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Richard Wolff on Capitalism and Socialism: An Interview with C. J. Polychroniou

1.  In a paper you co-authored nearly twenty years ago with Stephen Resnick for a co-edited book of mine, you highlighted the fact that here was a time when it was thought that societies can follow “one of two mutually exclusive forms. The first form, capitalism, is usually defined in terms of three key components: markets (determining prices and wages), private ownership of the means of production (includi ...

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Power struggle intensifies in Turkey

The struggle between rival camps in the Turkish political elite reached a highpoint on December 25 with the resignation of three senior ministers, followed hours later by a major cabinet reshuffle by Prime Minister Recep Tayyip Erdogan. ...

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The corporation invasion

A new treaty being negotiated in secret between the US and the EU has been specifically engineered to give companies what they want — the dismantling of all social, consumer and environmental protection, and compensation for any infringement of their assumed rights. ...

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Mark Rutte & Jeroen Dijsselbloem: Everything they didn’t know about austerity and were afraid to ask (or admit)

For the last few years after the crisis I couldn’t get my head around the fact that so many Dutch people knew so little about Greece, and yet they felt the need to express their views in a very loud and provocative way, and pass judgment. The first few months of the crisis in Greece, Dutch tabloids like De Telegraph, came out with front page reports from Greece and published photos of Greeks enjoying their ...

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1st newsletter of Troika Watch

The last months of the year are traditionally the time when national parliaments vote on the budgets for next year. Like in the years before, in many countries deep cuts in social services and further privatizations are planned. Despite good-sounding news from and for the financial markets, austerity for ordinary people continues. This might not be by accident. ...

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Information package on the dogma of competitiveness and the competitiveness pact

Mainly driven by the German government, the EU´s political elite is planning the introduction of a so-called “competitiveness pact”. What lies behind this is a kind of eternal “Troika for all”. National governments are supposed to agree on ever more neoliberal reforms in bilateral contracts with the EU-Commission. This attack against democracy and social rights must be resisted! ...

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Europe Sending Armies to Stop Immigrants

A Nov. 19 paper by the European External Action Service (EEAS), the EU diplomatic corps, considers the possibility of the European military getting involved in the south Mediterranean in an effort to curb the influx of irregular migrants and refugees into Europe. ...

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