debating progressive politics in Europe and beyond
This year has begun on a note of cautious optimism for the global economy. Europe is back from the brink. The United States did not fall over the fiscal cliff. Japan is moving to change its economic strategy, and China appears to be getting back on track. Financial-market indices in the US, moreover, are near [...]
Ylmaz Akyuz of the South Centre analyses the prospects of the world economy going back into recession in 2013. This interview was conducted and published by the Real News Network.
The upswing in global equity markets that started in July is now running out of steam, which comes as no surprise: with no significant improvement in growth prospects in either the advanced or major emerging economies, the rally always seemed to lack legs. If anything, the correction might have come sooner, given disappointing macroeconomic data [...]
Very interesting interview on the state of the global economy by the World Bank with Joseph Stiglitz. Not sure why the sound is so bad but you can still understand what he is saying: Interview with Prof. Joseph Stiglitz from World Bank on Vimeo. If you want to get the full whack you can also watch Stiglitz’ lecture on the same [...]
Perhaps the greatest tragedy of this historical period is that in spite of an amazing spate of social progress in many areas, that we seem to be backtracking in the crucial area of equality. It would have been both difficult and disappointing to anticipate in the 70s and 80s that a few decades later we [...]
Bridging the gap between the interests of their traditional supporters and the demands of the global economy is major challenge for social democrats today. If European social democracy is to recover from the experience of three decades of dominance by neoliberal thinking, a world economy on the brink of financial meltdown, and a substantial increase [...]
The compromises of social democracy will always be in difficulties when capitalism is in crisis. The critical question in the wake of the global economic crisis is whether social democracy will enjoy a rebirth, or whether, instead, it will be in need of a requiem. Economic crises are hardly propitious for social democracy, and this [...]
An ethically informed strategy, based on growth through investment and better employment conditions, is also the most effective. Our debate on the good society should not seek to design a social model based on ethical principles. Rather, ethics should help us in determining the direction and means by which we as democratic socialists seek to [...]
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