When the Great Depression followed the 1929 stock-market crash, almost everyone acknowledged that capitalism was unstable, unreliable, and prone to stagnation. In the decades that followed, however, that perception changed. Capitalism’s post-war revival, and especially the post-Cold War rush to financialised globalisation, resurrected faith in markets’ self-regulating abilities. Today, a long decade after the...
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[embedded content] For the whole podcast (that includes summaries of my answers in German), click here. For the English part only click here.
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In der Nachspielzeit, die “Tagesthemen” warten schon, darf Christian Lindner noch einmal seinen Tweet zu den “Profis” erläutern, denen die Sache mit dem Klimawandel überlassen werden müsste. Wer schlechte Zähne habe, der gehe ja auch zum Zahnarzt. [VIDEO LINK] Schon freut sich Lindner über seinen späten Punkt, da umdribbelt plötzlich Yanis Varoufakis eine bereits auf glühenden Kohlen sitzende Anne Will und taucht...
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A l’approche des élections européennes, le Printemps européen, coalition transnationale de partis de gauche, présente un programme social et écologique pour dépasser le clivage entre populistes et libéraux. Avec des propositions concrètes : plan de transition écologique de 500 milliards d’euros annuels, Assemblée constituante, fonds citoyen financé par les Gafa… Yánis Varoufákis pour un New Deal européen...
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The 2008 global financial crisis—the modern 1929 crash—set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology that had legitimized the EU’s oligarchic technocracy had plunged millions into misery,...
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The European Union Court today delivered its verdict: European citizens cannot be allowed to find out whether the ECB acted legally in closing down Greece’s banks in June 2015. Why? In the wording of the three judges, because such disclosure would affect the ECB’s “space to think in 2015 and also after 2015”. If this sounds like an Orwellian decision, it is because it is an Orwellian decision. On 29th June 2015...
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The European Union is fragmenting at a time when Europeans need it the most. Emmanuel Macron is right to point this out. But he is wrong to push another top-down agenda that lacks credibility, fails to speak to European’s concerns, and entrenches the democratic deficit at the heart of the EU. By entrusting Europe’s renewal to its unaccountable bureaucrats, Macron’s programme will only deepen the discontent that...
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[embedded content] Here is a selection of what the press had to say about this debate: Berliner Zeitung: https://www.berliner-zeitung.de/politik/rnd/-anne-will–zu-europa-beatrix-von-storch-haelt-emmanuel-macron-fuer-einen–loser–32199838 BILD: https://www.bild.de/politik/inland/politik-inland/anne-will-in-der-ard-afd-frau-beatrix-von-storch-beschimpft-macron-als-verlierer-60594026.bild.html...
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Thomas Piketty recently criticised DiEM25’s New Deal for Europe for relying on new debt, rather than new taxes, to fund green investment. James K. Galbraith and Stuart Holland (my long time collaborators on the New Deal for Europe and the earlier Modest Proposal on which it was founded) have now replied to Piketty’s critique (see here and here). For convenience the reader can find in one place (i.e below): (1)...
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The 2008 global financial crisis — the modern 1929 crash — set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology that had legitimised the EU’s oligarchic technocracy had plunged millions into misery,...
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Heterodox
