of the instability of the pension system. Pension policy in this paper is used as an example because the crisis and pension policy of today have at least one thing in common -- unstable foundation that eventually will lead to bigger problems. In the context of shock and a bad financial situation, the system will be confronted with financial loads in both short-term and long-term periods. Considering the presence of global crisis sentiment, that has assumed a higher proportion by now, many countries have begun to implement some unpopular measures of pension reform. It is necessary to emphasize the long-term results and consequences of these reforms, but also to eliminate the misconception that they can completely solve the current problems. Adapted from the source document.

Talking about pension policy, we may instantly mention a situation that is similar to this one: year after year, a professor asks the same question, but he changes the answer. The need for serious reform does not tell us anything about which reforms should be undertaken in a particular country. This article attempts to present the impact of the recent crisis on the pension system and briefly signify the main problems. The situation we encountered in recent years had already warned us of the instability of the pension system. Pension policy in this paper is used as an example because the crisis and pension policy of today have at least one thing in common -- unstable foundation that eventually will lead to bigger problems. In the context of shock and a bad financial situation, the system will be confronted with financial loads in both short-term and long-term periods. Considering the presence of global crisis sentiment, that has assumed a higher proportion by now, many countries have begun to implement some unpopular measures of pension reform. It is necessary to emphasize the long-term results and consequences of these reforms, but also to eliminate the misconception that they can completely solve the current problems. Adapted from the source document.

In this article, the author relates the role of money & finances with the basic structuring of social relations. Money is the only universal form of social wealth, its measure & its meaning. Up to the present, however, the economic theory has been underestimating & overlooking money's politico-economic role. This is revealed most radically in periods of major financial & economic crises. Consequently, the author points out that today's economy of depression often depresses the economists themselves & their science. Bidet's theory of modernity, along with Habermas's, is the last large-scale attempt at theoretical explanation of the social totality, but his theoretical reconstruction of society by means of underlying "metastructures" is based on non-financial & non-monetary forms of social mediation. In contrast, the author of this article seeks to prove that precisely money & finances belong to the central metastructure of market society. What is important here is not only the subversive role of money as the monopoly-holding & political good in the exchange, but also its financial form of debt, resulting from the particular social role of debt accumulation. Society is connected with debt accumulation, & the economic sovereignty of money is its political legitimacy as debt. Therein lies its sociality, the foundation of underlying communication & of cooperation as metastructure of market society development. The present-day crisis has propelled the debt accumulation problem to absurd levels. It has brought to light that the greatest contradictions of today's market society are based on the economic & social globalization of finances. Contemporary capitalism is a genuine financial capitalism, which is why there can be no solution without a politico-economic & cultural reconstruction of the monetary regime & of financial economy. Accordingly, the author shows that the solution to the current economic crisis points precisely to the "metastructure" of market society. Adapted from the source document.

The actual recession/depression is a radicalized continuation of a cyclical forty years long transformational slowdown of growth through basically stagnant fluctuations. With this slowdown is connected a serial of controversial, crisis-generating & finally unsuccessful general politics- & policy-change unprecedented in the contemporary world. An analysis of the societal history through sequences of developmental counterpoints & through the logic of great societal, political-economic & political cycles demonstrates that causes of cyclical economic & societal movements in general, & of actual stagnation & crisis especially, are mostly noneconomical. They are mainly political. In short, their political foundation is in a radical actual & previous change in the equilibrium of a dynamic tendency of the modern political space. This equilibrium is here called "modern normal." The modern normal (MN) is for us a tendentional space/structure of equilibria in the middle of (1) the political, (2) the personal/individual, (3) the whole world space, & (4) the space of the state/society. The actual kind of that disequilibrium or denormalization of modern normal indicates a process which is usually called totalitarian. In our actual case, the focal point is moved toward financial corporations as pseudo-statal regulators of economy, politics & society. Here, this is the Matrix-capitalism as a feedback of an urban legend & an analytical pattern. Generally, in the long run it is also a process of denormalized or bad & unsuccessful public- & business-policy, especially as development-, growth- & transformation-policy. This Matrix-capitalism, which is dominated by global financial corporations, is developing itself in a cyclically denormalised tendentional space/structure between: (1) the unpolitically "economical," (2) the unindividually "personal," (3) the unwholly "global," & (4) the unstately, unsocially, & anti-economically "denational." The Matrix-capitalism is functional only in a virtual world of ideologized economics & casino-business operations with derivatives etc. Cyclically interfaced with economic, social, cultural, political, personal, & national/world's reality, Matrix-capitalism will every time be more unsustainable even for its mega-corporative core. Adapted from the source document.