The mainstream debate on core and periphery should not distract us from the really important questions on the causes and the causers of the crises and on how ruling policy deals with them. In this context we shall have to take note of the fact that the term “peripherisation” cannot adequately express the real challenges we face. More
This paper examines the dismantling of labour market institutions in Greece along neoliberal imperatives that was explicitly imposed by the loan conditionality of the IMF/EU/ECB adjustment programme. The mainstream public and academic discourse presents Greece as an exceptional isolated incident or a Greek disease where harsh adjustment was required to save the country from bankruptcy. Failing, to elucidate the structural aspects and the contradictions underlying the capitalist crisis, mainstream accounts also obscure the true nature, the aims and the implications of the labour market restructuring ongoing in Greece. More
1) The hypothesis laid out in this paper is that a new turn in the international economic and geopolitical situation took place in the last months. On the economic side, not only it appears that the finance capital’s social and economic power has not been seriously dented by the new regulatory framework under way in different countries, but that it goes on thriving on the global bleak macroeconomic situation. Through the last years, mainstream economists’ main concern was EU deflation, a code name for depression. More
In the face of the austerity-induced depression of the domestic markets in the EU, the EU and its main powers bank on the expansion of economic relations beyond the EU and free trade agreements. The coalition agreement of social democrats and Christian democrats in Germany, the dominant EU power, is characteristic of this thinking. It is extremely brief and unimaginative in its paragraphs on the EU, but dedicates detailed and highlighted paragraphs on the Germany’s economic relationship with so-called emerging economies and on EU free trade agreements More
In regard to the posts from the end of May and from July 16th we publish an official report of the European Commission on the „Euro crisis countries“. Please find it here
We now propose the following workshop parts:
This study argues that financialisation is not a phenomenon exclusively associated with complex innovation in highly developed financial markets. Financialisation also affects countries with „shallow“ financial markets but with a significant presence of transnational financial actors that become a powerpul economic and political force able to navigate and shape uneven regulatory and institutional terrains in order to sustain new modes of profit generation. The study distinguishes two stages in the financialisation of the Romanian economy. The first, central bank dominated. Weiterlesen
Historians and philosophers have been discussing the extent to which specific ideologies regarding the understanding of time and space are involved in the writing of history, as a consequence of the “central” place that Europe had attributed itself in Modern history. The idea of “Europe” itself, whether perceived from inside or outside, is by definition ideological or it is a teleological “discourse”, which performs epistemological and political functions at the same time. Whether we consider ourselves More