The German debt blindspot in the European crisis
The postwar German debt experience should inform a spirit of co-operation and goodwill today.
A Marshall plan for Europe—or a Draghi plan?
Decades of neoliberal inculcation have deprived the political class of the historical memory needed to derive the new Marshall plan today’s crisis demands.
How Law and Justice (mis)used the pandemic to dismantle social dialogue in Poland
With the independence of Poland’s judiciary already compromised, the autonomy of social partnership has become the latest target of the ruling populists.
China’s political system and the coronavirus
Branko Milanovic explores how the pandemic has highlighted China’s international responsibility and how such global ‘externalities’ are to be rendered accountable.
The coronavirus crisis and a euro area contained—in a prisoner’s dilemma
As the eurozone faces into a deep recession, a transparent prisoner’s dilemma is preventing it from stopping the slide.
Solidaristic, social and sensible—reflections on progressivism for today and when tomorrow comes
The future of social democracy has been a perennial debate but the coronavirus crisis has provided a shock: progressive politics will not be the same again.
The new role of monetary policy in the Covid-19 crisis and its climate application
What the US central bank has been doing to address the coronavirus crisis is precisely what is needed to tackle climate change.
Artificial intelligence: made by men for men?
AI might seem neutral and technical but it poses a differential challenge to female jobs and can be imbued with insidious gender biases.
EU-wide inequality is back to pre-crisis levels
After almost a decade, EU-wide inequality finally regained its previous low of 2009 due to relatively strong growth in the poorer member states between the Baltic and the Balkans.
Resilience in the corona crisis—strongest where workers enjoy collective power
It may not have been thought of as an antidote to the coronavirus but collective bargaining is protecting workers’ health and security against its ravages.
Building resistance: a rights-based, holistic approach against Covid-19
Human rights, including social and economic rights, may seem to some a luxury during a crisis. But that is when they are needed most.
‘Corona bonds’ and Europe’s north-south divide
The Eurogroup’s decision to reject corona bonds will leave destabilising political scars.
Not (yet) up to the task: how eurozone members are gambling away post-Covid economic recovery
The Eurogroup needed a highest-common-factor agreement to match the coronavirus crisis but intergovernmentalism left it with the lowest common denominator.
Eurobonds: why they are needed, how they would work
By Einstein’s purported definition, madness would be repeating the errors of the eurozone crisis and expecting a different outcome—eurobonds would break with that.
EUR-bonds in the corona crisis and beyond
Eurobonds are needed to anchor macroeconomic stability and offer a safe path out of the coronavirus storm.
Capitalism’s triple crisis
After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery.
Capitalism’s mirror stage: artificial intelligence and the quantified worker
As AI enters the workplace, we need to reflect upon the criteria by which human work is evaluated and human subjectivity depicted.