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Geography Archives: Hungary

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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Chart 1

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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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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Real GDP Growth Rate

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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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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One State, Two States: Resolving the Israel/Palestine Conflict

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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Marx and the Credit Crunch

  Part 1 Part 2 Part 2 István Mészáros: First of all, I would like to be fair to Gordon Brown.  Our friend mentioned here that he promised to abolish boom and bust.  And we must concede he managed to keep half of his promise.  He abolished boom, but not bust.  And there’s compensation.  We […]

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The Unfolding Crisis and the Relevance of Marx

Some of you may have been present at our meeting in this building in May this year, when I recalled what I had said to Lucien Goldman in Paris a few months before the historic French May 1968.  In contrast to the then prevailing perspective of “organized capitalism,” which was supposed to have successfully left […]

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