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Tag Archives: Europe

The Ukraine war and Europe’s deepening march of folly

In her book The March of Folly: From Troy to Vietnam, the historian Barbara Tuchman explores the perplexing question of why countries sometimes pursue policies that are fundamentally contrary to their own interests. That question has acquired renewed relevance as Europe has now enlisted in a deepening march of folly over Ukraine. Failure to reject […]

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Employment growth in Europe. Stark differences.

Eurostat published new data on employment in Europe. Average employment growth is +0,9%. The average hides stark differences. A Germany-centered core consisting of Germany, Austria, Sweden, Estonia, Finland, and Hungary shows declines. Surprisingly, it excludes Denmark, Belgium and the Netherlands. The South does better. Countries like Portugal, France, Greece, and, especially, Spain post above-average increases. But unemployment in these countries is still high (over 5%), even when EU...

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Neoliberalism and the Drift to Proto-Fascism: Political and Economic Causes of the Crisis of Liberal Democracy

Neoliberalism is a political economic philosophy consisting of two claims, one economic and the other political. The economic claim is laissez-faire is the best way to organize economic activity as it generates efficient outcomes that maximize well-being. The political claim is free markets promote individual liberty. This article argues both claims are problematic. The evidence […]

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Ukraine’s Hiroshima moment is drawing closer (the consequences of Neocon madness)

In August 1945, the US atom bombed the Japanese cities of Hiroshima and Nagasaki. Since then, nuclear weapons have never been used in conflict. That may soon change as Ukraine faces the increasing likelihood of a Hiroshima moment. Conditions in Ukraine increasingly give Russia military and geopolitical cause to use tactical nuclear weapons. Though Russia […]

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Europe’s foreign policy has been hacked and the consequences are dire

Europe’s foreign policy has been hacked and captured by US Neocon interests. That capture poses a dire threat to both European democracy and global security. The threat to global security is because Europe is now captive in the US Neocon war on China and Russia. The threat to democracy comes from European voters gradually intuiting […]

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The corruption of US foreign policy & weaponization of antisemitism

Below are three brilliant articles and one interview that help understand geopolitics at the beginning of 2024. In my view, they should be read by anyone interested in the geopolitical situation & should be required reading for students of international relations and international political economy: US Foreign Policy is a Scam Built on Corruption, Jeffrey […]

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Deglobalization, conflict, & the self-inflicted threat to democracy: consequences of US imperial over-reach

Because of the seriousness of the world situation, I have decided to get back in the business of doing interviews (which I do not enjoy doing). Here is a link to my interview (13/12/2022) on RT CrossTalk discussing “New Globalization?” In that connection, here is a link to a paper (written in 2018) titled “The […]

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The false promise and bitter fruit of Neoliberalism: political economic disembedding, cultural transformation, and the rise of proto-fascist politics

Neoliberalism is a political economic philosophy that consists of two claims, one economic and the other political. The economic claim is free market laissez-faire economies are the best way to organize economic activity as they generate efficient outcomes that maximize well-being. The political claim is free market economic arrangements promote individual liberty. This paper argues […]

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