The question is when will Brussels seeks to reinstate the Stability and Growth Pact.
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Economics
DeStatis – 2023: German Expenditure on social welfare radically reduced
Share of expenditure on social welfare below the pre-corona level (2019: 45.2 %) and the long-term average (1991-2023: 41.7 %) Share of expenditure on economic policy has more than doubled since 2019 to 21.9%; only […]
Economics
Mariana Mazzucato: Who Really Creates Value in an Economy?
Ten years after the global economic crisis, profits have recovered, but investment remains weak. Ultimately, the reason is that economic policy continues to be informed by neoliberal ideology and its academic cousin, “public choice” theory, […]
Austerity
Paul Mason: Neoliberalism is a real economic model – here’s how the left can overturn it
The replacement of a hyper-financialised system will require a radical reshaping of the state, new national and global institutions, and new treaties. Read here
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