It is a paradox: the centre-right and centre-left parties with their neo-liberal policies have lost democratic credibility and have opened the gates to the ultra-right and fascist parties. These same political elements are now supposed to defeat this threat to Europe? As Owen Jones explains, only the left can do that.
EU politics
Decode 39: The EU designates the IRGC as a terrorist organisation, driven by Italy’s push
The European Union has added the IRGC to its list of terrorist organisations following Iran’s crackdown on protests, marking a major political turning point. The unanimous decision reflects a push led by Italy, subsequently embraced […]
Economics
Charles Hugh Smith: The Fed’s Grand Bargain Has Finally Imploded
Well worth a read: The Fed, the asset bubble, and the end of capitalism as we know it. Or maybe just another doomsday blog. Read here
Economics
Xilu Chen, Pei Guangyu, Zheng Michael Song, Fabrizio Zilibotti: Tertiarisation like China
China is currently undergoing a rapid tertiarisation process, with its service industries growing as a share of GDP at the expense of both agriculture and manufacturing. This could be a bad omen for future growth. […]
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