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the world’s leading open access website for students and scholars of international politics
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  • 06/06/10--02:00: How the Greeks broke Europe
  • Greece is tiny, its economy only 3 per cent of the EU. But just as the world appeared to be clawing its way out of financial turmoil and recession, Greece reminded the markets that countries, as well as banks, can go bust. The EU has changed its poorer members less than its founders imagined. Perhaps this crisis—the most serious in the EU since its creation, according to Angela Merkel—will finally persuade Greece, and the other weaker economies, to make the reforms they have ducked since joining the euro.

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  • 06/27/11--06:49: Greek and EU Mentalities
  • Greece has been financially ill even before it joined the then EEC. The symptoms were chronic cronyism, high levels of nepotism, severe clientelism and acute individualistic mentalities. Why did banks continue lending to a country like Greece, especially since they knew the economic state of affairs the country has been in for decades?

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    I riot because I have absolutely nothing to lose. I riot because I’m angry. Anger envelopes me like a blanket every day of my life. I’m angry because I’m poor, I’ve always been poor, and I know I will never be able to afford all those nice things people are supposed to have. I’m angry because my life is shit and I know it’s always going to be shit. You want to lock me up for it? Go ahead. It means nothing to a nothing like me.

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  • 08/14/11--10:21: Greed and Democracy
  • When making sense of the weird things currently happening in the northern hemisphere, such as the London riots, one trend should not escape our notice: a deepening crisis caused by bankers’ greed is beginning to rip the guts out of democracy. Four years into the deepest economic crisis since the Great Depression, governments of vital parts of the capitalist world are running on empty.

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    Police brutality is now part of everyday life in Greece. Violence from extreme political circles of all directions is on the rise, and an overall feeling of everyone-against-everyone makes evident the crumbling of Greek society.Thus, the only thing that Greek Police seem to be good at is to provoke indignation.

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    The crisis in the Euro Area is enmeshed in an evolving global, and European, financial and economic crisis. Its dimensions are profound, historical, and structural. It raises the stakes in European integration to new heights.

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    David Cameron needs to put British national interest before his party’s interest. Angela Merkel has now left the door open for the British government to rebuild alliances and regain its position in Europe. It is in the British national interest that the government embraces that opportunity.

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    The future of Europe literally depends on the next Franco-German compromise. Europe cannot be governed by the European Central Bank.

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    The original motivation for what has become the EU was for a lasting peace in Europe, in which no country would dominate the continent. Yet, the euro and large country nationalism have changed the EU into the vehicle to achieve that domination.

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    External problems might explain the Chinese slowdown in part – but that is not the real story. China suffers deep structural problems perpetuated by a state dominated financial system.

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    European integration has lost its orientation; European integration is now a lackluster process; European integration lacks vision. There is a certain capability gap as to what Europe can achieve with its current institutional arrangements.

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    In a thought provoking journey introducing his readers to the global economic structures of the Bretton Words era, Frederick Weaver assesses the sustainability of the current form of globalization.

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    Feminist IPE has long been characterized by critical, theoretically rich, and methodogically radical grounded research and theorization, and this is a key source of its most important analytic insights.

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    Important considerations - both governmental and financial - mean the end of the US dollar's crucial role in the global financial system may not be as imminent as some are forecasting.

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    The fight against Golden Dawn will have an effect, if Greece galvanizes mature political discourse and a new set of institutions based on representation, impartiality, tolerance, and meritocracy.

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    Greeks and Psychiatry in Crisis

    The post-2008 financial crisis goes beyond the economic problems that Greece now faces. It has also created a generalized crisis in the field of psychiatry.

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    Photo: Jonny White via FlickR

    As the cases of Sweden and the UK show, regardless of the uneven structures and development of capitalism, there has been an attack on labour by capital after the crisis.

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    Review – Scandalous Economics: Gender and the Politics of Financial Crises

    A rich and illuminating volume which adds another dimension to the theme of how the contemporary organization of global finance entrenches and solidifies inequality.

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    Review – Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises

    A timely volume that details what we have learned from a long history of attempts to govern sovereign debt, and which is bound to be a reference for debates yet to come.

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  • 01/21/17--02:35: Review – Splinterlands
  • Review – Splinterlands

    Feffer's novel is a compelling, short and readable account of what may happen to our world when forms of global integration disintegrate and there is no common future.