On March 6, the Special European Council saw 27 leaders of the European Union discuss the Russia threat and promote a strategic vision of disconcerting militarism. European Commission President Ursula von der Leyen had announced two days earlier that Europe had to spend more and indulge its various arms industries with greater attention than before. The ReArm Europe plan entails various measures intended to free up to EUR 800 billion in defence funding. This will entail something distinctly at odds with the standard EU mantra on balanced budgets: using the escape clause of the Stability and Growth Pact to bypass the Excessive Deficit Procedure.
Austerity
Chris Dillow: CONSERVATIVES & AUSTERITY
Austerity is a weapon in class warfare. Chris Dillow ponders “why are Conservatives so supportive of such austerity?” His hypothesis is: Fiscal austerity is needed in order to maintain the “natural” hierarchy in which the […]
Climate Crisis
DeSmog UK: Investigation: The Problem with Big Oil’s ‘Forest Fever’
Elon Musk, Greta Thunberg, Rishi Sunak, Donald Trump — trees suddenly have an eclectic mix of fans, all drawn to the apparent simplicity of their carbon-locking power. Now Big Oil has joined the party, in […]
EU politics
DW: Germany – Berlin to freeze rents for five years
As voters are flocking to the far-right party Alternative for Germany, the other political parties are realising that their neo-liberal policies have alienated voters. In Berlin hundreds of thousands of citizens have demanded this measure. […]
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