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How to Fight Islamophobia and the Far Right, in Europe and the United States
An alarming trend is sweeping Europe. Far-right parties, using anti-Muslim and anti-immigrant rhetoric, have made electoral gains in several European countries. In the June European parliament elections, these parties were able to garner votes in a way they haven’t before. The British National Party (BNP), which has its roots in fascist parties of the past, […]
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The Enigma of Capital and the Crisis This Time
Paper prepared for the American Sociological Association Meetings in Atlanta, August 16th, 2010. There are many explanations for the crisis of capital that began in 2007. But the one thing missing is an understanding of “systemic risks.” I was alerted to this when Her Majesty the Queen visited the London School of Economics and asked […]
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How Does the World Bank Function?
The International Bank for Reconstruction and Development (IBRD) was established at Bretton Woods in July 1944, at the initiative of forty-five countries that had come together for the first monetary and financial conference of the United Nations. In 2010, it had 186 member countries, with Kosovo its latest addition (it joined in June 2009). The […]
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Europe in Crisis
Part 1: The German Space of Accumulation The present state of affairs in the Eurozone and in the EU reflects the partition of the European Union into three groups. The first is a group of neomercantilist countries centred on Germany and formed by Holland, Belgium, Austria and Scandinavia. Their neomercantilism can be defined as a […]
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A Would-Be Paul Revere in Germany: “The Muslims Are Coming!”
The “mosque menace” is not confined to Lower Manhattan or the USA. In many European countries similar alarms are sounded, usually in tones recalling Paul Revere: “The Muslims are coming!” Although according to Sarkozy in France, Berlusconi in Italy, and the militarized neo-fascist Jobbik party in Hungary the danger is more from the Roma people […]
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Coping with Global Crises: A Tale of Two Countries
Even before the turmoil caused by the global financial crisis has been adequately dealt with in terms of the adverse effects on employment and living conditions, governments across the world are being told that fiscal consolidation is the most important macroeconomic policy to be addressed. The calamities resulting from sovereign debt crises are widely advertised […]
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Hungary’s Defiance of IMF and European Authorities Scares the Guardians of Austerity in Europe
The government of Hungary has taken on a lot of powerful interests in the last couple of months, and so far appears to be winning — despite provoking outrage from “everybody who’s anybody.” “The IMF should hold the line,” shouted the Financial Times in an editorial the day after Hungary sent the IMF packing in […]
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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 […]
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Should Greece Follow Estonia’s Example?
As the representatives from the European Union, the IMF, and the Greek government are trying to flesh out how Greece can use the EU’s and the IMF’s funding to remedy its fiscal position, the main question hovering above their negotiations is whether Greece can and should follow Estonia’s example in massively cutting public spending. […]
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The Left and Marxism in Eastern Europe
You now describe yourself as a Marxist, with plans for a Marxist theory group in Hungary in addition to your ongoing work as a writer and political commentator from the Left. Why Marx now? In Central and Eastern Europe after 1989, Marxist ideas and theories were hard-pressed to survive their connection to state socialism […]
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Socialism: The Goal, the Paths, and the Compass
On the occasion of the presentation of El socialismo no cae del cielo: un nuevo comienzo at the 2010 Havana Book Fair, 18 February 2010 There’s an old saying that if you don’t know where you want to go, any road will take you there. As I’ve said on many occasions, this saying is […]
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The Oliver Kamm School of Falsification: Imperial Truth-Enforcement, British Branch
An important and perhaps growing feature of official and strong-interest-group propaganda is the resort to personal attacks and flak to keep dissidents at bay and inconvenient thoughts out of sight and mind. This has been notable over many years in the case of pro-Israel propaganda, where we can observe a positive correlation between upward spikes […]
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The Impact of the Crisis on Women in Central and Eastern Europe
1. Impact on Women in Different Social Groups Financial and economic crises and a rapid loss of existential security are nothing new for women and men in the former socialist bloc countries of Central and Eastern Europe (CEE). These crises have been a permanent condition of everyday life for the majority of populations in […]
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The Invention of the Jewish People
Introduction to Shlomo Sand, The Invention of the Jewish People by Bertell Ollman The Invention of the Jewish People is divided into two parts. The first is a long section on the theory of nationalism, whose main characteristic, according to Sand, is the tendency to invent a past that suits the current needs and […]
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The Iran Versus U.S.-Israeli-NATO Threats
It is spell-binding to see how the U.S. establishment can inflate the threat of a target, no matter how tiny, remote, and (most often) non-existent that threat may be, and pretend that the real threat posed by its own behavior and policies is somehow defensive and related to that wondrously elastic thing called “national security.” […]
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Benny Morris’s War on History
Benny Morris, One State, Two States: Resolving the Israel/Palestine Conflict (Yale University Press, 2009). This book is a disgrace. It is difficult to understand why a reputable publisher like Yale University Press would wish to have its name on a book that is so dishonest, ill-informed, and pursues an obvious political agenda. Perhaps the clue […]
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I Am a European Roma Woman
This campaign film by Amnesty International and Mundi Romani drawing attention to the importance of women and the complexity of the Roma identity was released on 6 March 2009, in time for International Women’s Day. The campaign seeks to combat the escalating violence against the Roma people in Europe, including Hungary, which is threatening the […]
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The Coronation of the New Emperor
Around the world hundreds of millions of people witnessed the inauguration of the 44th president of the United States (US), or rather the coronation of the new “emperor.” Even at the bottom tip of Africa, it was difficult to escape the scenes of imperial grandeur that beamed across television sets. As was the case with […]
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A Structural Crisis of the System: Interview with István Mészáros
István Mészáros won the 1971 Deutscher Prize for his book Marx’s Theory of Alienation and has written on Marxism ever since. He talks to Judith Orr and Patrick Ward about the current economic crisis. The ruling class are always surprised by new economic crises and talk about them as aberrations. Why do you believe they […]
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Reflections on the Global Economic Crisis and Its Likely Impact on South Africa
“Our community is expanding: MRZine viewers have increased in number, as have the readers of our editions published outside the United States and in languages other than English. We sense a sharp increase in interest in our perspective and its history. Many in our community have made use of the MR archive we […]