Geography Archives: Europe

  • The Theory of U.S. Foreign Policy — I

    United States foreign policy has been generating defeats for well over a decade now but never at such a fast and furious pace as during the last few months. . . . What is the reaction in the American ruling class to this consistent and comprehensive failure of foreign policy?  One might expect mounting criticism […]

  • Apartheid South Africa’s Secret Relationship with Israel

    Thank you for having me, Yousef [Munayyer], and thank you all for coming out on a day when it’s over 100 degrees.  I know it wasn’t easy.  I’m going to talk a little about the research that went into this book [The Unspoken Alliance: Israel’s Secret Relationship with Apartheid South Africa] and where my interest […]

  • Samandal: Picture Stories from Here and There

      What is Samandal?  Samandal is about comics, a trilingual publication dedicated to comics from the region and abroad that comes out quarterly in Arabic, English, and French.  All the comics in Samandal are published under a Creative Commons license.  And how does Creative Commons change commons?  To answer that, we need to look at […]

  • Greek Debt: Default or Restructuring?

    After Greece, what?  Hungary?  Or a low growth prospect for Europe?  Or disappointment with American recovery?  Or, still Greece?  The international financial markets are always nervous and unstable — sometimes sad, sometimes euphoric, but always in a dialectic of rationality and irrationality.  Despite our more “scientific” air, we economists make the same mistakes.  So, perplexed […]

  • End Times with Slavoj Žižek

      Slavoj Žižek.  Living in the End Times.  Verso, 2010. Reading Žižek has always been as challenging as it is enjoyable, an experience of pleasure and pain that seems at times an intellectual correlate to the operation of objet petit a (little object a).  The concept of objet petit a has been a constant in […]

  • The Dollar Question: Where Are We?

      The global crisis has led some to question the dollar’s place as the dominant currency.  This column discusses three camps in the literature: those advocating a new synthetic global currency, those arguing that a new reserve currency will emerge, and those suggesting a return to sharing the role.  It concludes that talk of the […]

  • Exploiting “Crisis” to Crush Labor

    One thing should be made clear about the situation in the Eurozone economies that is not clear at all if we rely on most of the news reports.  This is not a situation where countries face a “dilemma” because they have overspent and piled up too much public debt.  They do not face “tough choices” […]

  • Revolution and Public Debt: Britain and France

      David Stasavage, Public Debt and the Birth of the Democratic State: France and Great Britain, 1688-1789.  xii + 210 pp.  Cambridge and New York: Cambridge University Press, 2003.  Tables, figures, notes, appendix, bibliography, and index.  $60.00 U.S. (cl).  ISBN 0-521-80967-3. In 1989, Douglass North and Barry Weingast published an article in the Journal of […]

  • Sanctions against Iran and the Next War

    In his History of the Peloponnesian War, Thucydides relates how Pericles, in the fifth century BC, imposed economic sanctions against the city of Megara, which had allied itself with Sparta.  Athens prohibited trade with this city state and sent a message: if Megara did not break its alliance with Sparta, it would be punished.  Megara […]

  • The Political Economy of Israel’s Occupation

      Paul Jay: So, in talking to people in Israel, one thing I hear constantly is the fight here is about national identity, it’s about the defense of the Jewish state.  I don’t hear very much about economics of Israel or the economics of occupation.  So how does national identity relate to the economics here? […]

  • A Nuclear Revival?

      Justin Pemberton, dir.  The Nuclear Comeback.  DVD. New York: Icarus Films, 2007.  53 minutes. Are we on the brink of a nuclear revival?  Should we be?  The Nuclear Comeback, an absorbing documentary video, is titled declaratively but sprinkles question marks.  The Nuclear Comeback embarks on a tour of some of the high and low […]

  • The Boss, the Union, and the Government

    The boss commits a violent foul play against the union.  See which side the government red cards. Eneko Las Heras, born in Caracas in 1963, is a cartoonist based in Spain.  This cartoon was published on his blog . . . Y sin embargo se mueve on 14 June 2009.  Translation by Yoshie Furuhashi (@yoshiefuruhashi […]

  • Iran, Israel, and Air Defense: What, Exactly, Is the “Threat”?

    A few days ago, the Wall Street Journal reported that Iran had sent Syria a “sophisticated radar system that could threaten Israel’s ability to launch a surprise attack against Iran’s nuclear facilities.”  The story cited reporting from “two Israeli officials, two U.S. officials and a Western intelligence source,” and was “confirmed . . . by […]

  • Après moi, le déluge: War, Debt, and Revolution

      Michael Sonenscher, Before the Deluge: Public Debt, Inequality, and the Intellectual Origins of the French Revolution.  Princeton and Oxford: Princeton University Press, 2007.  x + 415 pp.  Notes, bibliography, and index.  $39.95 U.S.  ISBN-13: 978-0-691-12499-5 (hb). The subtitle of Michael Sonenscher’s book calls to mind at least two different, and separate, historical problems.  First, […]

  • Genocide Denial and Genocide Facilitation: Gerald Caplan and The Politics of Genocide

    In his June 17 “review” of our book The Politics of Genocide, for Pambazuka News,1 Gerald Caplan, a Canadian writer who Kigali’s New Times described as a “leading authority on Genocide and its prevention,”2 focuses almost exclusively on the section we devote to Rwanda and the Democratic Republic of Congo.3  Caplan says virtually nothing about […]

  • Austerity: Why and for Whom?

    Clearly, the global capitalist crisis that started in 2007 will be neither short nor shallow.  The government rescue of the US financial industry pumped enough extra money into the economy and sufficiently reduced interest rates to give banks and the stock market the heavily hyped “recovery” that started March 2009 and is now over.  What […]

  • G20: Where No Side Wins

    There is only one message that comes out of Toronto, where the G20 summit has come to an end.  The formation, ostensibly created to reflect changing power equations in the world economy, serves no purpose.  It has turned out to be one more talking shop in which agreement to disagree is presented as a consensus. […]

  • Youth Politics and Revolution

    Speech at the youth panel at the Compass conference “A New Hope,” 12 June 2010. Not every generation gets the politics it deserves.  When baby boomer journalists and politicians talk about engaging with youth politics, what they generally mean is engaging with a caucus of energetic, compliant under-25s who are willing to give their time […]

  • Eurozone Crisis: Beggar Thyself and Thy Neighbour

    Excerpt: The mechanisms of crisis Gains for German capital, losses for German workers and periphery i. Monetary union has imposed fiscal rigidity, removed monetary independence, and forced economic adjustment through the labour market.  Workers have lost share of output relative to capital in Germany and peripheral countries. ii. The German economy has performed poorly, with […]

  • The Painful Birth of a New German President

    It all began with a jolt, and hasn’t stopped jolting yet!  Presidents in Germany are not too important; they do have a veto right, make occasional speeches,  pin on medals and take the oaths of new cabinet ministers, making them a notch or two more useful than Elizabeth II.  When President Koehler set a precedent […]