It is increasingly clear that the resolution of the climate challenge will not be possible without a strong movement in the direction of the compression of social inequalities at all levels.
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Austerity
Bill Mitchell: Eurozone fiscal rules bias nations to stagnation – exit is the remedy
The big motor is fiscal policy and because of the flawed design in the Eurozone it is dysfunctional in the extreme. Central bank policy shifts can do little to counter the damage that fiscal austerity […]
EU politics
Vila Web – Spain: Catalan President accused of criminal disobedience for not removing yellow ribbons
Just when you think the Spanish Social Democrats have run out of ideas to repress democracy, they prove us wrong. Read here
Economics
Dani Rodrik: Why nation-states are good
The nation-state remains the best foundation for capitalism, and hyper-globalisation risks destroying it Read here
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