A tax on financial transactions in Europe could reduce harmful speculation and help restore some political control over the markets. So why don't we have one yet?
Simply put, 'another Europe' must be able to suggest alternatives that make sense to the majority of the citizens across the continent.
Europe is increasingly unpopular, the recession hits the euro area and Angela Merkel is now facing a new populist party. So Brussels opens up to a timid change of season. But austerity has not yet been defeated politically, in elections and in the streets.
This second of two essays on military spending and the EU crisis, explores the role of the European arms trade, corruption and the role of arms exporting countries in fuelling a debt crisis, and why these 'odious' debts need to be written off. See Part One here.
Three hundred years ago, Britain signed a peace treaty that concluded a quarter of a century of warfare, cemented her place as a world power and secured the constitutional monarchy. That the UK doesn't commemorate this speaks volumes about its relationship to Europe.
Five years into the economic crisis in Europe and the elephant in the room is the role of military spending in causing and perpetuating the economic crisis. As social infrastructure is slashed, spending on weapon systems has hardly been reduced. Part one of two essays on military spending and the
The extraordinary bounce-back of the banks reveals the most disturbing, but least obvious, largely invisible, feature of the unfinished European crisis: the transformation of democratic taxation states into post-democratic banking states.
How different is Greece? The beginning of wisdom about the current Greek crisis is to recognize that it is fundamentally political, and that it has been long in the making. Greece’s failure is the outcome of a long process during which populism prevailed over liberalism and became hegemonic in soc
The simple truth unpalatable to Eurozone authorities is that small peripheral EU economies and even big economies like Spain and Italy, are victims, not designers of the liberalised financial architecture that was built way back in 1992, repeating earlier twentieth century failed experiments that
French and German overriding of the European Commission over the Stability Pact can be seen, ten years later, to have been disastrous. A vision more powerful, more engaging, more profound than “common interest” is now required if Europe is to survive, and divided Cyprus is a test case.
The author in his latest book, Dangerous Liaisons: The Clash between Islamism and Zionism (2013), contends that the antagonism between Islamism and Zionism in the west is a significant threat to integration and social cohesion. More attention should be paid to this ethno-religious political clash
A currency devoid of matching political institutions becomes a promising prey of the markets, led by financial interests, including many traditionally hostile to the euro and to the prospect of any further European integration. What to do?
