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Tag Archives: DiEM25

Last night Julian Assange called me. Here is what we talked about

Last night, immediately after our first DiEM25 TV event, my phone rang. It was Julian. From prison. It was not that first time that he honoured me deeply by using the few phone calls prison allows him to make to call me. Like every other such occasion, when I unexpectedly recognise his voice a torrent of emotions comes flooding in. Guilt, primarily, at the thought that, the moment the line is disconnected, he...

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Monetising misery & the future of capitalism – ABC Radio National, BIG IDEAS program

Enormous global corporations and financial institutions are now, some say, more powerful than governments. Rules that once constrained and regulated capitalism have gone. And when their power causes massive destruction, the captains of Big Capital find ways to profit from the destruction. So, is modern capitalism, itself, a threat to capitalism? Or will corporations always...

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The Eurogroup fails Europe once again. Brace for a hideous EU recession

The Eurogroup met yesterday, Monday 16th March, to hammer out its coordinated fiscal response to the massive recession already in progress following the lockdown of much of Europe’s society. The task they faced is enormous: If sales, tourism, services etc. fall by 50% for just one month (which is certain), and then by 25% for only two more months (i.e. the best-case scenario), then annual growth will be -10%....

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EUROLEAKS: Letting light in to how crucial decisions are made (or not) in the EU

On March 14, for the first time, European citizens will be able to take a front seat in the meetings where their future is decided: DiEM25’s #EuroLeaks will take YOU inside the Eurogroup that has no standing in law, but where the most far-reaching decisions about all our lives are made. WHY AND WHY NOW? – Because YOU have the right to hear what YOUR elected officials are deciding in YOUR name. Democracy without...

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Yanis Varoufakis: “Syriza Was a Bigger Blow to the Left Than Thatcher” – JACOBIN

Former Greek finance minister Yanis Varoufakis told Jacobin why he’s publishing his secret recordings of the critical Eurogroup meetings of 2015 — and why the Left around Europe is struggling to overcome Syriza’s disastrous legacy. Yanis Varoufakis during his speech in Hellenic Parliament. Dimitrios Karvountzis / Pacific Press / LightRocket via Getty INTERVIEW BY George Souvlis When Syriza was voted out of...

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Climate change is capitalism’s Waterloo – IRISH EXAMINER

Steven Mnuchin’s snide remark about teenage climate activist Greta Thunberg at this year’s World Economic Forum meeting in Davos outraged liberal commentators. US treasury secretary Mnuchin, responding to Thunberg’s call for an immediate exit from fossil fuel investments, said that she should go to college “to study economics” before “she can come back and explain that to us”. Two days earlier, Trump had referred...

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Brexit: A rational choice for the wrong reasons? – Financial News & Project Syndicate

The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often are brought about for all the wrong reasons. UK Prime Minister Boris Johnson’s...

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