European Debt Crisis? You Ain’t Seen Nothing Yet!

March 13, 2011 at 05:31 (Austerity, Crisis of Capitalism, Global Finance, Speculation) (, , , , , , , , , , , , , , , , , , )

In the wake of the Greek and Irish crises last year, analysts predicted that the collapse of the eurozone might become the big story of 2011. But while our neighbors in North Africa and the Middle East have burst into full-blown revolution, all appears to be quiet on the Western front. Or does it?


Read the rest of this entry »

Permalink 2 Comments

Europe in Crisis, Part II: China to the Rescue?

February 26, 2011 at 09:54 (Austerity, Climate Change, Crisis of Capitalism, Global Finance, Renewable Energy) (, , , , , , , , , , , , , )

With the European periphery reeling on the brink of collapse, an unlikely friend has turned up offering financial assistance to those in need. What does the sudden arrival of this mystery buyer of European debt tell us about the relative decline of Europe and the rise of Asia? Should we be worried about the loss of European hegemony, and if so, is there anything we can do to stop it?

Read the rest of this entry »

Permalink 2 Comments

A Bourgeois Coup d’État? Marx on Wisconsin

February 24, 2011 at 19:23 (Austerity, Crisis of Capitalism, Politics, Resistance) (, , , , , , , , , , , , )

The workers uprising in Wisconsin has been going strong for a fortnight and is starting to spread across the region. Which made me wonder — what would our chubby old German friend have had to say about the Republican war on the unions, had he still been alive today?

Read the rest of this entry »

Permalink Leave a Comment

Europe in Crisis, Part I: The Age of Austerity

February 18, 2011 at 06:49 (Austerity, Climate Change, Crisis of Capitalism, Global Finance, Renewable Energy) (, , , , , , , , , , , , , )

Europe is in crisis. The Age of Austerity has begun and the old political rules are being re-written. Where are we headed in the coming months and what can we do to overcome the two greatest challenges of our time? Over the next two months, Breakthrough Europe will be addressing these pertinent questions in a series of analyses that aims to break new ground in the debate on Europe’s future.

Read the rest of this entry »

Permalink 4 Comments

2010-’11: From Austerity to Collapse?

December 30, 2010 at 09:04 (Austerity, Crisis of Capitalism, Politics, Resistance) (, , , , , , , , , , , , , , )

Now that the world’s various stimulus packages have been exhausted and the Age of Austerity is in full swing, troubling signs — both political and economic — are emerging that the worst of the crisis is yet to come.


Read the rest of this entry »

Permalink 3 Comments

Follow

Get every new post delivered to your Inbox.

Join 39 other followers

%d bloggers like this: