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The EU coronavirus Recovery Fund will take Europe another step towards disintegration – The Guardian

, 25/07/2020

During the early years of the eurozone crisis, I remember gauging its depths by the rapidly diminishing half-life of the celebrations that followed every European Union summit. Premature proclamations that the crisis was over inspired hope, which caused the money markets to rebound. But then, at some point, gloom would unfailingly return. As the years of […]

While EU leaders squabble, the Elephant in the Room remains unnoticed

, 18/07/2020

While the media are reporting the news of the deadlocked EU Summit negotiations over the so-called ‘Recovery Fund’, an eerie silence prevails regarding the Elephant in the Room: The huge wave of austerity the Eurozone is sleepwalking towards. Let’s look at the facts. Even if the Dutch Prime Minister, Mr Rutte, and the rest of […]

The Eurozone’s grappling with crisis, class war & the North-South divide – Berliner Verlag interview

, 16/07/2020

What did you think when the Euro-group elected its new leader last week? At least this was not the outcome Frau Merkel had wished? My first thought was that it spelled the end of any possibility of harmonizing corporate tax rates across the Eurozone, an issue that I am on Mrs Merkel’s side. The second […]

MeRA25: One year in Parliament

, 09/07/2020

In less than a year, MeRA25’s our parliamentary group has proven “your voice in parliament” They have attended all parliamentary proceedings and articulated profound, substantive and creative opposition! MeRA25’s parliamentary group has notably: Tabled more than 850 questions in the context of Parliamentary Control of the Government Submitted concrete proposals on a number of articles […]

Europe’s Recovery Fund: An instrument of class war against weaker Europeans everywhere

, 29/06/2020

Europe never was the battlefield on which the frugal North clashed with the profligate South. Instead, every European country has been the battlefield where a vicious class war is fought by a transnational oligarchy-without-frontiers training its armour against the weaker residents of every country, every region, every community. Covid-19, and the European Union’s response to […]

The Past, Present & Post-Pandemic Future of DEBT – El Pais

, 10/06/2020

Before capitalism, debt appeared at the very end of the economic cycle; a mere reflection of the power to accumulate already produced surpluses. Under feudalism, production came first with the peasants working the land to plant and harvest crops. Distribution followed the harvest, as the sheriff collected the lord’s share. Part of this share was […]

A Chronicle of a Lost Decade Foretold – FilmsForAction & Project Syndicate

, 01/06/2020

ATHENS – To exorcise my worst fears about the coming decade, I chose to write a bleak chronicle of it. If, by December 2030, developments have invalidated it, I hope such dreary prognoses will have played a part by spurring us to appropriate action. Before our pandemic-induced lockdowns, politics seemed to be a game. Political […]

What Comes After Capitalism? (VIDEO by Sustainable Human)

, 22/04/2020

Free market capitalism died over a 100 years ago and gave way to monopoly capitalism. Monopoly capitalism is now not even able to reproduce itself, let alone sustain the planet, common decency etc. But what comes next? Thanks to the good people at PATREON for putting imagery to my words. Support the creation of more […]

What should the EU do NOW: DiEM25’s 3-Point Plan for averting a Covid-19 Depression

, 27/03/2020

With Lives, Livelihoods and the Union on the brink, the COVID-19 pandemic is the greatest test of the European project in the history of the Union — and we are failing. Solidarity was meant to be a foundational principle of the EU. But solidarity is missing at the moment it is most needed. COVID-19 has revealed a fundamental truth: […]

Monetising misery & the future of capitalism – ABC Radio National, BIG IDEAS program

, 20/03/2020

Enormous global corporations and financial institutions are now, some say, more powerful than governments. Rules that once constrained and regulated capitalism have gone. And when their power causes massive destruction, the captains of Big Capital find ways to profit from the destruction. So, is modern capitalism, itself, a threat to capitalism? Or will corporations always […]

