Workshop Organizers: Some Elementary Remarks and Suggestions

Starting by reminding you on our „First Thoughts“ from December 2013 we should like to repeat (or to explain) the following points:

1. The workshop in October 2014 will be the fourth in a series of EU experts’ discussions oriented towards elaborating political-economic analyzes which can help us to understand current societal reality More

Ivan Berend: Globalization and its Impact on Core-Periphery Relations

Globalization is probably the most often used term in social sciences nowadays. Several colleagues, however, maintain that there is nothing new in globalization. The entire early modern and modern history were periods of permanent development of globalization, especially after the discoveries, building colonial empires, later railroads, and establishing laissez-fair system an the international gold standard. The world, no doubt about it, became more international, if you want global all the time. More

Marica Frangakis: Inequality and Financialisation: The Case of the EU

After the collapse of the Bretton Woods system and the elimination of the system of fixed exchange rates, global finance made new inroads into the world economy, while the deregulation of financial services marked the beginning of the era of financialisation. Inequality in the distribution of income and wealth feeds the process of financialisation and is fed by it. It is a two-way relationship, which has favoured the meteoric rise of the More

Lutz Brangsch: The “Hard Core” of European Integration

Dimitris Sotiropoulos notes quite rightly that the Euro is not just a currency, but a mechanism: “It has set up a particular form of symbiosis among different capitalist economies” (Sotiropoulos 2012, 66). But what is the material nature of this “symbiosis among different capitalist economies”?

This key issue had already been raised by John Grahl in 2003. He stressed that globalisation and the associated process of European integration More