debating progressive politics in Europe and beyond
Many nations try both: “Aust-imulus?” Few subjects have so bitterly divided our insecure times than the double-edged saber of stimulus vs. austerity. Consensus over which course will lift the current economic malaise has eluded the dueling experts. Without clearer signals of success, many nations have tried a confused mix of both – let’s call it [...]
At the peak of his power as Lord Protector of England, Oliver Cromwell marched north from London to fight the rebellious Scots. One of his lieutenants commented on the enthusiastic support they were given by the London crowd, to which Cromwell is said to have replied ‘Do not trust to the cheering, for those persons [...]
In a panel discussion at New York University last month, Immanuel Wallerstein, Michael Mann, Craig Calhoun and other noted speakers addressed the question, “Does Capitalism Have a Future?” There wasn’t a consensus on the panel. At one extreme, Wallerstein described a capitalist system unable to sustain itself because of underconsumption and a growing international labor [...]
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