The Eurogroup fails Europe once again. Brace for a hideous EU recession

, 17/03/2020

The Eurogroup met yesterday, Monday 16th March, to hammer out its coordinated fiscal response to the massive recession already in progress following the lockdown of much of Europe’s society. The task they faced is enormous: If sales, tourism, services etc. fall by 50% for just one month (which is certain), and then by 25% for […]

Climate change is capitalism’s Waterloo – IRISH EXAMINER

, 11/03/2020

Steven Mnuchin’s snide remark about teenage climate activist Greta Thunberg at this year’s World Economic Forum meeting in Davos outraged liberal commentators. US treasury secretary Mnuchin, responding to Thunberg’s call for an immediate exit from fossil fuel investments, said that she should go to college “to study economics” before “she can come back and explain […]

Oligarchy & Xenophobia: The only beneficiaries of Greece’s economic ‘recovery’ – The Guardian

, 04/03/2020

Spring is already in the air across Greece. Even in the bleakest of times, nature’s renaissance renders hope irrepressible. But this one is proving a cruel spring for a people caught up in a decade-old crisis yielding one ritual humiliation after another. Costas runs a small bookshop in my central Athens neighbourhood. Although jovial by […]

The EU’s green deal is a colossal exercise in greenwashing – The Guardian

, 09/02/2020

Ursula von der Leyen’s signature proposal co-opts the slogans of climate activism, but has none of the substance Emergencies tend to reveal our true priorities. When our house is burning down or the storm waters are flooding in, we hold on to what we value most, and leave the rest behind. A decade ago, the […]

DiEM25 2.0 – Prague Address

, 10/12/2019

On the next phase of Europe’s transnational progressive movement PRAGUE ADDRESS, 22nd November 2019 We come from all over Europe. From across borders, party lines and with different views of the good society. We are united by these differences. Europe will be democratised. Or it will disintegrate. This is not a scare tactic. It is […]

“Brexit, for all its ills, has reinvigorated British democracy” – Cambridge Union address, 8 NOV 2019

, 11/11/2019

Last Friday (8th November 2019), I delivered a Cambridge Union address on (what else?) Brexit. My opening message was: “Instead of moaning about the state of British institutions, rejoice! For all its many ills, Brexit has reinvigorated British democracy.” Unlike most continental European parliaments, the House of Commons remains at the heart of decision making and, […]

With a recession on its way, it is time we demanded an International Green New Deal

, 15/10/2019

Last April, again in The Guardian, David Adler and I called for a particular Green New Deal to be implemented internationally. Now that a new recession is ante portas, we are renewing this call, suggesting that we cannot afford yet another ‘good’ economic crisis to go to waste. Our latest piece in The Guardian follows: […]

The IMF functions like the US-European bankers’ bailiffs – Varoufakis and Rogoff on BBC World Service’s World Business Report

, 28/08/2019

The International Monetary Fund’s latest $56 billion loan to Argentina is at risk of failing again. The Argentinian peso has slumped and opposition leader Alberto Fernandez wants to ditch the austerity conditions attached to IMF bailouts that have so far failed to reduce inflation, stabilise the currency or halt recession. The Washington-based multilateral organisation monitors […]

Jeremy Corbyn’s finest hour? IRISH EXAMINER (Project Syndicate)

, 31/07/2019

Jeremy Corbyn must expose Boris Johnson’s no-deal Brexit as a Trump-deal Brexit and put forward Labour’s plan to end the interminable Brexit ordeal immediately, suggests Yanis Varoufakis Boris Johnson is the first British prime minister in a long time who is free of dilemmas regarding his approach to the European Union. For better or worse, Johnson’s […]

Our Plan for a European Spring | DiEM25

, 07/03/2019

The 2008 global financial crisis — the modern 1929 crash — set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology […]

What’s wrong in Europe today and how to fix it tomorrow morning – Berlin speech

, 07/03/2019

Demokratie in Europa is DiEM25’s new political party in Germany. Demokratie in Europa is running in the European Parliament election this coming May as part of our EUROPEAN SPRING that is campaigning across Europe on the basis of our transnational NEW DEAL FOR EUROPE. In this Berlin speech, and in my capacity as a candidate for MEP […]

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