Geography Archives: Italy

For the past few months global attention, especially in the international financial media, has been focussed on the eurozone.  The reasons are obvious.  The group of countries that make up the European Union together constitute the largest economy in the world.  Instability within it — which now seems inevitable, no matter how the current problems […]

  I am in Tel Aviv.  70 km away from the fires, I cannot even see the smoke cloud above the Haifa area, which is moving into the sea and may reach Cyprus before it comes to me.  The pictures on my plasma TV are, however, very saddening.  You see tens of thousands evacuated from […]

Negotiations on Iran’s nuclear program are due to start again shortly, and once again the European Union is called upon as a “mediator.”  This is no minor challenge.  With Iran insisting on discussing Israel’s nuclear capacity and the United States preparing a tougher uranium swap agreement, a deal seems as far away as ever.  Nevertheless, […]

It is now abundantly clear that each and every response by the eurozone (EZ) to the galloping sovereign debt crisis has been consistently underwhelming.  This includes the joint EZ-IMF operation, back in May, to “rescue” Greece and, in short order, the quite remarkable overnight formation of a so-called “special vehicle” (officially the European Financial Stability […]

The North Atlantic Left Dialogue (NALD), by bringing North Americans and Europeans together, allows participants to reflect on their own situation through the lens of the thinking of other leftists who face similar political issues in different contexts.  There are commonalities in the division between social movements on the one hand and political parties/labor organizations […]

Once I went to May Day.  I never got workers’ festivities.  The day of work, are you kidding?  The day of workers celebrating themselves.  I never got it into my head what workers’ day or the day of work meant.  I never got it into my head why work should be celebrated.  But when I […]

It’s those foreigners again!  In June and July, during the World Cup, Germans cheered their soccer team’s every skilled pass, every goal — and seemed proud that so many of its players had immigrant backgrounds, from Tunisia, Nigeria, Brazil, Spain, Yugoslavia, Ghana, Poland, and Turkey.  Hurrah! But now it’s October.  The leaves have changed color […]

When the Crash of 2008 hit Wall Street, European capitalism was thrown into disarray.  With the demise of the export-absorbing monster that was the US consumer market, what in 2003 Joseph Halevi and I called “The Global Minotaur” (see Monthly Review, Vol. 55), Europe not only lost a critical source of aggregate demand but also […]

The European tour of Wen Jiabao is taking place while the conflict between the US and China over the yuan/dollar exchange rate is getting worse.  At the same time, a similar if less noisy clash exists between China and the Eurozone countries.  Last but not least, tensions have also arisen in the Sino-Japanese relations following […]

Once again the time has come in Germany for bells to ring, fireworks to explode, politicians to declaim, and media to drench us with joyful, endless reminders of events of twenty years ago and the evils they overcame.  Last November it was the Fall of the Wall.  Now it’s German Unity which is so loudly […]

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, […]

Nationalization and Workers’ Control: Achievements and Limitations The economic, social and political situation in Venezuela has changed a lot since the failure of the constitutional reform in December 2007, which acted as a warning to the Chávez government.1  This failure had the effect however of reviving the debate on the need to have a socialist […]

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 […]

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 […]

5 May 2010 “There is a shadow of something colossal and menacing that even now is beginning to fall across the land.  Call it the shadow of an oligarchy, if you will; it is the nearest I dare approximate it.  What its nature may be I refuse to imagine.  But what I wanted to say […]

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 […]

Much has been written on the subject of the capitalist State in the era of neo-liberalism.  Two features of the “neo-liberal State” in particular have been highlighted.1  One relates to the change in the nature of the State, from being an entity apparently standing above society and intervening in its economic functioning in the interests […]

At the end of the first decade of the twenty-first century, the Left around the world is undergoing reformation.  As the Great Recession has vividly demonstrated, more than three decades of neoliberal capitalism have eroded many of the significant gains won in the immediate decades following WWII.  From wage and benefit concessions to reductions in […]

Our friends at the Economic Policy Institute have already done a pretty good job burying the claim from Reinhart-Rogoff that high ratios of debt to GDP will lead to lower growth, but in DC, no bad theory stays dead for long.  With that in mind, let’s throw a little more dirt on the grave. The […]

In 1972 Selma James, founder of the International Wages for Housework Campaign and, more recently, Global Women’s Strike, wrote the following: “We demand the right to work less.”  Her reasoning was clear — when women work for a wage for 40 hours a week and still carry the weight of childcare and housework, what is […]