Failing Union Of Capitalism And Democracy Fuels Rise In Inequality
Recent weeks have been all about elections and broken promises: from early April to mid-May, half-a-billion Indians went to the polls in what many described
Re-Winning Europe
The European Parliament election revealed the full extent of voters’ frustrations, discontent, and lack of confidence in both the European Union and their national governments.
How ‘Competitiveness’ Became One Of The Great Unquestioned Virtues
Widening economic inequality is the academic topic du jour, but the trend of growing wealth and income disparity has been underway for several decades. How
Why Is Capital In The 21st Century (C21C) Such A Success?
About a month ago — this is a true story — after a meeting of Economists Against Austerity, I hailed a taxi in Westminster (the
European Wage Depression Since 1999
Probably one of the most popular slogans of the entire European Semester is the catchphrase that wages should be aligned with productivity. The reason for
The European Elections, Politics And Inequality
Throughout most of our electronic exchanges we tackle the issue of the “self” as such, and its “production” as such, concentrating on the features all
Inequality And Post-neoliberal Globalisation
Only a crisis – actual or perceived – produces real change. When that crisis occurs, the actions that are taken depend on the ideas that
After The European Elections – How Will The EU Leadership Respond?
Following the dramatic results of the elections to the European Parliament, the focus now shifts to whether the European Institutions and governments are capable of
Angry Economics Students Are Naive – And Mostly Right
Students of economics are in revolt – again. A few years ago, even before the crisis, they established an “autistic economics” network. After the crisis,
Secular Stagnation And The Road to Full Investment
A specter is haunting the treasuries and central banks of the West – the specter of secular stagnation. What if there is no sustainable recovery
After The Swiss Minimum Wage Referendum
On 18 May 2014, Swiss voters clearly rejected the popular initiative for the introduction of a statutory national minimum wage of CHF 4000 per month
The ECB’s Troubling Future Policy Conundrum
In the German Constitutional Court ruling on the Outright Monetary Transactions (OMT) programme by the European Central Bank (ECB), judges said they were “inclined to
Piketty And The Zeitgeist
I get the same question these days wherever I go and from whomever I meet: What do you think of Thomas Piketty? It’s really two
Where Now After Ten Years Of Eastern Enlargement?
The ‘Eastern enlargement’ in May 2004 opened the EU’s doors to ten countries. Of these, the four Visegrád states, the three Baltic countries and a
Scotland And Oil: Avoiding A Disastrous Precedent
In September the Scots will vote on secession. For decades, the key slogan of the Scottish Nationalist Party has been ‘Its Scotland’s oil’. Yet this
How To Combat Inequalities Produced By Global Capitalism
Rising inequality is one of the most salient issues in global and European politics. Guy Standing writes that what we have witnessed in recent decades is not
Europe’s Underappreciated Success: 10 Years Of Post-Enlargement Convergence
On May 1st 2004 ten countries joined the EU in the biggest enlargement of the Union to date. Moreover it was a step heavy with