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Tag Archives: European Crisis

Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune – Project Syndicate op-ed

JOHANNESBURG – One of the most common mistakes European leaders make in interpreting US President Donald Trump’s hostility toward America’s traditional allies, or the alacrity of his administration’s efforts to blow up the international order, is to assume that all of this is unprecedented. Nothing could be further from the truth. To continue reading for free click here...

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The Open Letter sent to me in 2015 by Paolo Savona & Giulio Tremonti, two former Italian ministers, on reforms to the EU that they considered necessary

Rome, July 24, 2015To Yanis Varoufakis and Dominique Strauss-Khan Dear Yanis, dear Dominique, There is a place on earth that represents Europe’s very roots: Greece. Let us begin there. Athens, April 28, 1955. Albert Camus’ conference on “The future of Europe”.[1] On this occasion, participants agreed that the structural characteristics of European civilization are essentially two: the dignity of the individual; a...

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President Mattarella of Italy: From moral drift to tactical blunder

I concede that there are issues over which I would welcome the Italian President’s use of constitutional powers that (in my humble opinion) he should not have.(*)  One such issue is the outrageous policy of the Lega and the promise of its leader, Mr Salvini, to expel five hundred thousand migrants from Italy. Had President Mattarella refused Mr Salvini the post of Interior Minister, on the basis that he rejects...

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At the New School, discussing ‘Capitalism and the Present Moment in History’ with Will Milberg – 7 MAY 2018

[embedded content] On the day of this discussion/presentation, students and staff were occupying part of the New School as part  of a twin labour dispute: one regarding the cafeteria staff facing dismissal and partial re-employment under worse terns and a second dispute concerning low pay and lack of rights for student workers-TAs. It is in this context that I asked the New School’s...

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THE NATION: Yanis Varoufakis’s vision for a more democratic Europe – a review of ‘Adults in the Room’, ‘Talking to My Daughter About The Economy’ & ‘And the Weak Suffer What They Must?’ by Atossa Araxia Abrahamian

The idea of a unified Europe didn’t always elicit the current mixture of exasperation, boredom, and rage, in politicians and ordinary people alike. In fact, there was a time when the European Union seemed like a great initiative, especially on a continent ravaged first by two hot wars, then broken in half by a cold one. A permanent peace between neighboring nations founded on a common market and sealed with...

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Our new European party can unite Britain’s feuding Remainers and Leavers – by Yanis Varoufakis, Benoit Hamon (Generation-s), Luigi de Magistris (mayor of Naples), Rasmus Nordqvist (Alternativet); Rui Tavares, former MEP from Portugal (Livre); & Agnieszka Dziemianowicz-Bąk (Razem), op-ed in The Guardian

The European Union and the UK are on a cliff edge. Left to its Brussels-based establishment, the EU continues to turn against most of its people who, as a consequence, turn against Brussels. Meanwhile, facing an immensely damaging Brexit, the people of Britain are becoming despondent. This is the moment for British and continental progressives to forge a close alliance. Next year’s European parliament...

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LA STAMPA interview on the Italian election result (the original answers in English) – 9 MAR 2018

In this interview LA STAMPA sought my views on the outcome of the Italian elections. My original answers (in English) appear below. The gist? Italy’s election result is yet another example of the political centre’s implosion as a result of the establishment’s perseverance with failed, austerity-based policies, pretending that they were the solution to our continent’s systemic crisis. One thing is clear: A new...

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Was defeat inevitable? A review of Adam Tooze’s meta-review of ‘Adults in the Room’ [1]

To read one excellent review of one’s book is a joy. To read an engaging and deeply thoughtful review of different categories of reviews of one’s book is a rare privilege. Normally, I should have left matters there, enjoying the diversity of opinion that Adults in the Room engendered. But this is not an academic book whose work is done. Its subject-matter concerns really suffering people and a continent – Europe...

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