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This tag is associated with 101 posts

Unravelling the spin: a guide to corporate rights in the EU-US trade deal

This week saw the start of the first round of negotiations for a far-reaching transatlantic trade deal. In the face of growing opposition to plans for expanded corporate powers in the proposed pact, the European Commission is trying to dispel concerns with propaganda. See through the rosy PR with Corporate Europe Observatory’s guide to investor-state … Continue reading

Spain’s bad banking joke

Despite an infusion of tens of billions of euros funded by citizens now left with huge debts and a downsized welfare state, Spain’s nationalised banks are providing fewer loans to the credit-starved economy than private lenders. It’s all a very bad joke, says Vicente Clavero If something clearly reflects the huge bad joke being played … Continue reading

The political battle for full employment

By Juan Torres Lopez 70 years ago a very important Polish economist, Michal Kalecki, published an article (Political aspects of full employment) that I think has a great relevance today, particularly this May Day. Kalecki started out by recognizing that when he wrote that a substantial majority of economists believed that, even in a capitalist … Continue reading

Portugal’s Socialist Party, between illusion and cowardice

Portugal’s Socialist Party is now 40 years old. But what happened to the ‘socialism’? asks Joao Mineiro The socialist party, founded in April 1973, has transformed itself its a strange thing called “democratic socialism”, a kind of third way, in which the project of the socialization of the economy, building the popular movement and the ambition … Continue reading

Italy’s centre-left is dead, long live the Italian Left!

The ‘grand coalition’ between the Democratic Party and Berlusconi’s right-wing  People of Liberty party means it’s time to say goodbye to the ‘centre-left’ and hello to a new Italian Left, says Marco Sferini. For the first time after the death of the Christian Democrats and the Italian Communist Party , the bourgeois forces find themselves politically … Continue reading

The suicide of Italy’s Democrats

In the wake of this weekend’s Presidential election fiasco, the Italy’s Democratic Party is in complete turmoil. But the causes of the decline of Italy’s ‘centre left’ – which in a series of incarnations since the dissolution of the once mighty Italian Communist Party in 1989-91, now also incorporates the communists’ historic rivals, the christian … Continue reading

Eurozone: A step closer to the precipice

Why Merkel has no choice to pursue austerity in Europe, despite its catastrophic social and economic consequences. And to save Europe, the Eurozone must be ditched. By Jacques Sapir  Thanks to the combined effect of austerity policies, the Eurozone is sinking into crisis. Yet never have debates on economic policy been so intense. Political leaders, both Germany … Continue reading

Italy’s Presidential vote deepens Bersani’s woes

Things are not going at all well for Italy’s centre-left leader Pier Luigi Bersani. Once clear favourite to replace Mario Monti as prime minister, he’s now fighting for his political survival.  Parliamentary elections in February denied his alliance enough votes to govern alone and the upstart Five Star Movement led by comedian-blogger Beppe Grillo rejected offers … Continue reading

Why Hollande’s plans on tax havens and dodgy politicians aren’t good enough

French President Francois Hollande, facing a major popularity crisis following two major tax scandals involving a minister tasked with cracking down on tax evasion, and very senior aide who was treasurer for his presidential campaign, announced Wednesday a number of measures to address tax dodging and the dodgy financial dealings of politicians. But, as French … Continue reading

Structural adjustment or…. Ecosocialism

By Victor Quintana Like medieval plagues, structural adjustment programmes implemented through southern Europe economies are destroying families, trampling on social rights, eliminating jobs, and making life precarious. Burying the hopes of the populations are the political parties that rotate in equal doses in one failed government after another. Given the right-wing and social democratic alternance … Continue reading

Italy: Business as usual (actually it’s even worse)

By Francesco Piobbichi Business as usual. European Central Bank Mario Draghi was the real election victor and his victory will allow him to run the country for another six months, on autopilot . The autopilot Draghi was talking about is nothing other than the set of rules laid down by the treaties (Fiscal Compact) recently … Continue reading

François Hollande – distant from popular expectations

IN THE RADICAL PRESS / HUMANITE During the interview with TV station France 2, François Hollande did not indicate the slightest flexibility in his political course despite strong dissatisfaction among the working class and the left electorate. Pascal Cherki, the socialist deputy of Paris, who had hoped that the President would “change gear” was not … Continue reading

Poverty scares us, but inequality outrages us

By Edmundo Fayanas Escuer Spanish Caritas has just published a new report (FOESSA) with data for 2012. The outlook is bleak and should mark a turning point for us all to do something to end this social disaster caused by these neoliberal policies imposed by the European Union and which here in Spain are executed … Continue reading

The austere roots of Nazism and fascism

Europe today is facing, on the one hand, the rise of  “apolitical” technocratism, and on the other, right-wing authoritarian government. The Continent needs a democratic alternative, or else we are heading towards a disaster that will bring enormous suffering to the popular classes in the name of the ruling financial and economic elites, says Vincent Navarro … Continue reading

Bersani, Berlusconi and another Italian inciucio?

IN THE RADICAL PRESS / MICROMEGA Paolo Flores d’Arcais Today, Saturday, March 23, there will be two piazzas in Rome, two ways of understanding politics, two Italies. In Piazza del Popolo, there will be Berlusconi supporters, devoted to immeasurable wealth and financial and media power, motivated by contempt for the Constitution of the Republic that … Continue reading

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