Tuesday, Feb 7th 2012
The magnitude of the blow suffered by the UK economy since the beginning of the financial crisis is very considerably minimized by not presenting it in terms of a common international yardstick. Gauged by decline in GDP, using a common international purchasing measure, dollars, no other economy in the world has shrunk even remotely as [...]
Given the onset of a renewed round of the international financial crisis it is useful to draw together its various elements in an analysis of its overall determinants, its course, and the policies necessary to deal with it. This is the aim of this article.
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For the second time in three years almost all [...]
The Government has got itself into a bit of bother over this whole pension levy lark. But the complaints from the pension industry are a bit hard to take. In this regard, contributions from two leading pension experts - Gerry Hughes and Jim Stewart - are worth noting. [...]
Paper proposes replacement of blanket bank guarantee with guarantee for deposits only
‘Extend and pretend‘ strategy should be used to avoid paying Anglo promissory notes
“Ireland can no longer afford ‘zombie banks’, which are preventing our economy from recovering” - O’Connor
Equality think-tank TASC today launched ‘The Debt [...]
This article was originally published in China.org.cn. It is being republished here with the kind permission of the author.
Discussions between China and the European Union (EU) have speeded up during 2011. To take just the most recent events, the second China-EU Strategic Dialogue was held in Hungary on May 12-15. European Council President Van Rompuy [...]
Hara Kouki of Critical Legal Thinking on Greece’s Doomed Generation…..
“Young people in Greece can no longer make ordinary life choices: they cannot plan for the present, let alone for the future. But they are told – and many of them feel – that they can’t complain. They belong, after all, to a doomed [...]
Hugh Green of Punishment of Sloth provides some very helpful detail on the ¡Democracia Real YA! campaign in Spain, which saw a massive 50 city-wide demonstration last Sunday (May 15th).
He also compares the nature of the various Irish campaigns with the emphasis of ¡Democracia Real YA!
“The post-crisis ‘civil society’ initiatives -whilst differing in scope and [...]
Yanis Varoufakis | On the Political Economics of Dominic Strauss Kahn’s Political Death
Yanis Varoufakis on the political ‘death’ of DSK. Varoufakis quotes DSK in a BBC Radio 4 interview broadcast in Jan 2011 where the (soon departing?) MD of the IMF supported Keynes’ recommendation of a Surplus Recycling Mechanism (SRM) to the 1944 Bretton [...]
If one were to identify successful revolutionaries in crisis-ridden Europe, the European Commission would be a strong candidate. And it’s not social justice and democracy they have at heart, writes Kenneth Haar of Corporate Europe Observatory. This article was originally commissioned for May Day International.
“What is going on is a silent revolution - a silent [...]
Following the Tsunami that hit the Irish economy, Professor Leo Panitch provides an analysis of the causes and consequences from a Marxist perspective.
Leo Panitch is the author of many books, including the recent In and Out of Crisis and Renewing Socialism and is a Distinguished Research Professor at York University. He also co-edits the Socialist [...]
