Judith Dellheim: Opening and Closing

The aim of my short „opening speech“ is to present our workshop background and some suggestions.

This “Our” refers, of course, to my colleagues from the Rosa Luxemburg Foundation, but above all to my friends Frieder Otto Wolf and Joachim Spangenberg, who work with us independently, and to my colleague Lutz Brangsch who is a senior researcher in the foundation.

The workshop has a double “story”.

On the one hand it is the sixth workshop in the series „Is it Possible to Have Another Economics for Another Economic Policy?” More

Giupseppe Caccia: Financialization and Debt as Private Grabbing of „Common Wealth“:

In my contribution I will try to highlight, first of all, which are the effects of financialization process on local governments all over Europe. Why do I suggest adopting this perspective too, among the others? Because it is relevant for our search for alternatives to the dominant “crisis management” and to the current austerity policies. Let me look back to the beginning of this century: in the global movement against the neoliberal globalisation, following the experiences of Porto Alegre and other Latin-American cities More

Reflections by Joachim Spangenberg

  1. In the current policy discourse there is a broad consensus that public debt is the key problem. This hegemonial position is supported by most neoclassical economists, and it is shared by decision makers of all parties.
  2. However, this is not the stance flowing from economic theory, which has long dominated the discussion but is almost absent now. In neoclassics, debt has mainly been discussed regarding three risks. More

Eric Toussaint: Banks versus the People: The Underside of a Rigged Game!

(Part 1)

2007-2012: Six years that shook the banking world

Since 2007-2008, the major central banks (the ECB, Bank of England, the “Fed” in the USA, and the Swiss National Bank) have been making it their absolute priority to attempt to avoid a collapse of the private banking system. Contrary to what has been said more or less everywhere, the principal risk threatening the banks is not that a government will suspend payment of sovereign debt. More

Greek Debt Audit Campaign: Announcement on the November 27 Eurogroup decision

On November 27th the Eurozone’s Council of Finance Ministers announced its decisions regarding the Greek public debt. This decision, deadly for Greece’s fiscal situation, destroys the lives of the people, putting their interests behind the interests of the creditors. It allegedly lowers Greek debt by 40 billion euros, by lowering interest rates, extending interest repayments, providing for a debt buy back scheme, and extending loan maturities. On the other hand,

It demands horrific austerity measures, Weiterlesen

Bob Jessop/Ngai–Ling Sum: Background Paper: Pre-disciplinary and Post-disciplinary Perspectives

Contributors to this forum are invited to write from their own disciplinary
on exciting intellectual developments in their Ž eld and to assess theirimplications for contemporary political economy. They should also address how far political economy is (or should become) an interdisciplinar y venture. We Žfind it hard to answer these questions, however, because neither co-author identiŽ es with a single discipline. Indeed, we reject the discursive and organisational construction (and, worse, the fetishisation ) of disciplinary boundaries. More