Geography Archives: Sweden

  • Michal Kalecki and the Economics of Development

    In the long and impressive catalogue of Michal Kalecki’s contributions to economics, the proportion of writings devoted to what is now called “development economics” is relatively small.  And most of his work in this area is concise to the point of being terse, in short articles that simply state some crucial principles, typically without much […]

  • The Ecological Rift: A Radical Response to Capitalism’s War on the Planet

    John Bellamy Foster, Brett Clark, and Richard York.  The Ecological Rift: Capitalism’s War on the Earth.  Monthly Review Press, 2010.  544 pages. Climate change is often called the greatest environment threat facing humanity.  The threat is very real.  Unless we cut carbon pollution fast, runaway climate change will worsen existing environmental and social problems, and […]

  • Joint Statement of 58 Communist and Workers’ Parties against Imperialist Aggression in Libya

    The imperialist killers headed by the USA, France, Britain and NATO as a whole and with the approval of the UN started a new imperialist war.  This time in Libya. Their allegedly humanitarian pretexts are completely misleading!  They throw dust into peoples’ eyes!  Their real goals are the hydrocarbons in Libya. We, the Communist and […]

  • Order Reigns on the Internet

    Scarcely a day after the WikiLeaks disclosures of U.S. State Department cables the U.S. political establishment went ballistic.  Some called for the assassination of WikiLeaks’ spokesperson, Julian Assange, whereas others wanted to amend the 1917 Espionage Act to target the website.  Targeted “denial of service” attacks shut down the web site, and then the political […]

  • Television in Venezuela: Who Dominates the Media?

      It is commonly reported in the international press, and widely believed, that the government of President Hugo Chávez controls the media in Venezuela.  For example, writing about Venezuela’s September elections for the National Assembly, the Washington Post‘s deputy editorial page editor and columnist, Jackson Diehl, referred to the Chávez “regime’s domination of the media. […]

  • Ideology Über Alles

    An interesting study on Americans’ attitudes regarding inequality and wealth distribution has been making the rounds recently.  It highlights once again the ideology problem that plagues any attempt to reconstruct left/social democratic/socialist/whatever politics in the U.S. The researchers asked survey respondents to choose between three unlabeled pie charts representing the social structures of three different […]

  • Wages and Deflation in Japan

      Wages and Depressions Sooner or later any bubble bursts, leading to falling asset prices as investors flee to safe liquidity.  Distress selling and debt liquidation by the market participants follow.  For Irving Fisher (1933), it is of key importance that an asset price deflation leads — via falling asset prices and a distorted financial […]

  • Speaking of Islam: An Orwellian Story

    A few metres from my office at the School of Oriental and African Studies in the heart of London’s Bloomsbury area is the Senate House of the University of London, a remarkable neo-classical colossus of a building which functioned as the headquarters of Britain’s ministry of information, where George Orwell worked occasionally during the second […]

  • Merkel, Muslims, and Multi-Kulti

    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 […]

  • The Myth of Expansionary Fiscal Austerity

    Introduction Recently governments, economists, and international financial institutions have been debating the merits of further fiscal stimulus to combat the Great Recession versus fiscal austerity or “adjustment” — that is, higher taxes and/or lower government spending — to combat budget deficits.  Some supporters of austerity have gone as far as arguing that fiscal adjustment could […]

  • First as History, Then as Farce: The Euro Crisis Revisited

    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 […]

  • Adding Insult to Injury: On the 2010 Bank of Sweden Economics Prize in Memory of Alfred Nobel

    Imagine a world ravaged by a plague, and suppose that the year’s Nobel Prize for Medicine is awarded to researchers whose whole career is based on the assumption that plagues are impossible.  The world would have been outraged.  That is precisely how we should feel about yesterday’s announcement of the recipients of the 2010 Nobel […]

  • Wanted: A Coordinated, Militant Fight-back, in Germany and across Europe

    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 […]

  • 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, […]

  • Germany: SPD and Greens Regaining Lost Ground While the Left Gets Stuck in Debates

    Angela Merkel always seems to smile when she faces a camera.  Only once in a while does an unnoticed camera show her looking tired, if not worn and slightly haggard. Things are not all going her way.  More and more people are moving in Germany, mostly in the wrong direction, at least for Merkel.  In […]

  • Sweden: The Rise of the Right

    The ruling center-right coalition (of the Moderate Party, the Centre Party, the Liberal Party, and the Christian Democrats) wins re-election (49.3%), a first in Swedish history, albeit three seats short of an absolute majority; and the far-right Sweden Democrats (5.7%) gain seats, also for the first time.  Both the Moderate Party (up 3.9%) and the […]

  • Iranian Sociology and Its Discontents

    I recently returned from the quadrennial International Sociology Association’s World Congress held in Gothenburg, Sweden.  It’s kind of like the World Cup of sociology.  There I sat in on a session organized by the Iranian Sociology Association, where a few presenters, including its president Hossein Serajzadeh, discussed the state of social science in Iran.  I […]

  • 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 […]

  • Kalecki Again

    Not very long ago, one of the main concerns of the U.S. labor movement and left-liberals was winning the passage of a full employment policy at the federal level.  In fact, this goal was attained in 1978 when Congress passed and President Carter signed the Humphrey-Hawkins Full Employment Act, which ostensibly committed the federal government […]

  • Protest Israeli Murders of Freedom Flotilla Activists

    International Solidarity Movement 31 May 2010, Free Gaza Movement Israel Murders at Least 10 Unarmed Civilians on Aid Flotilla to Gaza, Dozens Injured (Cyprus, June 1, 2010, 6:30AM local) — Under darkness of night, Israeli commandos from at least 14 warships and military helicopters boarded the Turkish passenger ship, Mavi Marmara, and began shooting.  According […]