New Book: Beyond Defeat and Austerity – Disrupting (the Critical Political Economy of) Neoliberal Europe

By David J Bailey, Mònica Clua-Losada, Nikolai Huke, Olatz Ribera-Almandoz. From Routledge: Much of the critical discussion of the European political economy and the Eurozone crisis has focused upon a sense that solidaristic achievements built up during the post-war period are being continuously unravelled. Whilst there are many reasons to lament the trajectory of change … More New Book: Beyond Defeat and Austerity – Disrupting (the Critical Political Economy of) Neoliberal Europe

On Venezuela, Democracy, Violence and Neoliberalism

By Matias Vernengo, In Argentina, the right-wing neoliberal agenda eventually dislocated the Kirchner governments in the ballot (when Cristina was not a candidate I should add), but it basically needed to lie about its intentions. Macri said he would not devalue the currency (and reduce real wages), that he would not cut the tax on … More On Venezuela, Democracy, Violence and Neoliberalism

On the Venezuela Crisis

What’s the future of Venezuela and can the country handle this crisis? A panel discussion by the following: Michael Shifter, president of the Inter-American Dialogue Jennifer McCoy, director of the Carter Center’s Americas Program. Mark Weisbrot, co-director of the Center for Economic and Policy Research George Ciccariello-Maher, an associate professor at Drexel University    

Greece has a Private Debt Crisis and We Can Blame the Troika

By Lara Merling, The Greek public debt debacle and the bailout received by the government from the European Central Bank (ECB), the European Commission (EC), and the International Monetary Fund (IMF) – referred to collectively as the “troika” – has been making headlines for years. However, very little attention has been paid to the debt … More Greece has a Private Debt Crisis and We Can Blame the Troika

Reform or Revolution: European Social Democracy and the Roots of the Eurozone Crisis

Pt. 3 of “European Social Democracy and the Roots of the Eurozone Crisis;” see Part 1 here and Part 2 here. By Alejandro Reuss, A deep crisis of global capitalism, its seeds sown in part by a dramatic deregulation of finance, Wolfgang Münchau of the Financial Times notes, would seem tailor-made for a revival of … More Reform or Revolution: European Social Democracy and the Roots of the Eurozone Crisis

The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class

By Servaas Storm, The Great Financial Crisis of 2008 deeply scarred the U.S. economy, bringing nine dire years of economic stagnation, high and rising inequalities in income and wealth, steep levels of indebtedness, and mounting uncertainty about jobs and incomes. Big parts of the U.S. were hit by elevated rates of depression, drug addiction and ‘deaths … More The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class