Austerity
Bill Mitchell – As you were Greece – remain in permanent depression – commitments are commitments!
Depressing reading, but as you would expect of Bill Mitchell, well documented. Read here
Austerity
Austerity
Ben Wray – Greece: Syriza’s Demise Shows the Left Shouldn’t Play the Warden in Debtors’ Prison
Syriza were the great hope of the European left, but surrendering to the Troika meant their election defeat was all but inevitable Ben Wray is CommonSpace editor and co-author of “What is Scottish Independence For?”, […]
Austerity
Yanis Varoufakis: How Syriza’s capitulations allowed the Greek right to escape the dustbin of history
The left-wing party’s embrace of austerity created the conditions for a parasitic and cruel oligarchy to return. Read here
Austerity
Bill Mitchell: ‘Sound finance’ prevents available climate solution with massive jobs potential
“The perfect match – tree planting and job creation” Read here
Austerity
Jonathan Cook – Britain: The Plot to Keep Jeremy Corbyn Out of Power
This may be long, but is simply an excellent political analysis. What is happening with Jeremy Corbyn is how a progressive candidate is attacked by mainstream media trying to discredit his reputation so that they […]
Austerity
Financial Post: Europe’s rise in temporary work contracts puts lives on hold
Nuno Mendes, a 40-year-old Portuguese worker lives on six-month contracts. He earns 1,200 euros a month. Banks won’t give him a mortgage. “Everything in my life is on hold — starting a family, making long-term […]
Austerity
Bill Mitchell: Reliance on monetary policy is mindless, ideological nonsense
Although the article is about the current economic situation in Australia, it is applicable to the EU. Read here
Austerity
Juan Laborda – Economic Orthodoxy: Responsible for the Next Spanish Recession (I)
In Spain a balanced budget, together with the combination of a fiscal surplus and current account deficit, would lead to a recession similar to that of 2008. This is supported by today’s PMI reading Juan […]
Austerity
Jorge Uxó, Nacho Álvarez – Can We Resuscitate Fiscal Policy in Europe?
The EU economy is going nowhere (nor the EU for that matter), which is the essence of reactionary politics – and Germany is certainly providing the EU with enough of that. On the other hand […]
Austerity
Bill Mitchell: The Greek colony remains in depression
“If one ever needed reminding of the colony status of the once magnificent Greek nation you just have to consider that statement. The EU institutions consider it appropriate that democratically-elected governments in the EMU should […]