The left-wing party’s embrace of austerity created the conditions for a parasitic and cruel oligarchy to return.
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Yanis Varoufakis: How Syriza’s capitulations allowed the Greek right to escape the dustbin of history
Economics
Eurostat: EU international trade in goods deficit €45.8 bn
The first estimate for extra–EU exports of goods in September 2022 was €232.0 billion, up by 24.0% compared with September 2021 (€187.1 bn). Imports from the rest of the world stood at €277.8 bn, up […]
Economics
DeStatis – German Recession: New orders in manufacturing in January 2025: -7.0% on the previous month
New orders in manufacturing: January 2025 (in real terms, provisional): -7.0% on the previous month (seasonally and calendar adjusted) -2.6% on the same month a year earlier (calendar adjusted) December 2024 (in real terms, revised): […]
Economics
Jason Hickel, Dylan Sullivan: Capitalism, Global Poverty, and the Case for Democratic Socialism
Over the past several years, a new narrative about global poverty has become entrenched in mainstream discourse. It holds that extreme poverty—a condition of absolute deprivation associated with severe calorie and nutrient deficiency and an […]
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