Geography Archives: Greece

  • Euro Exit? Interview with Economist Alberto Montero Soler

    Alberto Montero Soler: First of all, I have to say that those effects would only manifest themselves in the medium term. To propose an exit from the euro as an immediate solution to the deterioration of living conditions of people would mean to deceive them. We are at a crossroads where peripheral economies can only choose between two evils.

  • Greece at a Crossroads: Crisis and Radicalization in the Southern European Semi-periphery

    Introduction The Greek crisis represents the deepening of a long systemic contradiction whose origins lie in the 1960s, in the stagnation of monopoly capitalism and the emergence of the South.  The industrial centers of the world economy were struck by a crisis of profitability, which was displaced outward in space and forward in time by […]

  • Can Germany’s Left Party Be Saved?

    What is the matter with Germany’s Left Party?  Or, more bluntly, can it be saved?  What is the truth about the charismatic leader Oskar Lafontaine, from West German Saarland, who suddenly, surprisingly withdrew from the fight for party leadership?  Is he really out of the running?  And is that good or bad?  What are the […]

  • Greek Election

    Carlos Latuff is a Brazilian cartoonist. | Print

  • Democracy Imperiled: The Greek Political Crisis

    Recent developments in Greece provide an acute illustration of the long-standing contradiction between capitalism and democracy.  This contradiction has also been felt in Greece in the past, including in the history of military coups aimed at the repression of popular movements and at ensuring the country’s subordination to the wishes of the United States during […]

  • Impoverishing Europe

      The crisis is not relinquishing its grip on Europe.  From autumn 2008 to early 2009 the world market experienced the deepest slump in economic output since the Second World War.  This is a global crisis.  Even in emerging economies like China, Brazil, or India economic growth declined and could not compensate for the recession […]

  • Some Good News, and Lots of Bad News, from Germany

    Here’s “good news” and “bad news” from Germany.  The good news: the Christian Democratic Union of Angela Merkel took a real whipping in the election in North Rhine-Westphalia (usually abbreviated to NRW), the largest German state in terms of population.  Her smiling, almost benign mien, with little bluster or braggadocio, disguises less and less her […]

  • Self-Defense for Workers, Against Market Tyranny: An Interview with Michael Perelman

    Carlo Fanelli (CF): Your early work pays a great deal of attention to the classical political economists (e.g. Ricardo, Smith, J.B. Say, J.S. Mill, Marx, etc.), with later writings engaging with economic luminaries such as Alfred Marshal and John Maynard Keynes.  Could you briefly discuss how this research has influenced your thinking about economics?  And […]

  • Argentina and the Magic Soybean: The Commodity Export Boom That Wasn’t

    One of the great myths about the Argentine economy that is repeated nearly every day is that the rapid growth of the Argentine economy during the past decade has been a “commodity export boom.”  For example, the New York Times reported last week: Riding an export boom for commodities like soybeans, Argentina’s economy grew at […]

  • “Fail Again and Fail Better”: Matan Kaminer on J14 Protests in Israel

    I met Matan Kaminer in Tel Aviv in January 2012, and we agreed to do an extended interview about the state of the left in Israeli society after the controversial J14 social justice protests. Can you tell us a little about yourself and your background?  How did you get involved in political activity? I was […]

  • Democracy Instead of the Fiscal Treaty!  We Need a Different Approach to Tackle the Crisis, and a Different Europe

      Spring 2012.  Merkel and Sarkozy rush from summit meeting to summit meeting, in order to save the euro.  The yellow press smears the people of Greece.  The struggle over a solution to the crisis is intensifying dramatically: by early 2013, an authoritarian-neoliberal alliance of business lobby groups, the financial industry, the EU Commission, the […]

  • Deindustrialization and Workers’ Struggle in Serbia

    “Yugoslavia was in debt to the IMF. . . .  There was a conflict in the six republics of Yugoslavia: who is going to pay the debt?  Who is going to pay the debt was also a conflict between developed parts and undeveloped parts of Yugoslavia. . . . [In] this huge debate about who’s […]

  • The Black Freedom Movement and Chris Hedges’ Misuse of History

    “We want freedom now, but we’re not going to get it saying ‘We Shall Overcome.’  We’ve got to fight until we overcome.” — Malcolm X “A social movement that only moves people is merely a revolt.  A movement that changes both people and institutions is a revolution.” — Dr. Martin Luther King, Jr. On the […]

  • Wall Street, Small Business, and the Limits of Corporate Personhood: An Interview with Doug Henwood

    Sasha Lilley: Protests against Wall Street have inspired many people to move their money from big banks to smaller banks and credit unions and encourage others to do the same.  Why might you be skeptical of this effort? Doug Henwood: There are several reasons.  First of all, I think a lot of the big banks […]

  • Social Democracy’s Great Error: Similarities Between the Schröder and Zapatero Administrations

    In circles close to the former Zapatero administration, attempts have been made to represent former Prime Minister Zapatero as the politician who “sacrificed himself to save Spain,” comparing him to former German Chancellor Schröder who, though aware that he would antagonize his electoral base with his clearly neoliberal policies, went ahead with them, for he […]

  • Europe’s Debt Crisis Deepens

    Over the weekend, Fitch — the major rating company that, with its fellow majors, Moody’s and Standard and Poor’s, dominate the business of assessing the riskiness of debt instruments — took a highly publicized step.  It downgraded the credit-worthiness of the sovereign debts of many European countries.  What a spectacle!  These rating companies were distinguished […]

  • Tough on Euros, Weak on Nazis

    Hurray!  Merkel won the day!  It took a long night of backroom bargaining, but except for that Tory, David Cameron, all European Union members agreed to save the euro, save the economy, save the world!  It had been on the brink of disaster, Sarkozy warned on the eve of the meeting: unless we reach agreement […]

  • Ireland: Whatever You Do, Don’t Get Sick, Don’t Get Old, and Don’t Be Young

    On December 6th, 2011, the Irish government announced a new and harsh austerity plan through a tight budget.  The annual budget, now stripped of a regular rise in social welfare payments, is part of a dreaded aspect of living in 21st century Ireland, a country plagued by a seemingly incurable economic depression.  Cuts were made […]

  • The General Strike

      General strikes were common in Europe and in the U.S. towards the end of the nineteenth century and in the first decades of the twentieth century.  They provoked great debates within the labor movement and within the revolutionary parties and movements (anarchist, communist, socialist). Much discussed were the importance of the general strike in […]

  • The Scream

    Rajoy Won Victor Nieto is a cartoonist in Venezuela.  Cf. “Polls say that seven out of ten voters for the victorious People’s Party do not have much confidence in . . . PP” (Ancelmo Gois, “Direita, volver,” 21 November 2011); “Right away, the risk premium of the Spanish debt rises and the stock market tumbles, […]