In my contribution I will try to highlight, first of all, which are the effects of financialization process on local governments all over Europe. Why do I suggest adopting this perspective too, among the others? Because it is relevant for our search for alternatives to the dominant “crisis management” and to the current austerity policies. Let me look back to the beginning of this century: in the global movement against the neoliberal globalisation, following the experiences of Porto Alegre and other Latin-American cities More